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Property Listing Details

Property details

Features

  • Good Transport Links
  • Investor Opportunity
  • For sale by Modern Method of Auction
  • Investment opportunity
  • A modern apartment block consisting of eight x 2 bed apartments with ensuites
  • Two stunning spacious ground floor 4 bed apartments
  • Gas central heating, double glazing and allocated parking
  • Secure communal entrance and gardens
  • All apartments are currently tenanted
  • Freehold included in the sale
  • Please call us today to arrange a viewing and for further information
  • EPC rated C

Listing view statistics

Last 30 days: 325 page views

Since listed: 514 page views

Description

For sale by Modern Method of Auction: Starting Bid Price £1,800,000 plus Reservation Fee.

A rare chance to acquire this investment opportunity ideally located close to Aldridge centre, amenities, shops, schools and transport links including M6 Toll, A38, bus and rail links. This modern apartment block consists of 8 two bedroom apartments with ensuites and 2 stunning spacious ground floor four bedroom apartments. Apartments also benefits from having gas fired central heating, double glazing, allocated parking bays, secure communal entrance and gardens. All apartments are currently tenanted. Freehold to be included in the sale. Please call us today to arrange a viewing and request further information.

The apartment block is set over three floors, with 2 four bedroom apartments and the ground floor. There is 4 two bedroom apartments located on the first floor and a further 4 two bedroom apartments located on the top floor.

The two bedroom apartments consist of; entrance hall, two bedrooms, ensuite bathroom and open plan lounge/kitchen and dining room.

The ground floor four bedroom apartments consist of; entrance hall, four bedrooms, open plan lounge/dining room and kitchen, main bathroom and ensuite.

This property is for sale by Green & Company Ltd powered by iamsold Ltd.

The property is for sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and the Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Fixtures and fittings as per sales particulars.
Tenure

The Agent understands that the property is freehold. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.

Green and company has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitor or Surveyor. Please note that all measurements are approximate.

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Floorplan

Map & Nearby

Local Amenities

  • Blake Street 2.7 miles
  • Butlers Lane 3.1 miles
  • Cooper and Jordan Church of England Primary School 0.1 miles
  • St Francis of Assisi Catholic Technology College 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Blake Street 2.7 miles
  • Butlers Lane 3.1 miles
  • Cooper and Jordan Church of England Primary School 0.1 miles
  • St Francis of Assisi Catholic Technology College 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in WS9:

  • £159,099
  • Price increase

  • £5,082
  • (3.300%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £118,667
  • Properties sold

    31

Rental opportunities

Not known

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
21st Feb 2020 £1,800,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Green & Company - Four Oaks. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Green & Company - Four Oaks for full details and further information.