Sold STC

Offers over

£50,000

1 bed flat for sale
Park Gate Mews, Newhall Street, Tipton DY4

1 bed
1 bath
1 reception
Tenure:
Leasehold
Service charge:
Not available
Time remaining on lease:
110 years
Council tax band:
Not available
Ground rent:
Not available
  1. Property photo 1 of 7.

Points of interest

Property location

Nearby amenities

  • Wallbrook Primary School0.2 miles
  • Bloomfield School (SEN)0.4 miles
  • Tipton0.7 miles
  • Coseley0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Close to Train Station

  • Investor Opportunity

  • Leasehold
  • ****No Chain***
  • Modern style 1 bedroom Apartment
  • Tenant & Agent in Stu Income £500 pcm
  • Lounge/Diner with open plan fully fitted Kitchen
  • Central Heating and Double Glazing
  • WC & Ensuite bathroom
  • Local amenities
  • 7 mins walk from local train station
  • Excellent Commuter links to Birmingham & Wolverhampton
  • Walking distance to Tipton town centre
  • 2 mins from the bus stop
  • EPC Available
Description

Not to be missed! Great investment opportunity

ground floor Purpose built Apartment with secure central courtyard and ample car parking to rear for per flat. Tenant in situ and the property which is managed by our in house lettings team and the property is producing rental income of £500 pcm.

Accommodation consists of, Communal Entrance with access to Apartment door to right, entrance door leading to property hall with WC to left, open plan spacious Lounge/Diner and Kitchen, storage cupboard, Bedroom with en-suit Bathroom, access to rear via back door to the Communal Secure Central Courtyard with Parking. The property has the benefit of double glazing.

Property is situated close to Tipton High Street, Princess End shopping parade is few hundred metres away to the north-east.

Apartment has an unexpired ground lease of over 97 years but tbc, for further information on lease and management service charges please contact us directly.

Ground rent
£499 Per year

Maintenance charge
£1,066 Per year

Tenure: Leasehold (110 years)
Ground Rent: £499 per year
Service Charge: £1,066 per year

Access

Secure communal entrance.

Entrance Hall

Magnolia walls make this place stand out from the rest, security entry com system for visitor access.

WC

A separate toilet and wash basin off the hallway is a practical and useful addition to this property

Living Room

Spacious for lounge and dining area, carpeted, magnolia walls, ceiling spotlights, and a double aspect bay window to front, complete with venetian blinds make this room feel spacious and welcoming.

Kitchen

The kitchen is open plan, white wall units, fitted oven and hob, window to front, single sink unit.

Storage Area

Airing Cupboard, with bolier.

Master Bedroom

Good size double bedroom, with decorative wall lights, magnolia walls, carpet and blinds its a room ready to move into

En-Suite Shower Room

Great size bathroom with full size bath and shower, wc, wash basin.

Parking

There is one parking space behind a security gate.

Location

Walking distance to Tipton town centre 3/4.
Excellent Commuter links to Birmingham & Wolverhampton.
7 mins walk from local train station.
2 mins from the bus stop

Directions

From the branch turn onto Union St, continue onto New Mill St, turn right onto Flood St, then left onto Dudley Southern By-Pass A461. At the roundabout, take the 2nd exit onto Tipton Rd/A4037, continue to follow A4037, the property is found on the right on Newhall St.

Tenancy Information

Leasehold:- Long lease about 90-95 years left tbc, if you require the figures please contact our office.

Tenure

Property is Leashold with a ground & service charges lease to be paid each year, which makes it leasehold.

Fixtures & Fittings

Please Note: The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor or Surveyor. References to the tenure of a property are based on information supplied by the seller. The agent has not had sight of the title documents. A buyer is advised to obtain verification from their solicitor.

Making An Offer

In order to clarify the process, all offers should be either confirmed in writing with paperwork as explained on viewings and emailed to

Paperwork Proof Of Funds Required Part 1

We will need to verify the buyer's position and ability to proceed, therefore if you require the following;
1: If Mortgage; Then copy of your Mortgage Certificate ie mortgage in principal. If this is not available, you will be contacted by our Financial Advisor to confirm your ability to proceed, although you are not obliged to use the services of our Financial Adviser.
But we can offer their services for free advice, they shall confirm their fees direct with yourself. There are discounts available via our brokers as they are independent and have access to various deals (please note we do get a referral fee).

Paperwork Proof Of Funds Required Part 2

2: We do require proof of your cash deposit, this can be in form of bank statements, must have the clients full contact details on ie name & address. If recent funds have been deposited in the account then we shall require where these funds had come from original for money laundry proposes.
3: Cash purchaser, we will require proof of funds, if recent funds have been deposited in the account then we shall require where these funds had come from original for money laundry proposes.
4: Id of all parties who shall be purchasing the property ie driving license and passport.

These can be emailed alongside your offer, failure to do so can result in your offer not being processed in time and you may lose out on the property. Our Money laundry officer needs the following documents to sign off your offer before we process this to the owners.

Viewings

Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

We have only selected days and times we can arrange viewings for this particular property. Please contact us for availability on . Alternatively, Email - , visit our web site

Floor plans and tours

Floor plans

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Tours

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Property descriptions and related information displayed on this page are marketing materials provided by - John Miller. 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 John Miller for full details and further information.