2 bed flat for sale

Needwood Drive, Wolverhampton WV4

Description

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £100,000
Bright and spacious 2 bedroom flat for sale with no upward chain, the property has a brand new central heating system, redecorated and with new floorings, the property comprises- Security Intercom entrance door, stairs to 3rd floor, composite entrance door, entrance hallway, 2 good size bedrooms, spacious lounge, modern shower room, modern kitchen, double glazing, storage to the ground floor and communal garden area to the rear.

Auctioneers Additional Comments
Pattinson Auctions are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Council Tax Band: A
Tenure: Leasehold (100 years)
Ground Rent: £10 per year
Service Charge: £676.77 per year
Lease Term
125 years from 03/07/2000
Lease end date 03/07/2125

Service charge covers
Building Insurance, Management fee for managing lease 3, electricity costs for communal lighting, annual charge for cleaning of communal windows, grounds maintenance, caretaking - duties associated with the communal arears of the block, communal/digital television aerials, door entry to communal area.

Access

Pathway leading to Security Intercom entrance door, stairs leading to 3rd floor.

Entrance Hall

Composite entrance door, doors leading to bedrooms 1,2, lounge, shower room and kitchen, loft access, double radiator.

Lounge (4.21m x 4.14m)

Double glazed front and side facing windows, double radiator.

Kitchen (3.67m x 2.30m)

Range of wall and base units, worksurface, sink and drainer with mixer tap, double glazed rear facing window, door to cupboard housing the boiler, tiled to splash areas, plumbing for a washing machine, vinyl flooring.

Bedroom 1 (5.12m x 2.69m)

2 Double glazed rear facing windows, double radiator.

Bedroom 2 (3.73m x 2.65m)

Double glazed front facing window, double radiator.

Shower Room

Walk in shower cubicle and electric shower, low flush wc, sink and vanity unit with mixer tap, double glazed rear facing window, floor to ceiling tiling.