2 bed flat for sale

Arden Close, Wollaston, Stourbridge DY8

Description

Spacious Ground Floor Flat with No Upward Chain

+being sold via the modern method of auction+ This well-presented ground floor flat offers comfortable and convenient living within a popular residential location. Accessed via a secure main entrance door into a communal stairwell, the property features a welcoming entrance hall with doors leading off to all main rooms.

The accommodation includes a bright and spacious lounge, a well-fitted kitchen, two generous bedrooms, a bathroom, and a separate WC. Outside, residents benefit from well-maintained communal gardens, parking facilities, and shared drying areas.

Ideal for first-time buyers, downsizers, or landlord investors, this appealing home is offered for sale with a long lease and no upward chain, ensuring a straightforward purchase process.

This property is for sale by the Modern Method of Auction, starting bid of £110,000 plus reservation fee. 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 4.5% of the purchase price including VAT, subject to a minimum of £6,600 including VAT. The Reservation Fee is paid in addition to 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.

Entrance Hall

Lounge - 3.27m x 5.29m max. (10'8" x 17'4" max.)

Kitchen - 2.29m x 2.54m (7'6" x 8'4")

Bedroom One - 3.15m x 3.5m excl. Door recess (10'4" x 11'5" excl. Door recess)

Bedroom Two - 2.66m min. 3.27 max. X 2.54m (8'8"min. 10'7" max. X 8'4")

Bathroom - 1.49m x 1.59m (4'10" x 5'2")

WC

Outside

Garden

Parking and Drying Area

Material Information

Services

We understand that the property is connected to mains electricity, water and drainage. This should be verified by your legal adviser and/or surveyor. We have not conducted any tests of these services.

Tenure

We understand that the property is leasehold.

Lease start date: 20/1/2003

Leased end date: 20/1/2128

Unexpired lease term: 103

Ground rent: £10

Service charges: £1100 pa approx.

You should ask your legal adviser to verify the lease terms and advise you regarding the implications.

Council Tax

Council Tax Band: A

Local Authority: Dudley mbc

EPC Rating

D (67) Broadband

According to Ofcom, there is standard, superfast and ultrafast broadband available in the area

Mobile Signal / Coverage

According to Ofcom, mobile coverage is available on all four main networks (EE, Three, O2 and Vodafone).

Parking

Off street parking is provided by a communal parking area. This should be verified by your legal adviser.

Restrictions and Rights

We are not aware of any onerous restrictions. This should be verified by your legal adviser.

Flood Risk

According to the Environment Agency and Lead Local Flood Authorities, the property is not in an area that is vulnerable to flooding.

Coal Mining

The property is not in a mining area.

Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017

It is a legal requirement for estate agency businesses to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. To do this, we must undertake robust biometric id verification, pep and sanctions checks on any successful purchasers upon offer acceptance. The cost of this service is £30.00 per individually named purchaser. This cost is non-refundable and is paid to our third-party supplier by the successful purchaser. The check must be completed and recorded as satisfactory before issuing sale notifications.

Referral Fees

Please visit our website for details of referral fees that we may receive from our referral partners.