1 bed flat for sale

Ragees Road, Kingswinford, West Midlands DY6

***for sale via modern online auction: Starting bids from £55,000.00 plus reservation fee***
***Offering no upward chain & an extended lease***

A one bedroom ground floor flat based in a sought after cul-de-sac location, close to local amenities.

Tucked away, offering a great deal of privacy, the property is briefly comprising: Entrance hall, lounge with electric fire installed, fitted kitchen with selected appliances, bedroom and a refitted shower room.

Also benefitting from a secure communal entrance and vast communal parking surrounding the block.

An ideal first time buyer or buy to let purchase. EPC - D / ct Band - D

Entrance Hall

Doors leading to lounge and shower room.

Lounge (3.91m x 3.07m (12'9" x 10'0"))

Window to front. Fitted electric fire with Adam style surround.

Fitted Kitchen

Good range of eye and low level units incorporating: Stainless steel sink and drainer, built in electric oven/grill, electric hob with extractor over and a freestanding fridge/freezer. Tiled floor. Window to side.

Bedroom One (2.18m x 2.08m (7'1" x 6'9"))

Window to front and a fitted wardrobe installed.

Refitted Shower Room

Three piece suite comprising: Fully tiled shower cubicle with electric shower, pedestal wash hand basin and low level WC.

Lease Information

-There is 989 years left to run on the lease. Was extended in 2016.
-Service charge charged quarterly at £210.00. £840.00 per annum.
-No ground rent costs.
-There are no covenants attached to the property.

Leasehold

We are advised by the vendor that the property is leasehold. Bloore King and Kavanagh would stress that we have not checked the legal documents to verify the status of the property. A buyer is advised to obtain verification from their solicitor or surveyor as to the details of the leasehold documents and length of lease remaining.

Modern Method Auction

Starting Bid and Reserve Price
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by iam Sold.

Auctioneer's Comments
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 56 days to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the Buyer pays a non-refundable Buyer Reservation Fee of 4.50% including VAT of the purchase price. This is subject to a minimum amount of £6,600.00 including VAT. The Buyer will consider the Reservation Fee within the total amount they wish to pay for the property. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

Referral fees: We refer clients to a number of service providers for various reasons within the scope of our terms, in line with our business and with the clients permission (gdpr 2018). It is your decision whether you choose to deal with any of the companies we recommend however you should be aware that some of these companies provide Bloore King & Kavanagh with a referral fee for recommending them. Referral fees are a maximum of £175