Residential Investment

Situated on the outskirts of Walsall, this Freehold end terraced property has been converted to offer an ideal investment opportunity bringing an income of around £16,000 per annum. Benefiting from gas fired central heating and double glazing, the property comprises:- (Seller has provided the description and photographs. The Auctioneer has not inspected the property).

Tenure

See Legal Pack

Ground Floor

Entrance Hall has door to front, single radiator, ceiling light point, doors to:- Letting Room 1 (let on an Assured Shorthold Tenancy from 17th July 2020 at £359 PCM) has double glazed window to front, single radiator, ceiling light point, fully furnished Letting Room 2 (let on a Periodic Tenancy at £325 PCM) has double glazed window to rear, double radiator, Inner Lobby has door to kitchen, stairs to first floor landing, single radiator. Kitchen a modern fitted kitchen having a matching range of wall and floor based storage units, double glazed window to side, door to side access, stainless steel sink, central heating boiler, ceiling light point, door to downstairs bathroom. Downstairs Bathroom has double glazed window to side, panelled bath with shower over, pedestal wash hand basin, low level wc, extractor fan, single radiator, ceiling light point.

First Floor

Landing has double glazed window to side, two ceiling light points, loft access, doors to:- Letting Room 3 (let on a Periodic Tenancy from 5th May 2018 at £340 PCM) has double glazed window to rear, single radiator, ceiling light point. Letting Room 4 (let on an Assured Shorthold Tenancy from March 2020 at £349 PCM) has two double glazed windows to front, built in wardrobe, double radiator. Un-Let room 5: (Vacant) has double glazed window to rear, single radiator, ceiling light point. Separate W C has a low level wc, wall mounted wash hand basin, ceiling light point.

Outside

To the rear there is a paved patio leading to a garden area with wall and fence surround. To the front there is a small paved frontage.

Buyers Premium

A Buyers Premium of £900.00 inc vat will be charged for this lot in addition to our usual Administration Fee.

Viewings

Viewings are not available for this property.

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Walsall Metropolitan Borough Council

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.