*Guide | £100,000+ (plus fees)
- Semi-Detached House
- 3 Bedrooms
- Tenure: Leasehold. The property is held on a 99 year lease from 29th September 1956 (thus approximately 32 years unexpired)
Call the team on 020 7625 9007 for more information
A Three Bedroom Semi Detached House Subject to an Assured Shorthold Tenancy Producing £12,600 Per Annum
The property comprises a three bedroom semi detached house arranged over ground and first floors.
Tenure
Leasehold. The property is held on a 99 year lease from 29th September 1956 (thus approximately 32 years unexpired)
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Willenhall Memorial Park are within easy reach. Transport links are provided by Bloxwich rail station.
Accommodation
Ground Floor Reception Room Kitchen First Floor Three Bedrooms Bathroom WC
Exterior
The property benefits from a rear garden and off street parking.
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,050 per calendar month
The seller has begun the process to secure a vesting order and extend the lease. The rights of which will be assigned to the buyer. Please refer to the legal pack for more information.
Further Information
When purchasing a property that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
