For Sale By Auction | 12:00, 23 February 2016 | Lot 69

16A Leys Road, Brierley Hill, West Midlands, DY5 3UP

*Guide | £25,000+ (plus fees)

  • Studio
  • Tenure: Long Leasehold. The property will be held on a new 950 year lease.

Call the team on 020 7625 9007 for more information

Auction Date

Tue 23/02/2016

Auction Time

12:00

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

A Single Storey Studio Building Subject to an Assured Shorthold Tenancy Producing £3,900 per annum.

The property comprises a single storey building internally arranged to provide a residential studio flat. Formerly a caretaker's accommodation. Exterior The property benefits from a private courtyard and off street parking.

Tenure

Long Leasehold. The property will be held on a new 950 year lease.

Location

The property is situated in Brierley Hill which is a small town approximately 5 miles west of Birmingham city centre. Transport links are provided by Lye rail station and the M5 motorway is easily accessible.

Accommodation

Ground Floor Reception Room Kitchen Bathroom

Tenancy

The property is subject to an Assured Shorthold Tenancy agreement from 1st November 2015 for a term of 6 months at a rent of £325 per calendar month.

Current Rent Reserved £3,900 per annum

Viewing Details

Please refer to us directly on: 0207 625 9007

Leasehold

False

Freehold

False

Part Vacant

False

Vacant

False

Let

False

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 £1,500 inc VAT

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