* Leasehold
_Quote Reference for RA0772 . Click 'contact' to book a viewing_
_Property Description for Auction: _
Welcome to 14 Wrekin View, located on Waterloo Road in the heart of
Wolverhampton, WV1 4QQ. This auction presents a fantastic opportunity to
acquire a well - appointed 1 - bedroom apartment, which holds a prime city centre
location.
A one - bedroom second - floor apartment, this property is conveniently situated
within walking distance of Wolverhampton City Centre. It is considered an
ideal buy - to - let opportunity, offering potential investors a promising return,
or alternatively providing an ideal base for easy access to Wolverhampton City
Centre or Wolverhampton University.
_Tenure_ Leasehold with vacant possession upon completion.
_Accommodation: _
_Ground Floor: _ Communal Entrance with Stairs to Second Floor.
_Second Floor: _ Apartment 14
_Entrance Hall_
_Lounge/Kitchen Complete with Fitted Units, Split Level Cooker, Washing
Machine, and Refrigerator_
_Double Bedroom with Built - in Wardrobe_
_Bathroom and WC_
_Outside: Communal Grounds and Allocated Parking. _
The apartment is all - electric and benefits from UPVC double glazing.
Upon entering, you'll find a bright and airy space, comprising a generously
sized bedroom, complete with a well - appointed bathroom featuring both a bath
and shower, basin, and WC. The apartment offers a cosy yet functional open
plan kitchen and living area, ideal for contemporary urban living.
Would benefit from a full refurbishment to achieve maximum rental value.
Situated in an up - and - coming block, this property promises an excellent
investment opportunity. With low service charges and ground rent, it offers a
hassle - free ownership experience. Additionally, the apartment includes a
coveted allocated car parking space within a secure gated car park, providing
convenience and peace of mind for residents.
For investors, the potential rental yield is noteworthy. Based on a
conservative rental estimate of £550 - £600 per calendar month, this property
offers a lucrative income stream.
Given its guide price of £35, 000, this auction presents an attractive
proposition for cash buyers. It's important to note that due to the length of
the lease, cash buyers are required
Don't miss out on the chance to secure this promising investment in the
thriving city of Wolverhampton. Contact us today to arrange a viewing or for
further information.
Please note: Details regarding the length of the lease will be provided upon
request.
• For Sale by Modern Auction – T & c’s apply
• Subject to Reserve Price
• Buyers fees apply
• The Modern Method of Auction
_Auctioneer Comments_
This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties’
personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with
your lender before bidding. A Buyer Information Pack is provided, which you
must view before bidding. The buyer will pay £300 inc VAT for this pack
The buyer signs a Reservation Agreement and makes payment of a Non - Refundable
Reservation Fee of 4. 5% of the purchase price inc VAT, subject to a minimum of
£6, 600 inc VAT. This Fee is paid to reserve the property to the buyer during
the Reservation Period and is paid in addition to the purchase price. The Fee
is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive
payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services
are optional.

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