* Leasehold
* FIrst Floor Apartment
* Tenanted or Vacant Possession
* Large Living Room
* Ground Rent £250 pa Service Charge £1, 204 pa
* 2% Buyers Fee
* Communal Gardens
* Council Tax Band A
* Balcony
* Garage Included
* 79 Year Leasehold
Investment | First Time Buyers | No Chain | Low Maintenance | 79 Years
Leasehold Remaining | EPC Rating D | Balcony | Garage Included | 8. 9 % Yield
**Property Overview**
Fantastic opportunity to purchase a 2 Bedroom apartnment with a sitting tenant
generating a monthly income of £595. With 79 years remaining on the lease this
is a smart investment choice. Can also be purchased with vacant possession
upon completion
The Lindens is a large cul de sac located in the highly desirable
neighbourhood of Newbridge, Wolverhampton, The apartments are surrounded by
well kept communal gardens and ample street parking. Within walking distance
of the Tettenhall Road which is the main road leading into the city centre,
whether that is by car or public transport.
The apartment is accessed from the first floor and comprimises of an entrance
hall leading to a large living room and master bedroom on the left, with
bedroom 2, bathroom and kitchen to the right. There is also a garage included
which is located in a seperate block.
All certificates are up to date, and tenant is currently on a periodic
shorthold tenancy agreement
** _EPC_ \ - D**
Council Tax Band A
**Living Room**
Spacious Living Room with two double glazed windows, door to balcony, electric
heater and grey vinyl flooring.
**Kitchen**
Large double window, electric cooker and extractor fan, stainless steel sink
**Bedroom 1**
With electric heater, window and grey vinyl flooring
**Bedroom 2**
With electric heater, window and grey vinyl flooring
**Bathroom**
Wood effect vinyl flooring, WC, sink and bath with shower
**Rental And Charges**
Ground Rent £250 pa,
Service Charge £1072 pa
Lease 79 years
**EPC D
**
£595 Monthly Rental income
**Buyers Fee And Reservation**
Genie Homes pride ourselves on our simple and secure buying process.
This sale is subject to a 2% plus VAT Buyers Fee and this is based on the
agreed sale price.
Please contact us to arrange a viewing. We will ask you to provide proof of
funds and photographic identification prior to attending, to make sure we
cause minimal disruption to any tenants that may reside at the property.
Once you have viewed the property, we will ask you for feedback.
If you make an offer and it is accepted, the full 2% plus VAT is then
applicable in order to take the property off the market.
Please note: Should the property purchase not complete, the reservation fee
will be refundable in only these circumstances;
1\. The vendor has withdrawn from the sale
2\. The vendor has not disclosed details regarding the property that affects
mortgage -
ability. (For example, unforeseen significant structural movement as indicated
by a structural survey. )
The benefits of a buyers fee to the buyer are:
\ - Properties are advertised at a reasonable purchase price in order to
encourage a quick sale.
\ - This approach allows you to secure the property and start the conveyancing
process
quickly.
\ - Reservation of the property removes the element of competitive bidding and
also the possibility of being gazumped.
\ - The risk of the sale falling through is minimized on both sides, buyers are
committed financially and vendors know that buyers are serious.
All these elements provide peace of mind from the outset, along with our
personal and proactive approach.
We look forward to hearing from you soon.
**Disclaimer**
These particulars, whilst believed to be accurate are set out as a general
guideline and do not constitute any part of an offer or contract. Intending
Purchasers should not rely on them as statements of representation of fact,
but must satisfy themselves by inspection or otherwise as to their accuracy.
Please note that we have not tested any apparatus, equipment, fixtures,
fittings or services including gas central heating and so cannot verify they
are in working order or fit for their purpose. Furthermore, Solicitors should
confirm moveable items described in the sales particulars and, in fact,
included in the sale since circumstances do change during the marketing or
negotiations. Although we try to ensure accuracy, if measurements are used in
this listing, they may be approximate. Therefore if intending Purchasers need
accurate measurements to order carpeting or to ensure existing furniture will
fit, they should take such measurements themselves. Photographs are reproduced
general information and it must not be inferred that any item is included for
sale with the property.
**Tenure**
Leasehold
**Possession**
Tenant Occupied
**Viewing**
Strictly by appointment through Genie Homes

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