Sold prior to auction, for an undisclosed amount

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A 1 bedroom third floor flat, ideally situated in the town centre and let producing £5,400 pa

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Description/Location

The property is situated on the top floor of a landmark town centre building and is presented in good order, let on an AST producing £450 pcm.

Tenure

Leasehold: 135 years from 01/01/2000, ground rent peppercorn

Local Authority

Walsall Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Third Floor: Entrance hall, living room, kitchen, bedroom, bathroom. Energy Rating; C/72.

Rent

Current Rent: £5,400 pa

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.