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12, Tudor Court, Tipton, DY4 8UU

A Leasehold Residential Investment Property Current Gross Income: £5,196 pa
Location: 12 Tudor Court, DY4 8UU
Property type: Flat, Residential
Tenure type: For Sale Leasehold
Tenancy type: Vacant
** UNSOLD – AVAILABLE AT £47,000**

A Leasehold Residential Investment Property Current Gross Income: £5,196 pa

Property Description
A two bedroom ground floor flat.

Ground Floor
Communal Entrance.
Flat 12:- Living Room, Kitchen, Two Bedrooms, Bathroom, Storage Cupboard.

The property benefits from double glazing.

Tenure
We understand the property is Leasehold (see legal pack for Lease details) and is being sold subject to existing tenancy.

Tenancy Details
The property is let on an Assured Shorthold Tenancy at £433 per calendar month - £5,196 per annum.

Auctioneers Note
1. The Auctioneers were unable to inspect the property internally and therefore the accommodation should not be relied upon.
2. At the time of going to print, the Auctioneers have not had sight of the tenancy agreement.

Viewings
External viewings only.

Tenure
Leasehold. Subject to tenancy.

Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.
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