Best National Sales & Letting Agents
Three Years In a Row
Triple Winners
Property Image
1/7
Sold STC
View Floorplan 1
View Floorplan 2
Video

Sold STC

£60,000 Guide Price

1 Bedroom Maisonette Sold STC

74 Yardley Close, Oldbury

Map

Key Features

  • INVESTOR OPPORTUNITY
  • TENANT IN SITU
  • GREAT OPPORTUNITY FOR FIRST TIME BUYERS
  • VERY LOW GROUND RENT AND SERVICE CHARGE
  • OVER 10% NET YIELD

Description

Here we have a delightful 1 bedroom ground floor maisonette. Within a good area, this property is a great addition to a growing landlord portfolio. This property has a tenant in situ so perfect to start earning a income straight away, minimum gross yield of 8.63%. This property has over 100 years left on the lease and comes with low service and ground rent charges which is perfect to increase your lettings portfolio.

FOR SALE VIA AUCTION 

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.


Rooms

This home includes:
  • 1 - Living Room

    4.58m x 3.32m - 15'0" x 10'11"

  • 2 - Bedroom

    4.39m x 2.57m - 14'5" x 8'5"

  • 3 - Kitchen

    3.06m x 2.67m - 10'0" x 8'9"

  • 4 - Bathroom

    2.17m x 2.07m - 7'1" x 6'9"

Please note, all dimensions are approximate / maximums and should not be relied upon for the purposes of floor coverings.

Summary

Additional Information:

  • Council Tax: Band A
  • Ground Rent: £10.00 Every 12 Months
  • Service Charge: £26.40 Per Month

Mortgage Calculators