



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
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1 - Living Room
4.58m x 3.32m - 15'0" x 10'11"
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2 - Bedroom
4.39m x 2.57m - 14'5" x 8'5"
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3 - Kitchen
3.06m x 2.67m - 10'0" x 8'9"
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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