1 bedroom Flat in Oldbury
10 St Michaels Mews, Tividale, Oldbury, West Midlands B69 2JL
- Lot No: 21
- Property Type: Flat
- Contract Type: Unconditional with Fixed Fee
Guide Price* £46,000+ plus fees
Result Sold at Auction £50,000
Property Description
The property benefits from uPVC double glazing, electric storage heaters and in brief comprises hallway, lounge, kitchen, bedroom and bathroom with three piece suite. Outside there are communal gardens and allocated parking space. Excellent Investment Potential. The property is ideal for the investor as with a potential rental return of £400-£425 per calendar month/ £4,800-£5,100 per annum providing a potential yield of 10.5% off the current guide price. In more detail it comprises -
Communal Hallway
Giving access to -
Entrance Hallway
Leading to -
Lounge 11'8" x 8'5"
Electric storage heater and uPVC double glazed window.
Kitchen 11'9" x 5'
Range of base units, single drainer sink unit and uPVC double glazed window to side.
Bedroom 9'10" x 8'6" into recess
Electric storage heater and uPVC double glazed window to side aspect.
Bathroom
Three piece suite comprising panelled bath, pedestal wash hand basin and low flush wc.
Outside
Communal gardens and allocated parking space.
NOTE:
We are informed by the seller that the lease is 999 years from 1st January 1993 and that there is no service charge. Please seek clarification from the legal pack.
Occupancy
Vacant.
Virtual Tour
https://viewer.evry360.com/flat-10-st-michaels-mews-tividale-oldbury-west-midlands-b69-2jl/vr.htm
Virtual Tour
https://www.youtube.com/watch?v=lqp15UjCieM&feature=youtu.be
Tenure
Leasehold
Auction Details
Date 29th April 2021
Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454