Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1

Agent: DB Roberts & Partners - Telford Phone: 01952 476763

For Sale by Modern Method of Auction. Starting Bid of £60,000 plus Reservation Fee.<br/><br/>Attention Investors! We are delighted to introduce this one double bedroom, first-floor flat, ideally situated within close proximity to local amenities and transport links. The property is being sold with a tenant in situ, currently achieving a rental income of £550pcm.<br/><br/>The accommodation briefly comprises a private hallway leading to a fitted kitchen with a variety of wall and base units, alongside a spacious open-plan lounge and dining room. The layout is completed by a well-proportioned double bedroom and a family bathroom. Externally, the property benefits from communal parking and is being offered with No Upward Chain.<br/><br/>Don't miss out on this fantastic investment opportunity, call us today to secure your viewing.<br/><br/>This property is for sale by The West Midlands Property Auction, powered by iam-sold Ltd.<br/><br/> Agents notes-<br/>The property is currently tenanted. Interested parties should take appropriate legal advice prior to committing to purchase<br/><br/>Lease info<br/>Lease start date 12.9.2011<br/>Lease term 99 years from 12.9.11<br/>Ground Rent - £10 per annum<br/>Service Charge - £1400 per annum<br/><br/>All services are mains connected<br/>Communal parking<br/>Mobile coverage from all four major networks available*<br/>Ultrafast Broadband available*<br/><br/> *Results provided by Ofcom and correct at time of listing<br/><br/>This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).<br/><br/>If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.<br/><br/>The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.<br/><br/>Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.<br/><br/>