Warren Close

Tipton

1 Bedroom

1 Bathroom

Maisonette

Guide price £35,000
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Guide price £35,000

Property Details

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • DOUBLE GLAZED & CENTRAL HEATED AS SPECIFIED
  • GROUND FLOOR MAISONETTE SOLD WITH TENANT IN SITU
  • POPULAR LOCATION CLOSE TO TRANSPORT LINKS TO INCLUDE TIPTON TRAIN STATION & UP COMING TRAM LINE
  • REAR GARDEN
  • WELL MAINTAINED THROUGHOUT

Council Tax Band: A

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 50 years
  • Annual service charge: Contact branch
  • Annual ground rent: £30
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

** GROUND FLOOR MAISONETTE SOLD AS INVESTMENT OPPORTUNITY SOLD WITH TENANT IN SITU ACHIEVING £595PCM ** Briefly comprising lounge, kitchen, shower room, bedroom & rear garden.

**- SOLD WITH TENANT IN SITU £595 PCM **

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.


Entrance
Double glazed door to the side, double glazed window to the front.

Lounge
21' 11" x 12' ( 6.68m x 3.66m )
Double glazed window to the front, central heating radiator.

Kitchen
15' 3" x 7' 2" ( 4.65m x 2.18m )
A fitted gloss kitchen to include wall and base units, stainless steel sink & drainer unit with mixer tap over, electric oven & electric hob with cooker hood over, plumbing for washing machine, space for domestic appliances, tiling to splashback, central heating boiler, central heating radiator, double glazed window to the rear.

Hallway
Two built-in storage cupboards.

Bedroom One
12' 10" x 8' ( 3.91m x 2.44m )
Double glazed window to the rear, central heating radiator.

Shower Room
Shower cubicle with electric shower, wash hand basin, low level w.c., tiling, heated chrome towel rail.

Outside
To the front of the property paved path approach to front door with lawned area. Rear garden having slabbed paved patio area, lawned area.

Lease Information
We have been advised the following Leasehold Tenure Information & Costs : -
99 Years Remaining from 25th December 1975,
Current Ground Rent Approximately £30.00 per annum
Current Annual Service Charge - N/A
Building Insurance £186.06 per annum.
Prospective Purchasers please note we have not had any of the Information or Charges verified by a Conveyancer / Solicitor and would advise all Prospective Purchasers to check and verify details and costs with their Conveyancer / Solicitor

** GROUND FLOOR MAISONETTE SOLD AS INVESTMENT OPPORTUNITY SOLD WITH TENANT IN SITU ACHIEVING £595PCM ** Briefly comprising lounge, kitchen, shower room, bedroom & rear garden.

**- SOLD WITH TENANT IN SITU £595 PCM **

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

BOOK A MORTGAGE APPOINTMENT

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.