Guide price
£70,000
1 bed flat for saleSt. James's Road, Dudley DY1
1 bed
1 bath
1 reception
EPC Rating: E
Just added
Auction
About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply
Investment Opportunity
Tenanted 625 pcm
Secured Location
Fitted Kitchen
Fitted Bathroom
Summary
One-Bedroom Flat with Secure Gated Parking - Tenanted Investment Opportunity
Situated within a charming, characterful building, this well-presented one-bedroom flat offers both style and practicality in a sought-after location. The property combines period features with modern comforts, creating an appealing home for tenants and an attractive opportunity for investors.
The flat comprises a bright living area, a fitted kitchen, a spacious double bedroom, and a contemporary bathroom. Secure gated parking is included, providing peace of mind for residents.
Being sold with a tenant in situ, the property currently achieves an income of 650 per calendar month, offering immediate rental yield from day one.
Council Tax Band: B
Tenure: Leasehold (105 years)
Ground Rent: 150 per year
Service Charge: 1,756 per year
Entrance Porch
Electric radiator, doors to bedroom, bathroom and kitchen.
Living room
6.43m x 2.36m
Rear facing double glazed window, double glazed doors to rear entrance, two electric radiators.
Kitchen
3.18m x 3.13m
Range of wall and base units, oven, hob and extractor hood, sink and drainer with mixer tap, front facing double glazed window, tiles to splash, work surfaces.
Bedroom 1
4.76m x 3.46m
Rear facing double glazed window, electric radiator.
Bathroom
Panel enclosed double ended bath with mixer tap and shower set, wall mounted sink with mixer tap, low flush WC, side facing double glazed window.
Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 105
Annual Ground Rent Amount: 150.00
Ground Rent Review Period: Per annum
Annual Service Charge Amount: 1,756.00
Service Charge Review Period: Per annum
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
One-Bedroom Flat with Secure Gated Parking - Tenanted Investment Opportunity
Situated within a charming, characterful building, this well-presented one-bedroom flat offers both style and practicality in a sought-after location. The property combines period features with modern comforts, creating an appealing home for tenants and an attractive opportunity for investors.
The flat comprises a bright living area, a fitted kitchen, a spacious double bedroom, and a contemporary bathroom. Secure gated parking is included, providing peace of mind for residents.
Being sold with a tenant in situ, the property currently achieves an income of 650 per calendar month, offering immediate rental yield from day one.
Council Tax Band: B
Tenure: Leasehold (105 years)
Ground Rent: 150 per year
Service Charge: 1,756 per year
Entrance Porch
Electric radiator, doors to bedroom, bathroom and kitchen.
Living room
6.43m x 2.36m
Rear facing double glazed window, double glazed doors to rear entrance, two electric radiators.
Kitchen
3.18m x 3.13m
Range of wall and base units, oven, hob and extractor hood, sink and drainer with mixer tap, front facing double glazed window, tiles to splash, work surfaces.
Bedroom 1
4.76m x 3.46m
Rear facing double glazed window, electric radiator.
Bathroom
Panel enclosed double ended bath with mixer tap and shower set, wall mounted sink with mixer tap, low flush WC, side facing double glazed window.
Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 105
Annual Ground Rent Amount: 150.00
Ground Rent Review Period: Per annum
Annual Service Charge Amount: 1,756.00
Service Charge Review Period: Per annum
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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