Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · DY5 1LZ
For saleReduced £5k (−12.5%) on 29 SepListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Being Sold Via Secure Sale Online Bidding. Terms & Conditions Apply.
Starting Bid £40,000 🏡 G&T Properties Are Proud To Offer This Fantastic auction Opportunity, A Well-Presented 1 Bed Apartment Situated Within A Highly Desirable Residential Building And Being Sold With A Tenant In Situ.
Offered With no chain, This Property Presents An Excellent Investment Opportunity With Existing Rental Income, Allocated Parking And A Convenient Location Close To Local Shops, Amenities And Excellent Transport Links.
This Property Briefly Compromises Of: 🚪 Welcoming Entrance Providing Access To The Main Accommodation, 🛋️ Open-Plan Kitchen/Lounge Creating A Bright And Sociable Living Space, Perfect For Relaxing And Entertaining.
The Kitchen Offers A Practical Layout For Everyday Cooking, While The Open-Plan Design Provides A Modern Feel Throughout, 🛏️ Large Double Bedroom Offering Excellent Space For A Range Of Bedroom Furniture And Providing A Comfortable Private Retreat, 🚿 Modern Family Bathroom Featuring A Stylish White Suite And Contemporary Fixtures And Fittings, 🚗 Allocated Parking Space Providing Convenient And Secure Off-Road Parking.
🌟 Additional Features 🔨 auction property, 🔑 sold with tenant in situ, 🔄 no chain, 💷 Excellent Investment Opportunity, 🏢 Highly Desirable Residential Building, 🚗 Allocated Parking, 🛍️ Close To Local Shops, Amenities And Excellent Transport Links.
🖋️ Immediate 'exchange of contracts' available 🔒 Being sold via 'Secure Sale' This Fantastic Apartment Offers An Excellent Opportunity For Investors Looking To Expand Their Portfolio With A Property Already Benefitting From A Tenant In Situ.
Located Within A Highly Desirable Residential Development And Offering Low-Maintenance Living, Allocated Parking And Convenient Access To Local Amenities, This Property Is Not To Be Missed.
Early Viewings Are Highly Recommended. Call G&T Properties Today On For Further Information And To Arrange Your Viewing! *** do you have A property to sell?
*** Call Today On For Your free Valuation! We Will Sell Your Home For A fixed fee Of Only £999! Why Pay More For The Same Buyer?
1- Money Laundering Regulations - Intending Purchasers Will Be Asked To Produce Identification And Financial Documentation At Any Offer Acceptance Stage And Prior To The Property Being Marked sstc.
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.
Potential Buyers Are Advised To Recheck The Measurements Before Committing To Any Expense.
4- G&T Properties Has Not Tested Any Apparatus, Equipment, Fixtures, Fittings Or Services And It Is The Buyers Interests To Check The Working Condition Of Any Appliances.
5- G&T Properties Has Not Sought To Verify The Legal Title Of The Property And The Buyers Must Obtain Verification From Their Solicitor.
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
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.
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 of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee up to 7.2% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Council Tax Band: B Tenure: Leasehold (115 years) Ground Rent: £2,600 per year Service Charge: £360 per year
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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Area
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FAQ
About Apartment 305, Landmark, Brierley Hill
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