This property is no longer on the market
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1 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold (998 years remaining)
- Perfect Buy to Let Investment!
- Potential 7% yield
- 1 Bedroom
- Top Floor
- Many original features
- Sought after location
- Allocated parking to the rear
Located in an impressive red brick period building, featuring high ceilings and large windows, natural light floods the living room and bedroom, offering expansive views over the rooftops of Walsall.
The apartment includes a spacious double bedroom, a well-proportioned bathroom and kitchen and whilst both could benefit from modernization, recent redecoration has been completed in the rest of the property, including new flooring in the lounge, hallway, and bedroom.
Located in one of Walsall's most desirable areas and with allocated parking, this property is a true gem. Early viewing is highly recommended and can be arranged by appointment only. Please contact Rentlife's Aldridge office at[use Contact Agent Button] to schedule your viewing.
A reservation fee, refundable on exchange, will be payable by the Buyer to Barrows & Forrester Property Group Ltd prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract.
This fee will be reimbursed upon Exchange of contracts.
In the instance the Seller withdraws from the sale the fee will be returned to the Buyer.
The fee will be retained by Barrows & Forrester Property Group Ltd to cover costs in the event the Buyer withdraws from the purchase or doesn't Exchange within 6 months of the fee being received other than as a result of:
1. Any structural or material issues arising from any survey that has not previously been disclosed. 2. A defect in the seller’s legal title.
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown.
4. The buyers chain falling through no fault of the buyer.
5. The vendor not securing a property in the allotted timeframe.
6. The vendor withdrawing the property from the market.
The reservation fee levels are as follows:-
-An agreed offer under £300,000 will be £750 inclusive of VAT.
-An agreed offer between £300,001 and £500,000 will be £1,000 inclusive of VAT.
-All agreed offers over £500,001 and £1,000,000 will be £1,500 inclusive of VAT.
-All agreed offers over £1,000,001 will be £2,500 inclusive of VAT.
The reservation fee is payable upon acceptance of an offer which itself is subject to an assessment of ability to proceed.
Any renegotiation of an accepted price after the issue of the Sales Memorandum for any reason not covered in points 1 to 6 above will lead to the reservation fee being retained.
A further fee will be payable on any subsequent reduced offer accepted by the vendor.
This will be returnable subject to the conditions that prevail for all reservation fees.
Places of interest
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*DISCLAIMER
Property reference ALD230018. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Barrows & Forrester Property Group - Birmingham.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 12, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.