1 bedroom maisonette for sale
Key information
Property description & features
- Tenure: Leasehold (111 years remaining)
- Investor opportunity
- Tenant in situ
- Great opportunity for first time buyers
- Very low ground rent and service charge
- Minimum gross yield of 8.63%
Here we have a delightful 1 bedroom ground floor maisonette. Within a good area, this property is a great addition to a growing landlord portfolio. This property has a tenant in situ so perfect to start earning a income straight away, minimum gross yield of 8.63%. This property has over 100 years left on the lease and comes with low service and ground rent charges which is perfect to increase your lettings portfolio.
FOR SALE VIA AUCTION
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Rooms
Living Room
4.58m x 3.32m - 15'0" x 10'11"<br />
Bedroom
4.39m x 2.57m - 14'5" x 8'5"<br />
Kitchen
3.06m x 2.67m - 10'0" x 8'9"<br />
Bathroom
2.17m x 2.07m - 7'1" x 6'9"<br />
Places of interest
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*DISCLAIMER
Property reference 10604112. 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 EweMove Sales & Lettings - Blackheath & Oldbury.
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Broadband availability and predicted speed: obtained from Ofcom on February 9, 2023
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 9, 2023
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 June 11, 2014 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.
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