Property description
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £70,000
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
*LANDLORDS ONLY - TENANTS IN SITU*
A contemporary and spacious two bedroomed second floor apartment conveniently located in the heart of Stourbridge town centre within only a few minutes walk of bus and train facilities and all amenities. Benefitting from electric central heating, double glazing, lift, security entry system and allocated parking.
Accommodation comprises: generous reception hall with cloaks and airing cupboard, large living area, a well equipped and facilitated kitchen area with a host of integrated appliances. Principal double bedroom with shower room ensuite, second double bedroom and bathroom with full suite and over bath shower.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below 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
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 of the property. The deposit will be a contribution to the purchase price. A non- refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 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 is C (Dudley), EPC grade is C, tenure is leasehold.
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Compliance Regulations - By law, anti-money laundering checks are required on all potential buyers. The Auctioneer is responsible for carrying out these checks. Please contact the Auctioneer if you have any questions in relation to this.
Referral Fees - Ian Perks Estate Agent confirm that, if we are sourcing quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process, you should be aware that we could receive a maximum referral fee of approximately £180 inc VAT should you decide to proceed with the engagement of the solicitor in question. We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business. The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted. We can also confirm that, if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements, you should be aware that we receive a referral fee from Infinity for recommending their services. The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee. On average the referral fees that we have received recently are £222 per case.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Ian Perks Estate Agents - Stourbridge. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ian Perks Estate Agents - Stourbridge for full details and further information.