£15,000
Studio flat for sale
West Midlands, B27
studio Flat Property description
Unit 130 Bridge House Hotel, Room producing £2,000 a year
The yearly income is £2000 net. The building is a hotel and there are no ASTs.
Tenure - Share of Freehold.
Good investment opportunity.
999 years from and including 1 June 2013 to and including 31 May 3012
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Click onto the property, follow the link to “Log in/register to bid” You will then be directed to create an auction passport account through our partners, the Essential Information Group.
FULL LEGAL PACK AVAILABLE ON BENJAMIN STEVENS AUCTIONS WEBSITE.
The yearly income is £2000 net. The building is a hotel and there are no ASTs.
Tenure - Share of Freehold.
Good investment opportunity.
999 years from and including 1 June 2013 to and including 31 May 3012
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Click onto the property, follow the link to “Log in/register to bid” You will then be directed to create an auction passport account through our partners, the Essential Information Group.
FULL LEGAL PACK AVAILABLE ON BENJAMIN STEVENS AUCTIONS WEBSITE.
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First listed
Over a month agoWest Midlands, B27
Marketed by
Benjamin Stevens Estate Agents - Edgware 194 Station Road Edgware HA8 7ATCall agent on 020 7768 3009
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
West Midlands, B27 - Streetview
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