2 bedroom flat for sale

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £45,000.
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.

Immediate Exchange of contracts available
Being sold via Secure Sale

Second floor flat with entrance hall, two bedrooms, living room, kitchen and bathroom

Externally there is an allocated parking space, visitor parking spaces and communal gardens

Auctioneers Additional Comments
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.
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 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 is A (Dudley), EPC grade is E, awaiting tenure.

DIMENSIONS Living Room 14'10 max x 12/4 max | Kitchen 8'1 x 7'5 | Bedroom One 9'3 x 8'8 | Bedroom Two 7'7 x 7'4

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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.