Property Description
Data accuracy has been partially verified for this property. More info on modelled data points below.
Our analysis
Welcome to 127 Mount Road, Wolverhampton, a cozy and compact flat type home with 2 bed in the WV4 6LY area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band A.
This classic property was built
The local area is known for its high value-to-quality ratio -
with a market valuation of £63,700 and a rental potential of £414 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to Apr 16, 2019. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
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SUMMARY
For sale by Modern Method of Auction: Starting bid price
?50,000
This property is for sale by Connells Online Auction powered by IAM
Sold Ltd.
"ATTENTION INVESTOR & FIRST TIME BUYERS! AN AMAZING OPPORTUNITY TO
PURCHASE A TWO BEDROOM GROUND FLOOR FLAT!"
DESCRIPTION
For sale by Modern Method of Auction: Starting bid price
?50,000
This property is for sale by Connells Online Auction powered by IAM
Sold Ltd.
"ATTENTION INVESTOR & FIRST TIME BUYERS! AN AMAZING OPPORTUNITY TO
PURCHASE A TWO BEDROOM GROUND FLOOR FLAT!"
Comprising - communal entrance with communal storage & communal
area, entrance hall, lounge, fitted kitchen, two bedrooms, shower
room, communal gardens.
Main Description
Attention investor and first time buyers! An amazing opportunity to
purchase a two bedroom ground floor flat with no upward chain
offering huge potential and situated in a popular location having
easy access to Dudley and Wolverhampton City Centre. Viewing is
highly recommended to appreciate the accommodation on offer.
Internally the property benefits from communal entrance with
communal storage area, entrance hall, lounge, fitted kitchen, two
bedrooms and a shower room. Externally the property benefits from
communal gardens.
The Location & Area
This property is situated in the popular Lanesfield area of
Wolverhampton, close to commuting to Wolverhampton city centre &
Dudley town centre, close to bus routes, shops local amenities &
schools.
Communal Entrance
Communal door to front, communal storage cupboard, communal storage
area, door to entrance hall, stairs to various floors.
Entrance Hall
Door to front, intercom entry system, doors to various rooms.
Lounge 13' 9" into recess x 12' 9" into bay ( 4.19m
into recess x 3.89m into bay )
Double glazed bay window to front, double glazed window to side, TV
point, telephone point, door to entrance hall, door to kitchen.
Fitted Kitchen 11' 9" x 7' 5" ( 3.58m x 2.26m )
Double glazed window to rear, fitted kitchen with a selection off
wall and base units, roll top worksurfaces, tiling to splash back,
one bowl stainless steel sink and drainer, space for cooker, space
for fridge freezer, plumbing for washing machine, door into
lounge.
Bedroom One 12' x 11' 5" ( 3.66m x 3.48m )
Double glazed window to front, storage heater, door to entrance
hall.
Bedroom Two 8' 6" x 8' 7" ( 2.59m x 2.62m )
Double glazed window to rear, door to entrance hall.
Shower Room
Double glazed window to rear, walk in shower cubicle with shower
over and tiled walls, pedestal wash hand basin, low level wc, door
to entrance hall.
Outside
Communal gardens and grounds.
Auctioneer's Comments
This property is for sale by the Modern Method of Auction which is
not to be confused with traditional auction. The Modern Method of
Auction is a flexible buyer friendly method of purchase. We do not
require the purchaser to exchange contracts immediately, granting
56 days for completion with an aim to exchange contracts 28 days
from the date the buyer's solicitor is in receipt of the draft
contracts. Allowing the additional time to exchange on the property
means interested parties can proceed with traditional residential
finance. Upon close of a successful auction or if the vendor
accepts an offer during the auction, the buyer will be required to
put down a non-refundable Reservation Fee of 4.2% to a minimum of
?6000 including VAT which secures the transaction and takes the
property off the market. Fees paid to the Auctioneer may be
considered as part of the chargeable consideration for the property
and be included in the calculation for stamp duty liability.
Further clarification on this must be sought from your legal
representative. The buyer will be required to sign a 'Reservation
Form' to confirm acceptance of terms prior to solicitors being
instructed. Copies of the Reservation form and all terms and
conditions can be found in the Property Information Pack, which can
be downloaded for free from the auction section of our website or
requested from our Auction Department. Please note this property is
subject to an undisclosed reserve price which is generally no more
than 10% in excess of the Starting Bid, both the Starting Bid and
reserve price can be subject to change. Terms and conditions apply
to the Modern Method of Auction, which is operated by Connells
Property Auction powered by IAM Sold. Reservation Fee is in
addition to the final negotiated selling price.
TO VIEW OR MAKE A BID - Connells or visit:
www.connellsonlineauctions.co.uk
Lease details are currently being compiled. For further information
please contact the branch. Please note additional fees could be
incurred for items such as leasehold packs.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be
asked to produce identification documentation at a later stage and
we would ask for your co-operation in order that there will be no
delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or
contract.
3: The measurements indicated are supplied for guidance only and as
such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before
committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures,
fittings or services and it is the buyers interests to check the
working condition of any appliances.
6: Connells has not sought to verify the legal title of the
property and the buyers must obtain verification from their
solicitor.
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