Block of Apartments in Walsall

The Timber Works, 292 Pleck Road, Walsall, WS2 9EU
  • Lot No: 13
  • Property Type: Block of Apartments
  • Contract Type: Unconditional

Guide Price* £660,000+ plus fees

Property Description

DRAFT DETAILS - AWAITING VENDOR APPROVAL. The property comprises of a modern three storey detached building of brick construction and part wood cladding. Internally the apartments are split into two sections both with separate secure glass fronted entrances accessed via key code leading to communal areas containing post boxes and stairs leading to first and second floor apartments. The communal entrances upon inspection appeared clean and tidy with carpeted floors along with fire escape signs and lighting. To the rear of the property is a gravel car park with space for at least one car per apartment along with visitors. The car park is accessed via a secure gate from Ida Road with rear access to the apartments.

Tenancy Details

We have been verbally advised of the following tenancies. We would recommend interested parties inspect the legal pack for more information. Flat 1 (2 bedroom) currently let on an AST tenancy achieving £550 pcm. Flat 2 (2 bedroom) currently let on an AST tenancy achieving £500 pcm. Flat 3 (2 bedroom) currently let on an AST tenancy achieving £500 pcm. Flat 4 (3 bedroom) currently let on an AST tenancy achieving £550 pcm. Flat 5 (3 bedroom) currently let on an AST tenancy achieving £600 pcm. Flat 6 (3 bedroom) currently let on an AST tenancy achieving £565 pcm. Flat 7 (3 bedroom) currently let on an AST tenancy achieving £550 pcm. Flat 8 (3 bedroom) currently let on an AST tenancy achieving £550 pcm. Flat 9 (3 bedroom) currently let on an AST tenancy achieving £525 pcm,


Location

The building is located along Pleck Road in Walsall close to the junction with Ida Road. The area comprises a mixture of residential and commercial buildings with the large Walsall Manor Hospital entrance less than 100m away. The area is very well connected via bus, rail and motorway links. Walsall town centre and train station are within a mile and Birmingham city centre less than 20 minutes away.


VAT

We understand that VAT will not be chargeable on this transaction.


Tenure

See Legal Pack


Conditions of Sale The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.   The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.   A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.   *Guide Prices and Reserve Prices Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.   Energy Performance Certificates EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.   Note Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.   Auction Fees The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.   The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.