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Creed Way

WEST BROMWICH

2 Bedrooms

1 Bathroom

Flat

Price: £120,000
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Price: £120,000
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Property Details

Key features

  • TWO BEDROOM APARTMENT
  • TOP FLOOR
  • ALLOCATED PARKING
  • LONG LEASE
  • A DEED OF VARIATION HAS BEEN EXECUTED ALREADY TO CORRECT THE GROUND RENT INCREASE FREQUENCY .THIS IS NOW FIXED AT £125 PER ANNUM

Council Tax Band: A

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 132 years
  • Annual service charge: £900
  • Annual ground rent: £125
  • Annual ground rent review period: 20 years
  • Ground rent increase: Contact branch

Being an ideal first time purchase or investment opportunity this top floor apartment is positioned on a development located just off the High Street putting this well maintained home in a prime location. Offering a lease 130 years and allocated parking this won't be on the market long

Set within a peaceful residential area within the town centre the locality behind this property is what really makes is something special. Being well maintained, the property has served very well as an investment opportunity for the current owner and has the potential to achieve £750 pcm in rental income. The two bedroom upper floor apartment comes with one allocated parking space and briefly comprises of an entrance hallway with intercom system, lounge/diner, separate fitted kitchen with some integral appliances, two double bedrooms, family bathroom, central heating and a longer than average lease.
Agents Note - This property has an offer accepted subject to contract but is still currently available to view

Entrance Hall
Main front door into the property from communal hallway, storage cupboard housing consumer units and radiator.

Lounge
17' 6" x 8' 9" ( 5.33m x 2.67m )
Lounge opens up to the kitchen and has double aspect window to the front and side, TV and telephone point, door to hallway and two radiators,

Kitchen
7' 9" x 7' ( 2.36m x 2.13m )
Fitted kitchen with a range of wall and base units with work surfaces over, mosaic splashback tiling, 1.5 stainless steel sink and drainer with mixer taps, space and plumbing for washing machine, four burner gas hob and electric oven under neath and window to the front.

Bedroom One
13' 7" x 8' 2" ( 4.14m x 2.49m )
Window to the front and radiator.

Bedroom Two
13' 8" max x 5' 10" max ( 4.17m max x 1.78m max )
Window to the front, radiator and door to hallway.

Bathroom
Fitted panel bath and shower over shower curtain rail, ceramic pedestal wash hand basin with chrome hot and cold taps, low level WC and radiator,

Agents Note
A DEED OF VARIATION HAS BEEN EXECUTED ALREADY TO CORRECT THE GROUND RENT INCREASE FREQUENCY .THIS IS NOW FIXED AT £125 PER ANNUM

Being an ideal first time purchase or investment opportunity this top floor apartment is positioned on a development located just off the High Street putting this well maintained home in a prime location. Offering a lease 130 years and allocated parking this won't be on the market long

Set within a peaceful residential area within the town centre the locality behind this property is what really makes is something special. Being well maintained, the property has served very well as an investment opportunity for the current owner and has the potential to achieve £750 pcm in rental income. The two bedroom upper floor apartment comes with one allocated parking space and briefly comprises of an entrance hallway with intercom system, lounge/diner, separate fitted kitchen with some integral appliances, two double bedrooms, family bathroom, central heating and a longer than average lease.
Agents Note - This property has an offer accepted subject to contract but is still currently available to view

Entrance Hall
Main front door into the property from communal hallway, storage cupboard housing consumer units and radiator.

Lounge
17' 6" x 8' 9" ( 5.33m x 2.67m )
Lounge opens up to the kitchen and has double aspect window to the front and side, TV and telephone point, door to hallway and two radiators,

Kitchen
7' 9" x 7' ( 2.36m x 2.13m )
Fitted kitchen with a range of wall and base units with work surfaces over, mosaic splashback...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(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.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.