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Red Lion Close

Tividale, Oldbury

1 Bedroom

1 Bathroom

Maisonette

Price: £85,000
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Price: £85,000
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Property Details

Key features

  • CASH BUYER ONLY-SHORT LEASE
  • ONE BEDROOM
  • GROUND FLOOR
  • VERY WELL PROPORTIONED PROPERTY
  • SHARED REAR GARDEN
  • GOOD LOCATION- GREAT INVESTMENT PROPERTY
  • POTENTIAL RENTAL OF £595PCM

Council Tax Band: A

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 49 years
  • Annual service charge: £1,100
  • Annual ground rent: £0
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
**PERFECT OPPORTUNITY TO ACQUIRE THIS ONE BEDROOM GROUND FLOOR FLAT- PERFECT FOR ANYONE LOOKING TO GROW THERE INVESTMENT PORTFOLIO**
Internally this property comprises of: one bedroom, open plan kitchen/lounge, bathroom.
Externally the property benefits from a shared garden to the rear of the property.

This is a great opportunity to buy a property that is in a great location for rentals and should be viewed to appreciate all accommodation on offer. Potential rent of £595pcm.

Entrance Porch
Having door to front and door leading too:

Lounge
17' 2" plus recess x 15' 11" ( 5.23m plus recess x 4.85m )
Entrance Hall door leading straight into the lounge. Having double glazed window to front.

Kitchen
16' 4" x 6' 10" ( 4.98m x 2.08m )
Having wall and base units, sink/drainer integrated into work surface, Electric oven and hob, space for fridge/freezer, ample work surface space with an open plan design into the lounge.

Bedroom One
12' 9" max x 11' 7" ( 3.89m max x 3.53m )
Having a rear double glazed window.

Bathroom
Having a fully fitted with bathroom with bath tub with shower over. Wash hand basin, low level WC and rear facing double glazed window.

Front Garden
Having small square lawn with pathway leading to the front door. Storage cupboard to house the bin to the front.

Shared Rear Garden


Agents Notes
The lease is 99 years from 1974- 50 years remaining.
This would need to be a CASH Purchase.
No ground rent to Pay.
Service Charge £1100per annum approx
**PERFECT OPPORTUNITY TO ACQUIRE THIS ONE BEDROOM GROUND FLOOR FLAT- PERFECT FOR ANYONE LOOKING TO GROW THERE INVESTMENT PORTFOLIO**
Internally this property comprises of: one bedroom, open plan kitchen/lounge, bathroom.
Externally the property benefits from a shared garden to the rear of the property.

This is a great opportunity to buy a property that is in a great location for rentals and should be viewed to appreciate all accommodation on offer. Potential rent of £595pcm.

Entrance Porch
Having door to front and door leading too:

Lounge
17' 2" plus recess x 15' 11" ( 5.23m plus recess x 4.85m )
Entrance Hall door leading straight into the lounge. Having double glazed window to front.

Kitchen
16' 4" x 6' 10" ( 4.98m x 2.08m )
Having wall and base units, sink/drainer integrated into work surface, Electric oven and hob, space for fridge/freezer, ample work surface space with an open plan design into the lounge.

Bedroom One
12' 9" max x 11' 7" ( 3.89m max x 3.53m )
Having a rear double glazed window.

Bathroom
Having a fully fitted with bathroom with bath tub with shower over. Wash hand basin, low level WC and rear facing double glazed window.

Front Garden
Having small square lawn with pathway leading to the front door. Storage cupboard to house the bin to the front.

Shared Rear Garden


Agents Notes
...

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.