The Minories
Dudley
Guide price £75,000
£75,000
Tenure: Leasehold
Ref: DLY104976
- Sale by modern auction (t apply)
- Subject to an undisclosed reserve price
- Buyers fees apply
- Fourth floor apartment
- Recently refurbished
- Open plan kitchen / lounge
- Two double bedrooms
- Allocated parking read more show less
monthly mortgage estimate
A fabulous opportunity for investors!
This two double bedroom apartment located in Dudley Town Centre is not one to missed! Having local transport links including the Metro Line, amenities, schools and a short commute to Duncan Edwards Leisure Centre,
This two double bedroom apartment located in Dudley Town Centre is not one to missed! Having local transport links including the Metro Line, amenities, schools and a short commute to Duncan Edwards Leisure Centre,
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- Years remaining: 243 years
- Current ground rent: £250
- Ground rent review period: Contact branch
- Annual service charge: £2,026
- Ground rent increase: Contact branch
Council Tax Band: A
Tenure: Leasehold
floor plans
in detail
A fabulous opportunity for investors!
This two double bedroom apartment located in Dudley Town Centre is not one to missed! Having local transport links including the Metro Line which upon completion will provide access dircetly into Birmingham City Cente, amenities, schools and a short commute to Duncan Edwards Leisure Centre,
Internally the property compromises of: entrance hall, open plan kitchen/lounge with integrated appliances, two double bedrooms and a family bathroom.
Externally the property has an allocated parking space,
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Double glazed window to front, wall and base level units, sink with mixer tap, built in oven, hob, fan, washing machine, fridge and freezer and electric radiator.
Double glazed window to front and electric radiator.
Double glazed window to front and electric radiator.
Having bath with shower over, wash hand basin, WC and heated towel rail.
The vendor has informed us that the Ground Rent is currently £250 per annum and the Service Charge is £2,026 per annum.
The lease has approximately 243 years left to run.
This two double bedroom apartment located in Dudley Town Centre is not one to missed! Having local transport links including the Metro Line which upon completion will provide access dircetly into Birmingham City Cente, amenities, schools and a short commute to Duncan Edwards Leisure Centre,
Internally the property compromises of: entrance hall, open plan kitchen/lounge with integrated appliances, two double bedrooms and a family bathroom.
Externally the property has an allocated parking space,
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall
Having intercom and storage cupboard housing tank.Lounge/ Kitchen
19' 8" x 14' 6" ( 5.99m x 4.42m )Double glazed window to front, wall and base level units, sink with mixer tap, built in oven, hob, fan, washing machine, fridge and freezer and electric radiator.
Bedroom One
11' 8" x 10' 2" ( 3.56m x 3.10m )Double glazed window to front and electric radiator.
Bedroom Two
11' 8" x 10' 1" ( 3.56m x 3.07m )Double glazed window to front and electric radiator.
Bathroom
10' 4" x 7' 6" ( 3.15m x 2.29m )Having bath with shower over, wash hand basin, WC and heated towel rail.
Agents Notes
Council Tax Band: AThe vendor has informed us that the Ground Rent is currently £250 per annum and the Service Charge is £2,026 per annum.
The lease has approximately 243 years left to run.
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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.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
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 REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.