Auction House London

Lot 88

Flat - Flats / Apartments 

21A Toys Lane

Halesowen, West Midlands, B63 2JX

Sold for £53,500

A Vacant First Floor One Bedroom Flat

By Order of the Executors

Description

The property comprises a first floor one bedroom flat situated within an end of terrace building arranged over ground and first floors. The property requires a full program of refurbishment.

Tenure

Leasehold. The property is held on a 99 year lease from 24th June 1975 (thus approximately 57 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Homer Hill Park are within easy reach. Transport links are provided by Lye rail station and the M5 motorway (J3) is easily accessible.

Accommodation (2nd Column)

First Floor
Reception Room
Bedroom
Kitchen
Bathroom with WC & wash basin

Note (2nd Column)

The LHA rates for a 1 bedroom property in this postcode is £86.30 per week. Thus potential income of £4,487.60 per annum (source: https://lha-direct.voa.gov.uk)

Viewing Details

Open House Viewings:
Tuesday 28th March 11:00-11:30
Friday 31st March 16:15-16:45
Tuesday 4th April 14:00-14:30
Wednesday 12th April 11:00-11:30

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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