Flat for sale in Vine Close, Fordhouses, Wolverhampton, West Midlands WV10

For Sale by modern method of auction, Starting Bid £90,000 plus Reservation Fee.

Modern ground floor apartment set behind secure gated entry, conveniently placed to wolverhampton city centre, M54 motorway and road network links in and out of the city to surrounding areas!

Perfect for young professionals who are looking for their first home, for a buyer who struggles with stairs or perhaps even ideal for the discerning investor!

Located on the fringe of the City of Wolverhampton on the Staffordshire border, having easy access to Codsall train station, major commuter links - including the M54 & M6 Motorways, as well as the city centre and only a short walk away from Collins Aerospace, Jaguar Manufacturing Plant and 'i54' Business Park, the apartment has a spacious feel throughout and is being sold with no upward chain.

A superb and surprisingly spacious two bedroom ground floor contemporary style apartment offering generous living accommodation throughout.

The property stands back upon a service road and is approached from The Holmes, with a rear aspect entrance to the secure electric gated parking for residents.

The accommodation itself comprises of; intercom controlled communal hallway, the main apartment entrance hallway, spacious living/dining room with open plan approach into a fitted kitchen, two well-proportioned bedrooms, master bedroom with en suite shower room and a good selection of fitted wardrobes, further bathroom, double glazing, storage heating and securely gated allocated parking.

This property is for sale by The West Midlands Property Auction, powered by iam-sold Ltd.

Agent Notes:
Service Charge - £2,000 per annum
Ground Rent - £150.00 per annum

Lease Start Date - 13/10/2005
Lease End Date - 01/04/2129
Lease Term - 125 Years From 1 April 2004
Lease Term Remaining - 106 years

Mobile coverage from all four major networks.
Ultrafast Full Fibre Broadband
Electricity, Water & Drainage are connected. Heating is understood to be via Electric.
Resident parking

*Results provided by Ofcom and correct at time of listing*

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.

This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will make payment of £445.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.<br /><br />