3 bedroom Semi-detached house in Bilston
2 Eleanor Road, Bilston WV14 6BX
- Lot No: 161
- Property Type: Semi-detached house
- Contract Type: Unconditional with Variable Fee
Guide Price* £150,000 - £175,000 plus fees
Result Sold at Auction £175,000
Property Description
A freehold investment opportunity comprising three apartments with current combined income of £23,940 per annum. Interested parties are advised to inspect the legal pack for more information prior to placing their bid, as this will be binding. The property is located in Bilston which offers a fantastic selection of local shopping just a stones throw away. The M54 and M6 motorways can be accessed via the Black Country route which is also relatively close by. Within the area is a fantastic selection of local schools and bus routes linking to Bilston shopping areas.
Tenancy Details
The auctioneers understand that each apartment is holding over on a 6 month assured shorthold agreement. Apartment 2 produces £700 per calendar month, Apartment 2A produces £725 per calendar month and Apartment 2B produces £570 per calendar month. Total monthly income £1,995. Please see tenancy agreements in the legal pack. We have not been provided with evidence of rent increase and cannot therefore confirm the rental figure referred to in our marketing. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Services
Mains gas, electricity, water and drainage are believed to be connected. Prospective buyers are advised to make any necessary independent enquiries in this respect before placing their bid, as this will be binding.
Building Construction
Cavity wall - taken from EPC.
Broadband
Standard 16 mbps, Superfast 80 mbps and Ultrafast 1000 mbps are available in this location.
Mobile Signal
EE, O2, Vodaphone and Three are available in this location.
Satellite and Cable TV Availability
Sky, Virgin and BT are available in this location.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 23rd October 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454