An excellent opportunity for investors seeking a ready-to-go rental property or an ideal addition to a buy-to-let portfolio. Properties of this nature in this location are expected to generate strong interest.
This vacant freehold two-bedroom property, located in a convenient and well-established residential area of Oldbury. The property is ideally positioned close to local shops, everyday amenities, reputable schools and transport links, making it appealing to both investors, short stay businesses and owner-occupiers.
The location benefits from excellent connectivity, with the M5 Motorway (J2) just a short distance away, providing swift access to the wider motorway network. Langley Green Train Station is also within easy reach, offering convenient rail links into Birmingham City Centre, making the property well suited to commuters.
The accommodation offers generous and well-proportioned living space and briefly comprises two spacious reception rooms, providing flexible living and dining accommodation, together with a recently refurbished modern kitchen finished to a good standard. To the first floor are two good-sized bedrooms and a newly refurbished family bathroom, while the property also benefits from a ground floor shower room.
The property has undergone recent improvements, including updated kitchen and bathroom facilities, allowing for immediate occupation or letting. It has most recently been utilised for short-stay accommodation, presenting an excellent turnkey investment opportunity. The layout and location are well suited to strong rental demand from both professional tenants and families.
Further benefits include:
Recently refurbished kitchen and bathrooms
Double glazing and central heating
Private rear garden
Current use Short Stays
Furniture included within the sale
Close proximity to local shops and amenities
Completion
The completion period for this property is 28 days.
Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on our website).
Buyers Administration Fee
The purchaser will be required to pay an administration fee of £1,800 inc VAT, whether the property is bought before, on, or after the auction date.
Legal Pack
Purchasing a property at auction is a firm legal commitment equivalent to signing a contract by private treaty. Prospective buyers must consult with their legal adviser before bidding.
The legal pack can be viewed online via our website.
At the time of going to print, the Auctioneers were unable to inspect the property internally; therefore, the accommodation details should not be relied upon.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price, which will be within +10% of the Guide Price. The Guide Price is provided solely to help buyers decide whether to pursue their interest.
Important Notice / Disclaimer
In accordance with RICS guidance, these particulars are prepared in good faith and are intended to give a fair description of the property. At the time of publication, the Auctioneers were unable to inspect the property internally. Consequently, any details relating to the accommodation, floor areas, condition, fixtures, fittings, services, or any other aspects of the property are based on limited information and should not be relied upon as statements of fact.
Prospective purchasers are strongly advised to satisfy themselves as to the accuracy of the information provided by undertaking their own inspections, surveys, and enquiries prior to making any offer or bid. Neither the Auctioneers nor the vendor give any representation or warranty, express or implied, as to the accuracy, completeness, or suitability of the information contained within these particulars.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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