Park Gate Mews, Newhall Street, Tipton, DY4 9HD
OIRO £66,000
2 bedroom flat for sale
NOT TO BE MISSED!! GREAT INVESTMENT OPPORTUNITY
FIRST FLOOR Purpose built Apartment with a secure central courtyard and ample car parking to rear per flat. Tenant in situ the property is producing rental income of £550pcm,
This property can achieve more up to £575 to £600
Ground rent is £594.38 per ann
Service charge £1235.44 per ann
100years remaining on the lease
Building Insurance is approx £737.83
insurance admin fee approx £19.99
Accommodation consists of, Communal Entrance with access to Apartment door to the right, entrance door leading to property hall with WC to left, open plan spacious Lounge/Diner and Kitchen, storage cupboard, Bedroom with fitted wardrobe, access to rear via back door to the Communal Secure Central Courtyard with Parking. The property has the benefit of double glazing and central heating.
Property is situated close to Tipton High Street, Princess End shopping parade is few hundred metres away to the north-east.
The apartment has an unexpired ground lease of over 100 years, for further information on lease and management service charges please contact us directly.
***Sold with sitting tenant ***
Tenure: Leasehold (100 years)
Ground Rent: £594.38 per year
Service Charge: £1,235.44 per year
Features
- **FULLY REFURBISHED** & available NOW!
- **NO CHAIN** Available NOW!!!
- 1 family bathroom and WC
- Calling all INVESTORS!!
- Car Parking space
- CHAIN FREE, Great 1st Time home or Investment
- Double Glazing
- EPC D
- Good Location
- Ideal Starter/FAMILY HOME
- Leasehold
- Modern & Stylish Throughout
Secure communal entrance.
Magnolia walls make this place stand out from the rest, security entry com system for visitor access.
Spacious for lounge and dining area, carpeted, magnolia walls, ceiling spotlights, and a double aspect bay window to front elevation, this room feel spacious and welcoming.
The kitchen is open plan, white wall units, fitted oven and hob, window to front, single sink unit.
Airing Cupboard, with bolier.
Good size double bedroom, with decorative wall lights, magnolia walls, carpet and double glazed patio door to front elevation
Having double glazed patio to rear elevation , with decorative wall lights, magnolia walls and carpet
There is one parking space behind a security gate.
Walking distance to Tipton town centre 3/4.
Excellent Commuter links to Birmingham & Wolverhampton.
7 mins walk from local train station.
2 mins from the bus stop
From the branch turn onto Union St, continue onto New Mill St, turn right onto Flood St, then left onto Dudley Southern By-Pass A461. At the roundabout, take the 2nd exit onto Tipton Rd/A4037, Continue to follow A4037, the property is found on the right on Newhall St.
Wallbrook Primary Academy 410 yards
Christ Church CofE Primary School 0.5 miles
St Pauls Church of England Academy 0.6 miles
Glebefields Primary School 0.7 miles
Summerhill Primary Academy 0.7 miles
Wednesbury Oak Academy 0.7 miles
Jubilee Park Academy 0.9 miles
Foxyards Primary School 0.9 miles
Joseph Turner Primary School 0.9 miles
St Martin's Church of England Primary School 0.9 miles
Name Approximate Distance*
Tipton 0.7 miles
Coseley 0.7 miles
Dudley Port 1.4 miles
Sandwell & Dudley 3.3 miles
Bescot Stadium 3.7 miles
Wolverhampton 3.9 miles
Tame Bridge Parkway 4.1 miles
Langley Green 4.2 miles
Smethwick Galton Bridge 4.6 miles
Rowley Regis 4.7 miles
Walsall 4.7 miles
Old Hill 4.8 miles
Cradley Heath 5 miles
The Hawthorns 5.1 miles
Smethwick Rolfe Street 5.2 miles
Lye (West Midlands) 5.9 miles
Bloxwich 5.9 miles
Hamstead (Birmingham) 6 miles
Bloxwich North 6.3 miles
Stourbridge Town 6.6 miles
Property is Leashold with a ground & service charges lease to be paid each year, which makes it leasehold.
Leasehold:- Long lease aprox 90-95 years left tbc, if you require the figures please contact our office.
Please Note: The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor or Surveyor. References to the tenure of a property are based on information supplied by the seller. The agent has not had sight of the title documents. A buyer is advised to obtain verification from their solicitor.
In order to clarify the process, all offers should be either confirmed in writing with paperwork as explained on viewings and emailed to info@johnmiller.co.uk
We will need to verify the buyer's position and ability to proceed, therefore if you require the following;
1: If Mortgage; Then copy of your Mortgage Certificate ie mortgage in principal. If this is not available, you will be contacted by our Financial Advisor to confirm your ability to proceed, although you are not obliged to use the services of our Financial Adviser.
But we can offer their services for free advice, they shall confirm their fees directly with you. There are discounts available via our brokers as they are independent and have access to various deals (please note we do get a referral fee).
2: We do require proof of your cash deposit, this can be in form of bank statements, must have the clients full contact details on ie name & address. If recent funds have been deposited in the account then we shall require where these funds had come from original for money laundry proposes.
3: Cash purchaser, we will require proof of funds, if recent funds have been deposited in the account then we shall require where these funds had come from original for money laundry proposes.
4: ID of all parties who shall be purchasing the property ie driving license and passport.
These can be emailed alongside your offer, failure to do so can result in your offer not being processed in time and you may lose out on the property. Our Money laundry officer needs the following documents to sign off your offer before we process this to the owners.
Buyers must check the availability of any property and make an appointment to view it before embarking on any journey to see a property.
We have only selected days and times we can arrange viewings for this particular property. Please contact us for availability on 0121 533 0509. Alternatively, Email - info@johnmaill.co.uk, visit our web site www.johnmiller.co.uk
Reference: RS0471
Please note
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: John Miller has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: John Miller has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.