14 bed property for sale

Station Street, Walsall WS2

ILove homes® are offering for sale by 'Online Auction' this substantial 14 bed former HMO/hotel located close to Walsall Town Centre's main thoroughfare. Offering an ideal location for multiple use and being located opposite Walsall train station. Potential Gross Revenue (for HMO usage) is approximately £72,000 per annum.

The property is in need of complete refurbishment throughout and briefly comprises; Entrance Hall, large communal lounge, Utility Room, 3 kitchens, 4 shower rooms, separate WC's, storage rooms and 14 Bedrooms set over three floors. A similar use may be appropriate, however, interested parties are advised to make their own enquiries to Local Authority Planning Department. For viewings, contact iLove homes in the first instance.

On the ground floor;

hallway:

Room two: 15'8" x 8'8"

room three: 12'11" x 9'8"

room four: 12'6" x 7'6"

room five: 12'0" x 9'5"
Storage room


Utility room: 12'8" x 7'1"

communal lounge: 21'8" x 14'7"
WC


Shower room one:

Kitchen one: 9'7" x 7'5"

on the first floor;

room one: 12'10" x 8'5"

room six: 9'11" x 9'10"

room seven: 9'11" x 8'3"

room eight: 16'0" x 8'9"

room nine: 9'11" x 7'1"

2 x WC's

shower room two:

Shower room three:

Kitchen two: 13'3" x 9'3"

on the second floor;

room ten: 9'10" x 7'2"

room eleven: 10'0" x 9'10"

room twelve: 12'11" x 9'5"

room thirteen: 16'0" x 9'4"

room fourteen: 12'0" x 8'7"

shower room four:

Kitchen three: 16'7" x 8'9"

auction details

The lot is to be sold by traditional online auction

An auction buyer’s fee of 3.6% (inc of VAT) subject to a minimum fee of £6,000 (inc of VAT) is payable in addition to the purchase price.

The auction will be exclusively available online via the Rocket Auctions website including the legal pack information.

The registration process is as follows:

Stage 1) Register your email address, create a password and confirm your account.

Stage 2) View the legal pack and arrange any viewings

Stage 3) If you would like to bid, use the 'dashboard' button and complete your id check and enter your payment and solicitors details

Stage 4) You are ready to bid - Good Luck!

No deposit monies are required before you price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.

A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.

The complete legal pack would need to be inspected before an offer would be considered.

Please contact iLove homes if you have any questions regarding Online auctions or would like to arrange a viewing.

Viewings

Please contact iLove homes. Viewings are strictly by appointment only

tenure

We are advised by the seller that the property is freehold. We have not sought to verify the legal title of the property, we would urge buyers to obtain verification from their solicitor

measurements

All measurements are approximate and are supplied for guidance only, as such they must not be considered to be entirely accurate

money laundering regulations

Prospective purchasers will be asked to produce photographic identification and proof of residency once a deal has been agreed in principle.