2 bed terraced house for sale

Providence Lane, Walsall, West Midlands WS3

Great investment opportunity to acquire a 2 bedroom terraced property with tenant in Situ. For sale Via Modern Method of Auction.

Individual Property Details:
36 Providence Lane
Bedrooms/Bathrooms: 2 Bed, 1 Bath
Current Rental Amount: £495.00 per month
Tenancy Agreement Terms: Periodic

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Location:
Proximity to Amenities: Located in the heart of Walsall, Providence Lane is within walking distance of local shops, schools, and recreational facilities, ensuring convenience for residents.

Transport Links: The properties are well-served by public transport, with easy access to Walsall train station and major bus routes, as well as close proximity to the M6 motorway, facilitating commuting to Birmingham and other nearby cities.

Local Attractions: Nearby attractions include Walsall Arboretum, the New Art Gallery Walsall, and an array of dining and entertainment options, enhancing the appeal for potential tenants.

Investment Highlights:
High Rental Demand: Walsall has a strong rental market with high demand for quality rental properties, ensuring consistent occupancy rates.

Potential for Capital Growth: The area is experiencing ongoing development and regeneration, which is likely to contribute to property value appreciation over time.

Attractive Rental Yields: The combination of high demand and competitive rental rates offers attractive yields for investors.

Stable Income Stream: With six properties, investors can benefit from a diversified and stable rental income stream.

For further details or to arrange a viewing, please contact our team.

Agents note:
We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic id we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.

Subjective comments in these details imply the opinion of the selling Agent at the time these details were prepared. Naturally, the opinions of purchasers may differ.

All imagery, CGI's and floorplans have been used to reflect the end product and may be subject to change.

Fixtures and fittings:
All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.

Tenure:
The property is Freehold with vacant possession upon completion of the purchase.

Services:
All mains’ services are connected.