Gloucester Avenue, Dawley
Guide price £40,000 Leasehold

Guide Price £40,000 * Plus 5% Buyers Premium + VAT

For sale by Unconditional Online Auction on the 30th of April 2025.

Registration is now open, bidding opens on 30th of April 2025 at 10:00 and ends on 30th of April 2025 at 16:25.

Exceptional investment opportunity awaits at the upcoming auction 5 Gloucester Avenue, Dawley, Telford, TF4 2HU is a spacious three bedroomed ground floor flat.

Description

The 3 bed ground floor flat at 5 Gloucester Avenue is currently tenanted for £550pcm with the rents due to be reviewed.

The property feature a well-designed layout comprising a kitchen, lounge/dining room, three bedrooms, and a bathroom. The property is equipped with gas central heating, double glazing, and private garden space.

It is crucial for potential buyers to note that this property is considered to be of non-traditional construction, falling under the "Wates" house classification. Therefore, we recommend that interested purchasers conduct their own inquiries with mortgage lenders to determine the property's eligibility for mortgage purposes before participating in the auction. Don't miss this distinctive opportunity to secure a potentially high-yielding investment.

Tenure

Leasehold

Legal Pack

A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.