For Sale4 Bedroom Flat in High Street, West Bromwich, B70£500,000

A UNIQUE INVESTMENT OPPORTUNITY TO PURCHASE THE FREEHOLD TITLE OF THIS MIXED USE BOTH RESIDENTIAL AND COMMERCIAL BUILDING ON THE HIGH STREET. CURRENTLY FULLY OCCUPIED AND GENERATING A RENTAL YIELD OF 12%! CALL NOW TO ARRANGE YOUR VIEWINGS! Please see below a list of the units and current rents being achieved as confirmed by the vendor. Unit 1: £1200 PCM Unit 2: £800 PCM Unit 3: £1000 Cashpoint: £60 PCM A Studio: £750 PCM B Studio: £750 PCM C Studio: £750 PCM D Studio: £750 PCM Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. Agents Note There is an existing Right of Way at the property, please enquire with the branch for further details. Agents Note There is a easement on the title, please enquire with the branch.