Jervis Court, Dog Kennel Lane, Walsall, WS1 2BU

39 self contained flats in Walsall

Guide price*

£910,000+

Plus fees

Sold prior to auction, for an undisclosed amount

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Lot 123 Land/Development Residential Vacant
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Auction details:

Thursday 16th May 2024 @ 08:30AM

A Substantial Vacant Freehold Five Storey Block of 39 Self-Contained Flats, which may be suitable for redevelopment, subject to obtaining the necessary planning consents

Property Description

A substantial five storey block of 39 flats, 21 of which are one bedroom flats and 18 studio flats. The one bedroom flats comprise hall, living room, kitchen, bedroom, bathroom/WC and the studio flats comprise hall, kitchen, living room/bedroom, bathroom/WC. The property is set well back from the road, offering ample off-road parking, situated within a mixed use area of commercial and residential units, benefitting from local amenities within walking distance. The property has good access to Walsall Town Centre and convenient transportation routes to surrounding districts.

Accommodation

Ground Floor: Communal Entrance, Communal Hall, Communal Laundry Room, Four One Bedroom Flats and Three Studio Flats.
First Floor: Communal Landing, Four One Bedroom Flats and Four Studio Flats.
Second Floor: Communal Landing, Four One Bedroom Flats and Four Studio Flats.
Third Floor: Communal Landing, Four One Bedroom Flats and Four Studio Flats.
Fourth Floor: Communal Landing, Five One Bedroom Flats and Three Studio Flats.
Outside: Off-Road Parking and Communal Gardens.
The property benefits from having an intercom door entry system, elevator lift system servicing each floor and double glazing, however it is in need of renovation.

Energy Performance Rating

See legal pack.

Tenure

Freehold – Vacant possession upon completion.

Auctioneer's Note

Please note offers may be considered prior to the Auction Sale.

Viewings

Strictly by appointment with the Auctioneers.
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

LIVE-STREAMED AUCTION

Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. 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.

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