3 Bed Terraced House For Sale Newhampton Road West, Wolverhampton, WV6

£160,000- Terraced

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Last Updated: 23rd April 2024

Description

This three bedroom terraced property is perfect for an investment or first time buy. Located in Wolverhampton surrounded by local amenities such as schools and shops. \r
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The property is comprised of two reception rooms, kitchen and family bathroom on the ground floor finishing with three bedrooms on the first floor. Currently the property is being rented however will be completed with vacant possession. \r
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This property is for sale with Your Estates. \r
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This method requires both parties to complete the transaction within 4 months of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).\r
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The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 1% of the purchase price including VAT, subject to a minimum of £1999.50 including VAT. The Reservation 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 submit all paperwork to Your estates agents limited trading as Your Estates i.e. proof of funds, identification etc. \r
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You are required to complete your own due diligence before offering and after offering are welcome to do home buyers report or surveys. \r
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The buyer will pay reservation fee on offer acceptance of 1% or a minimum of £1999.50 plus VAT. You will then be given a generous 4 months to complete with a maximum term of 80 working days. On completion the buyer will then pay a further 1% or a minimum of £1999.50 plus VAT.\r
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The reservation fee will be held by Your Estates Agents Limited T/A Your Estates and returned if through no fault of the buyer the property falls through. Please see buyers page of Yourestates.co.uk for a breakdown.
Agent Details
Your Estates

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested