A two bedroom apartment situated in Wolverhampton. The property has an entrance hallway, living room, kitchen, family bathroom and two bedrooms. Externally the property benefits from a garage. Currently tenanted with rental income of £650pcm (£7,800 per annum). With a rental yield of 13%. Leasehold of approx 50 years remaining Located in the residential area of Wolverhampton, with great transport links available from National Rail. Auctioneers Note The deposit for exchange of contracts on this property is 10% subject to a minimum of £10,000. The completion period for this property is 28 days. Starting Bid and Reserve Price *The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that’s Lots may be withdrawn prior to the end of auction. Disclaimer These particulars, whilst believed to be accurate based on information from the seller and photographic evidence, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. We have not physically inspected the property, therefore intending purchasers should not solely rely on these details as statements of fact, but must satisfy themselves by personal inspection or other means to verify the information provided. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. If the property is occupied during the auction but to be sold with vacant possession, we take no responsibility if the property is not vacated on or before completion.