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A hat-trick of great potential investments in the same Black Country block of flats are coming up in Bond Wolfe’s next auction.
Three single bedroomed flats at Park Inn, a purpose-built block at 81 Park Lane East in Tipton, include Flat 9 and Flat 11 on the first floor, each with guide prices* of £50,000+.
Also in the livestreamed auction on Thursday 27 March is Flat 6 on the ground floor at the same address, with a guide price of £44,000+.
Gurpreet Bassi, chief executive of Bond Wolfe, said: “This trio of flats could make a great investment for a landlord expanding their portfolio, while each one could also be attractive to first-time buyers.
“All three flats are situated in what is a purpose-built block with a communal entrance on the ground floor, and each one has a hall, living room, kitchen, bathroom and bedroom.
“The properties all benefit from an electric heating system and double glazing, while outside are communal grounds and parking bays.
“The flats are all vacant and are on a long 999-year lease, with full details available within the legal pack.”
The trio of Tipton flats will be among scores of properties appearing in Bond Wolfe’s next auction, which is due to start at 8.30am on Thursday 27 March.
The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.