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1 bedroom flat for sale
55 Creed Way, West Bromwich B70 9JT
£49,500
55 Creed Way, West Bromwich B70 9JT
£49,500
Our Summary
- For sale on 31 July 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 31
- Investment Opportunity
Description
A modern, one-bedroom flat in Birmingham is up for auction, offering a potential annual rental income of over £7,000 and a return on investment of 13% against the guide price. The property is located close to local amenities, shops, and transport links, and features standard brick construction, a boiler heating system, and access to broadband, mobile signal, and satellite and cable services. The property is being sold on a leasehold basis with an EPC rating of C. The auction will be held online with live auctioneers, and bidders can register to participate by proxy, online, or by phone. The guide price is not disclosed, but the reserve price will be within 10% of the guide price. A deposit and buyers' fee will apply, and all sales are subject to SDL Property Auctions' terms and conditions.