>
2 bedroom flat for sale
17 Riches House, Riches Street, Wolverhampton WV6 0DY
£70,000
17 Riches House, Riches Street, Wolverhampton WV6 0DY
£70,000
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
- The property would benefit from cosmetic improvement
- NOTE: Bidders will be required to pay a £7,000 deposit prior to auction before being authorised to bid
- Payments will be returned to any unsuccessful bidders following the auction
- 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 and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- 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
Description
This two-bedroom first-floor flat is being sold at auction on July 31, 2025, and can be bid on online, by phone, or by proxy. The property is located in a modern building with communal parking and has an open-plan living area, kitchen, two bedrooms, and a bathroom. It would benefit from cosmetic improvements and is being sold as seen, with no guarantees on services or appliances. The property is leasehold with 125 years remaining on the lease, and the ground rent is £150 per annum. The sale is unconditional, and a 10% deposit is required, along with a buyer's fee of 1.2% of the purchase price. The property is being sold with a guide price and a reserve price, and full details of the sale can be found in the legal pack and auction conduct guide.