Express & Star

Three flats in the same Dudley block of flats to go on auction

First time buyers and property investors might be scrambling over each other as three Dudley flats are set to go under the hammer starting at £44,000. 

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Three one-bed flats at Park Inn, a purpose-built block at 81 Park Lane East in Tipton, will be on offer at property auctioneers' Bond Wolfe's auction taking place on March 27.

The flats at 81 Park Lane East in Tipton are going under the hammer.
The flats at 81 Park Lane East in Tipton are going under the hammer.

The flats include number 9 and 11 on the first floor, which are going under the hammer with a guide price of £50,000, and flat 6 on the ground floor of the same building, which has a guide price of £44,000. 

The flats at 81 Park Lane East in Tipton are going under the hammer.
The flats at 81 Park Lane East in Tipton are going under the hammer.

Each flat is made up of a hall, living room, kitchen, bathroom and bedroom, with double glazing and an electric heating system. Outside is the shared garden and parking bays.

The flats at 81 Park Lane East in Tipton are going under the hammer.
The flats at 81 Park Lane East in Tipton are going under the hammer.
The flats at 81 Park Lane East in Tipton are going under the hammer.
The flats at 81 Park Lane East in Tipton are going under the hammer.

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. 

The flats at 81 Park Lane East in Tipton are going under the hammer.
The flats at 81 Park Lane East in Tipton are going under the hammer.

“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 flats at 81 Park Lane East in Tipton are going under the hammer.
The flats at 81 Park Lane East in Tipton are going under the hammer.

The flats will be among other properties appearing in Bond Wolfe’s next auction, which is due to start at 8.30am on March 27. 

The auction will be livestreamed through the property auctioneers' website with remote bidding by proxy, telephone or internet.

 For more details and to register to bid visit bondwolfe.com/auctions/properties/, email auctions@bondwolfe.com or call or call 0121 312 1212 or 01902 928 510.