Cradley Road, Dudley, West Midlands, DY2 9RJ

- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Being sold via ‘Secure Sale’
- Cash buyers preferred - ideal for investors looking for a high-yield opportunity
- First floor studio flat, convenient and accessible layout
- Walk-in wardrobe and immersion heater storage cupboard
- Private residents parking, providing ample off-street parking at the rear
- White goods included, move-in ready or perfect for immediate rental
- Open-plan living space with modern fitted kitchen
- Double-glazing and electric heating as specified
Description
Cash buyers preferred | Studio Flat | White Goods Included | Investors & First-Time Buyers – Don’t Miss This
Complete Property Services are delighted to present this stylishly refurbished first-floor studio flat in a sought-after Dudley location, just a short walk from Asda supermarket, transport links, canal, parks, and comprising an open-plan living space with a modern fitted kitchen, walk-in wardrobe, a shower room, and benefiting from double glazing, electric heating and private resident’s parking to the rear.
Tenure
Leasehold (as advised by the seller).
Investment Potential
Rental Income: £650.00pcm
Approx. 11% Gross Yield – a fantastic opportunity for investors
Leasehold Information
This information has been provided by a third party and has not been verified. We recommend you confirm this information with your conveyance.
Years Remaining: 53 years remaining on the lease (as of 25th March 2025)
Ground Rent: £45 per annum (increasing to £100.00 per annum on 25th March 2045)
Service Charge: £1,100 per annum
Ground Rent & Service Charge Review: Ground Rent reviewed every 33-years, Service Charge reviewed every 1-year
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 53
Annual Ground Rent Amount: £45.00
Annual Service Charge Amount: £1,100.00
Accommodation Details
Approach
Set back from the footpath with surrounding shrubbery, the property is accessed via a communal front entrance door and up the stairs to the first floor. Front access only.
Open Plan Fitted Kitchen/Living Area
Featuring newly fitted dark wood-effect laminate flooring in the kitchen space, with newly fitted grey carpet in the living/sleeping space. The walls are painted in grey, and the sleeping area benefits from double doors leading to a built-in wardrobe. The room is well-lit with three light fittings throughout, and two double-glazed windows to the front elevation. One electric heater.
The fitted kitchen is designed with matching white wall and base units, complemented by a sleek grey worktop and a green subway tile backsplash. The space includes an inset stainless steel sink drainer unit with a mixer tap, a freestanding fridge freezer (new), a washing machine (new), an electric cooker with hobs (new), and an extractor fan above. A door leads to the shower room.
Shower Room
Finished with dark laminated flooring and beige wall tiles. A small obscure window is positioned to the side elevation. The suite comprises a built-in shower cubicle with an electric shower, a wash basin with hot and cold taps, and a push-button low-level W.C. There is also a door leading to the immersion heater storage cupboard.
Outside
Private residents' parking is available to the rear, providing ample off-street parking.
Additional Information
• Local Authority: Dudley mbc
• Council Tax Band: A
• EPC Rating: D (62)
Important Information
1. Intending purchasers will be required to provide photo identification and financial documentation to comply with money laundering regulations at the offer stage.
2. These particulars do not form part of any offer or contract.
3. Measurements are for guidance only; buyers should verify them before committing to any costs.
4. Complete Property Services have not tested any appliances, fixtures, or fittings.
5. Buyers should seek legal verification of the title and property details from their solicitor.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Residents
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Cradley Road, Dudley, West Midlands, DY2 9RJ
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Visit our security centre to find out moreDisclaimer - Property reference 478304. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinson Estate Agents, Auction on 0191 625 0242.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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