Summary - 313 FOXDALE DRIVE BRIERLEY HILL DY5 3GX
2 bed 1 bath Flat
Auction-ready flat for cash buyers or investors seeking a low-price, hands-on project.
Second-floor two-bedroom flat with allocated parking and communal gardens
A second-floor, two-bedroom leasehold flat offered at auction with immediate exchange available for cash buyers or investors. The property includes an open living room, separate kitchen, bathroom, allocated parking and communal gardens — practical amenities for tenants or a buy-to-let return.
Important lease and cost details affect purchase suitability: only 63 years remain on the lease, which will likely prevent mortgage lending and reduce resale value. Annual running costs include a service charge of £2,247 and ground rent of £100; EPC is grade E and council tax band A.
The interior shows signs of age and will need modernization to boost rental income or owner comfort. The building has double glazing and electric heating indicated in the sale notes; buyers should verify the heating fuel and systems in the legal pack. Crime levels are above local average and the immediate area is economically challenged, which will influence tenant demand and long‑term capital growth.
This lot suits cash purchasers, portfolio investors comfortable with short-lease management (extension or enfranchisement costs), or a hands-on buyer wanting a low-entry price. Study the legal pack, factor in auction fees and non-refundable reservation/deposit requirements, and obtain solicitor advice before bidding.
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