No longer on the market
This property is no longer on the market
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Map2 bedroom apartment
Auction
Apartment
2 beds
1 bath
656
EPC rating: C
Key information
Tenure: Ask agent
Ground rent: £150 per annum | review period: unconfirmed
Service charge: £2,000 per annum
Council tax: Band C
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenant in Situ
- Two-bedroom
- Allocated parking space
- Open plan lounge and kitchen
- For sale by Modern Auction -T & Cs apply
- Subject to Reserve Price
- Buyers fees apply
- The Modern Method of Auction
For sale by Modern Method of Auction
This two-bedroom apartment situated with the popular Arena View Development with a tenant in situ and located close to Birmingham’s, historic Jewellery Quarter and Brindley Place offering a current yield of 8.1%.
The accommodation comprises of a private entrance hallway, open plan lounge and kitchen, two bedrooms and bathroom.
the property also benefits from having an allocated parking space in a gated complex, security door entry system and lift.
The current tenant has approx 14 months left on their contract and are paying £1275 pcm.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Property Information
Tenure - Leasehold
Length of Lease - 120
Ground Rent - £150 per annum
Service Charge - £2000 per annum
Local Authority - Birmingham City Council
Council Tax Band - C
EPC Rating - C
This two-bedroom apartment situated with the popular Arena View Development with a tenant in situ and located close to Birmingham’s, historic Jewellery Quarter and Brindley Place offering a current yield of 8.1%.
The accommodation comprises of a private entrance hallway, open plan lounge and kitchen, two bedrooms and bathroom.
the property also benefits from having an allocated parking space in a gated complex, security door entry system and lift.
The current tenant has approx 14 months left on their contract and are paying £1275 pcm.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Property Information
Tenure - Leasehold
Length of Lease - 120
Ground Rent - £150 per annum
Service Charge - £2000 per annum
Local Authority - Birmingham City Council
Council Tax Band - C
EPC Rating - C
Property information from this agent
About this agent
Built on over forty years experience, Maguire Jackson is a leading independent sales and letting agent with a professional understanding of the residential and commercial property markets in Birmingham City Centre and throughout Birmingham. As a leading estate agent we acknowledge the increasing strength of the internet & offer commission or fixed fee marketing agreements for residential sales. Our extensive knowledge of the local property sales and letting market in Birmingham plus the benefit of a prime office location puts us at the forefront of estate agencies in this regenerating vibrant city