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No longer on the market

This property is no longer on the market

EPC

Apartment

Auction
Sold STC
Apartment
1 bath
Added > 14 days

Key information

TenureLeasehold | 168 yrs left
Ground rent£0 per annum | review period: unconfirmed
Service charge£900 per annum
Council taxBand A

Features and description

  • Leasehold Flat Investment (168 years unexpired)
  • 19/02/2025
  • Birmingham

Video tours

Guide Price = £55,000 - £60,000

Sold for £63,000.

Leasehold Flat Investment (168 years unexpired)

Property for auction on 19th February at 13:00at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

Accommodation:
Ground Floor
Secure Communal Entrance Hall, Open plan Living Room/Bedroom; 5.6m x 2.8m and Kitchen Area: 2.19m x 1.7m, Utility area with wash basin: 1.58m x 1.41m and Bathroom with WC: 1.79m x 1.58m.

Outside:
Surrounding gardens and residents communal parking with barrier protection.

Lease Information
Term: Commencing 5th July 2019 and expiring 24th March 2193 (Circa. 168 years unexpired).
Ground Rent: One Peppercorn.
Service Charge: The development is managed by Cottons. The service charges from 1st July 2024 to 30th June 2025 are £900 per annum with a 10% discount if paid within 14 days of being due (effectively £810 per annum).

Development Improvements
A section 20 notice has been issued to all owners that a £21,000 investment shall be made to the development with the installation of secure boundary fencing approximately 6 ft in height with a secure coded pedestrian gate and secure coded electric vehicular gate. The works are due to commence around January to February 2025. Service changes shall not be impacted due sufficient funds in a healthy sinking fund. Please refer to the legal pack for further information.

EPC Rating D
Council Tax A

Legal Documents Available via Viewings Via Cottons -[use Contact Agent Button]

Property information from this agent

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About this agent

Cottons Auction - Birmingham
Cottons Auction - Birmingham
Birmingham, West Midlands B17
0121 721 8788
Full profileProperty listings
Cottons have been successfully selling property by Auction for well in excess of 50 years and are now established as one of the leading Auctioneers outside of London. Our Auctions are usually held at the Holte Suite, Aston Villa Football Club, Aston, Birmingham and typically comprise of an extensive range of residential and commercial property, land, and ground rent investments. Whilst our catalogue will normally comprise of property within the Midlands Region, we have a proven track record for selling lots further a field and extending across the UK. If you have a property to include in any of our forthcoming Auctions, or if you wish to receive a catalogue please contact us immediately.
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