No longer on the market
This property is no longer on the market
Floorplan
MapApartment
Auction
Sold STC
Apartment
1 bath
269
Key information
Tenure: Leasehold | 957 yrs left
Ground rent: £0 per annum | review period: unconfirmed
Service charge: £900 per annum
Council tax: Band A
Features and description
- Leasehold Flat Investment (957 years unexpired)
- 19/02/2025
- Birmingham
Video tours
Guide Price = £55,000 - £60,000
Sold for £65,000.
Leasehold Flat Investment (957 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.
Second Floor
Open plan Living Room/Bedroom; 5.6m x 2.8m and Kitchen Area: 2.2m x 1.71m, Utility Area with wash basin and Bathroom with WC: 1.81m x 1.59m.
Outside:
Surrounding gardens and residents communal parking with barrier protection.
Lease Information
Term: 999 years from 25th March 1983 (Circa. 957 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).
Share of Freehold
Owners of the flat will become a director and own a share of Matthew Court (Edgbaston) Limited with own the freehold for the development.
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 C
Council Tax A
Legal Documents Available via Viewings Via Cottons -[use Contact Agent Button]
Sold for £65,000.
Leasehold Flat Investment (957 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.
Second Floor
Open plan Living Room/Bedroom; 5.6m x 2.8m and Kitchen Area: 2.2m x 1.71m, Utility Area with wash basin and Bathroom with WC: 1.81m x 1.59m.
Outside:
Surrounding gardens and residents communal parking with barrier protection.
Lease Information
Term: 999 years from 25th March 1983 (Circa. 957 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).
Share of Freehold
Owners of the flat will become a director and own a share of Matthew Court (Edgbaston) Limited with own the freehold for the development.
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 C
Council Tax A
Legal Documents Available via Viewings Via Cottons -[use Contact Agent Button]
Property information from this agent
- Full Catalogue
- Addendum
- General Conditions
- Viewing Times
- Important Notices
- Common Auction Conditions
- Buyers Guide to Auction
About this agent
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.