This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Off road parking
- Good transport links
- Laminate flooring
- Electric storage heating
- Tenanted achieving £400pcm (10% yield)
Full terms and conditions are available on the SDL Auctions website.
Ideally situated on a private cul-de-sac, 10 minutes drive from Birmingham City Centre with good road, bus and train links.
ROOM SIZES:
Hallway
Lounge: 18' 8" x 8' 8" (5.69m x 2.64m)
Kitchen: 10' 0" x 5' 6" (3.05m x 1.68m)
Bedroom: 15' 7" x 7' 6" (4.75m x 2.29m)
Bathroom: 6' 5" x 5' 7" (1.96m x 1.7m)
LEASEHOLD INFORMATION:
Lease Length - Approx. 52 years remaining
Service charge - £1,134pa
Ground rent - £25pa
Lease details have been provided by the seller and their accuracy cannot be guaranteed as we have been unable to verify them by means of current documentation. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
CONDITIONS OF SALE
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of the same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
A 5% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.
GUIDE PRICES AND RESERVE PRICES
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. A full definition of the Guide Price and the Reserve Price can be found in the Buyers Terms.
ENERGY PERFORMANCE CERTIFICATES
EPCs can be viewed in the legal pack.
NOTE
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.
AUCTION FEES
The sale of this lot is subject to a buyers fee of 4.8% including VAT, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.
The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from the SDL website from the lot information section. To find out more about any additional fees associated with this property please contact the auction office.
Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf
Places of interest
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Property reference 100714000466. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co - Birmingham.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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