Property description

For sale by Modern Method of Auction: Starting Bid Price £67,500 plus Reservation Fee.

Green and Company are pleased to offer for sale this two bedroom second floor flat in one of the most sought after roads in Boldmere. Having a short lease and require some work the property represents a fantastic investment opportunity. Accommodation comprises lounge, kitchen, two bedrooms and a bathroom. Further benefits include garage in separate block and no upward chain. The property is available with no upward chain and immediate viewing is essential in order to avoid genuine disappointment.

Kitchen 8' 6"max x 8' 2"max (2.59m x 2.49m) With a range of eye and base level units with work-surface over incorporating single drainer sink unit, tiled splash-backs, double glazed window to the rear, space and plumbing for an automatic washing machine, space for a freestanding cooker and space for further white goods.

Lounge 16' 2" x 12' 1" (4.93m x 3.68m) With two double glazed windows to the front and doors to;

bedroom one 12' max 11' 8" min x 9' 11" max (3.66m x 3.02m) With built-in storage cupboard and windows to the front and side.

Inner lobby With doors to;

bedroom two 8' 6" max 7'5" min x 10' (2.59m x 3.05m) With built-in storage cupboard and window to rear.

Bathroom With suite comprising bath, pedestal wash hand basin, low flush w.c unit, complimentary tiling, built-in cupboard and opaque window to the rear.

Garage In a separate block and being on a separate lease.
(Please ensure that prior to legal commitment you check that any garage facility is suitable for your own vehicular requirements)

council tax band B Birmingham City Council

fixtures and fittings as per sales particulars.
Tenure

The Agent understands that the property is leasehold with approximately 40 years remaining. Service Charge is currently running at approximately £697.38 for 6 months and is paid monthly and is reviewed every 12 months. The Ground Rent is currently running at approximately £25 per year paid every six months and is reviewed every 12 months. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.

Green and company has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitors or Surveyor. Please note that all measurements are approximate.

If you require the full EPC certificate direct to your email address please contact the sales branch marketing this property and they will email the EPC certificate to you in a PDF format

*Please note that on occasion the EPC may not be available due to reasons beyond our control, the Regulations state that the EPC must be presented within 21 days of initial marketing of the property. Therefore we recommend that you regularly monitor our website or email us for updates. Please feel free to relay this to your Solicitor or License Conveyor.

This property is for sale by Green & Company Ltd powered by iamsold Ltd.

The property is for sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and the Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

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Amenities

Second floor flat

Two bedrooms

Kitchen

Bathroom

No chain

Garage in separate block

For sale via modern method of auction

Popular location

Cash buyers only