Apartment
Situated within the stylish development of Fabrick Square, one of the newest developments to be completed in the cities booming creative quarter; Digbeth. Accommodation comprises Entrance Hallway, Master Bedroom with ensuite shower room, further double bedroom, Open Plan Lounge/Kitchen, Bathroom with three piece suite.
We understand the property is currently let on assured shorthold tenancy at £895 pcm producing £10,740 per annum however the tenants have served notice and are due to vacate.
This developments location could not be better, situated just a stones throw away from Selfridges, The Bullring and HS2s purpose built new station at Curzon Street in 2026, allowing you to travel to London in just 49 minutes
The location is a short 15-minute walk to New Street and Grand Central as well as five minutes to Digbeth coach station. Road links to M6, M42 and A38 are also a short distance away.
Excellent Investment opportunity.
The accommodation briefly comprises:
With laminated flooring, radiator, storage cupboard
20ft x 9ft 9 Fitted range of wall mounted and base units, working surfaces, single drainer sink unit, electric oven,hob, extractor hood over, Intregrated fridge/freezer, laminated flooring, double glazed window to rear aspect.
14ft x 9ft 4 - radiator, double glazed window
Double Shower Cubicle with shower unit and attachment, wall mounted wash hand basin, low flush wc, tiled flooring, double glzed window.
11ft 10 x 9ft 2 Radiator, double glazed window.
Panelled bath, vanity wash hand bain, low flush wc, tiled flooring, chrome towel rail.
We have been informed by the vendor that there is 123 years left on the lease. Service Charge £590 per six months. Ground Rent £175 per six months.
The internal photos have been supplied by the seller and were taken approx 2 years ago.
Leasehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.
