Flat
This larger family sized two bed flat enjoys a secure and prominent position on the first floor, facing the quiet rear of the building. With a private entrance at the rear of the building, there are six flats total in this clean quiet block with a private car park and allocated garage visible from window.
The seller informs us that the rental returns approx £8,000 per annum as as single let with garage and a central location for transport links. Potential to to achieve £700 per month as a flat share for two people, with rent further boosted by garage for storage or vehicle.
The property is ready to move in with vacant possession.
Walking distance to Harborne for bars, coffee shops and brand names such as Waitrose and M&S.
Next to the planned Quinton Midland Metro stop on the Hagley Road.
Bus 9, X8, X10 to Birmingham city centre via Hagley Road 20 mins. Bus 24 to Harborne via Ridgeacre Road less than 10 minutes.
With intercom system and staircase to -
Leading into -
16'11" x 10'6"
12'6" x 6'9"
14'9" x 8'11"
14'6" x 7'3"
8'3" x 6'1"
Communal gardens, carpark and garage (not measured).
The seller informs us that the service charge is fully paid up to end Sep 2020, with a reserve fund approx £70,000.
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.
