Studio flat
Well presented second floor studio apartment which is located along the Coventry Road.
The property comprises of gated entrance with private allocated parking space, security door with video display and the communal entrance has stairs and lifts to all floors.
Accommodation comprises double glazed windows and electric heating, hallway with storage space, open plan living room and kitchen with appliances and family bathroom. We are informed the furniture will be included in the sale, so the property will be all ready to go for rental or a home.
The property is situated in a convenient residential location having access to local amenities such as shops and restaurants. It offers good travel links to Solihull, Birmingham City Centre, the A45 and M42.
An opportunity to purchase an apartment situated in a popular residential building in Sheldon.
Construction Material: System built, as built (Apartment block. Taken from EPC) Heating: Room heaters, electric. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as available. Satellite and Cable - BT and Sky show as available in this area.
We have been informed the annual service charge is £477.99 and the ground rent is £200. Please refer to the legal pack for further information and confirmation. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
£200
112
£478
- Heating Supply: Electric
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Residents, Allocated
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers 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 Price
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.
