Guide price
£125,000
2 bed flat for sale
Edward Street, Birmingham B1Auction
Leasehold
2 beds
1 bath
1 reception
EPC Rating: D
Key information
Tenure
Leasehold (104 years)
Service charge
£2,500 per year
Council tax band
B
Ground rent
£500
Ground rent date of next review
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Top floor apartment
Offering no upward chain
Very sought after location
Ideal first time purchase/investment
Summary
offering no upward chain - Situated in a very sought after location, situated on the upper 5th floor is this well presented modern two bedroom apartment. Property has lounge, kitchen, two bedrooms, bathroom. Property is an ideal first time purchase / buy to let.
Description
Here at Connells Birmingham City office we offer free advice on the house buying, selling, investing and letting process. Whilst also offering a large range of brand new build properties. We also offer mortgage advise should you need it whether you're a purchaser, seller or investor. Please contact us for more information.
Offering no upward chain - Situated in a very sought after location, situated on the upper 5th floor is this well presented modern two bedroom apartment. Property has lounge, kitchen, two bedrooms, bathroom. Property is an ideal first time purchase / buy to let.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Agents Notes
A rental figure of £1200 - £1350 can be achieved on this property. Property is in very good condition with new flooring.
Entrance Hallway
Doors off to:
Lounge
Double glazed window, heater and carpet flooring.
Kitchen
A suite comprising of fitted wall and base units to include work surfaces over, stainless steel sink and drainer, cooker point with cooker hood above, heater, lino flooring and space for appliances,
Bedroom One
Having carpet flooring.
Bedroom Two
Having carpet flooring.
Bathroom
Having a bath with shower overhead, wash hand basin, low level w.c, tiled flooring and tiled walls.
Outside
Allocated parking space.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
More information
Listed by
Connells - Birmingham City
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