A one bedroom style apartment offering ideal investment or suitable starter property. The apartment location is within close proximity to Snow Hill and Colmore Business District.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
A studio apartment ideally placed for investment or for those looking for their first home. This apartment is located within close proximity to snow hill train station and Colmore Business district.
The apartment itself offers the following accommodation.
Entrance lobby with mailbox, lift and stairs up to all floors.
Apartment entrance hall
Shower room Having wash hand basin, fitted shower and WC.
Bedroom area The bedroom has a sliding door for privacy, built in wardrobe with water immersion tank nestled in the corner.
Open plan living space Living area with windows to the rear courtyard.
Kitchen The kitchen is fitted with appliances
Council Tax Band: A Tenure: Leasehold Service Charge: £2558 Ground Rent: £250 Ground Rent Review Period: 10 year review Ground Rent Review Amount: Linked to (PSAEI) Private Sectors Annual Earnings Index Next Ground Rent Review: 1st June 2032 Parking Arrangements: None Property Construction: Standard Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating Supply: Electric Broadband: Refer to Ofcom Mobile Signal Coverage: No known issues Building Safety Issues: None Restrictions: None Rights And Easements: None Flood Risks Or Previous Flooding: No Past Or Present Planning Permissions Or Applications: No Is the property located in a Coalfield Or Mining Area: No
AGENTS NOTE: We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.
FIXTURES AND FITTINGS: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by John Shepherd - Birmingham City Centre. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact John Shepherd - Birmingham City Centre for full details and further information.