* NO UPWARD CHAIN * THREE APARTMENTS WITHIN DWELLING * CANAL SIDE PROPERTY WITH A WEALTH OF CHARACTER *
Oakmans offer another exceptional investment opportunity to buy a freehold, detached dwelling consisting of three apartments situated on the canal side of Perry Barr locks. The property boasts no upward chain and benefits from recently being refurbished throughout. There are three apartments - 1x one bedroom and 2x studio properties.
Viewings are highly recommended and the property further benefits from being close to all amenities and transport links that the Walsall road has to offer.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Brookvale Auctions. This method of auction requires both parties to complete the transaction within 56 days of the Fee being paid and reservation form being returned.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being a minimum of £8,000 Plus VAT or 4% plus VAT. The Reservation 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 go through an identification verification process with Brookvale Auctions and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit, you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you
Property type: Detached house consisting of three apartments Tenure: Freehold Council Tax Band: A EPC Rating: Flat 1: E, Flat 2: D, Flat 3: E Construction Type: Standard construction Parking Arrangements: On street parking Broadband: Fibre (FTTP) Mobile Signal Coverage: No known issues Water Supply: Mains Sewerage: Mains Electric: Mains Heating Supply: Gas Building Safety Issues: No Special Conditions: None Flood Risk or Previous Flooding: No Mine Shafts/Coal Fields/Erosion: No Restrictions: No Rights and Easements: No Planning Permissions: No Local Developments: No
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Anti-money Laundering Checks (AML) Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.
We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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 Oakmans Estate Agents - Harborne. 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 Oakmans Estate Agents - Harborne for full details and further information.