- Years remaining: 0 years
- Current ground rent: £0
- Ground rent review period: Contact branch
- Annual service charge: £1,632
- Ground rent increase: Contact branch
Council Tax Band: B
Tenure: Leasehold
The property comprises in further detail- Communal entrance leads to the stair well taking you to the first floor on which the property is located. The entrance gives access to the living room, fitted kitchen, master bedroom and bathroom.
This is a truly great property in both its location and accommodation available, making for an excellent buy to let investment. Viewing is highly recommended.
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.
Agent Note
The Council Tax Band is B. The length of the lease is 189 years from 24th June 1992 and expiring on 23rd June 2181. We are informed the annual service charge is £1632.00.Entrance Hall
Electric wall heater, storage cupboard and cupboard housing the water tank.Lounge
14' 7" x 9' 9" ( 4.45m x 2.97m )Double glazed window to the side of the property and electric heater.
Kitchen
10' 5" x 6' 5" ( 3.17m x 1.96m )Fitted kitchen, stainless steel sink/drainer, plumbing for dish machine, space for fridge/freezer , double glazed window to the front of the property, electric cooker, tiling, boiler and door to hall.
Bedroom One
14' 1" x 9' 9" imax into reces ( 4.29m x 2.97m imax into reces )Double glazed window to the side of the property and electric heater.
Bathroom
Double glazed window to the front of the property, electric wall heater, shower, toilet, extractor fan, wash hand basin and bath taps.Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
BIRMINGHAM
West Midlands
B17 9PP
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.