Guide price
£80,000
1 bed flat for sale
Skipton Road, Edgbaston, Birmingham B16Auction
Leasehold
1 bed
1 bath
1 reception
EPC Rating: E
Key information
Tenure
Leasehold (88 years)
Service charge
£1,500 per year
Council tax band
A
Ground rent
£10
Ground rent date of next review
About this property
Available Now
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Apartment Set within Ladywood
One Bedroom
6th Floor Apartment
Long Lease
Great Location
Summary
****apartment **** one bedroom **** great location **** walking distance to edgbaston village, broad street and city centre birmingham **** great transport links **** 6th floor ****
description
This Property would make a great Investment opportunity, The Property benefits from a good Lease and is located close to Birmingham City Centre in the ever popular area of Ladywood. The Property itself is situated on the 6th Floor.
The property comprises in more detail: Entrance Hallway, Lounge, Kitchen, Double Bedroom, and Family Bathroom.
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 A. The length of the lease is 125 years from 27th April 1987. We are informed the annual ground rent is £10.00 and the annual service charge is £1500.00.
Lounge 13' 6" x 14' ( 4.11m x 4.27m )
Window double glazed to the front of the property and electric fire
Kitchen 11' 7" x 6' 11" ( 3.53m x 2.11m )
Window double glazed to the side of the property, wall and base units, electric hob and oven with sink and drainer
Bedroom One 13' 3" x 10' 4" ( 4.04m x 3.15m )
Window double glazed to the front of the property.
Bathroom
Toilet, sink, bath with shower over, storage cupboard and plumbing for washing machine
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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
More information
Listed by
Shipways - Harborne
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