£90,000

Studio for sale

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Auction
Leasehold

Guide price

£90,000

Studio for sale

Ryland Street, Edgbaston, Birmingham B16

1 bed
1 bath
1 reception
EPC rating: C

Key Information

Tenure:
Leasehold (105 years)
Service charge:
Council tax band:
C
Ground rent:
£0
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • St John's & St Peter's CofE Academy 0.1 miles
  • Nelson Junior and Infant School 0.4 miles
  • Five Ways 0.5 miles
  • Birmingham New Street 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Offering no upward chain
  • An ideal investment in city centre
  • Ideal first time purchase
  • Well maintained one bedroom studio
  • Rental assessment of £800 - £850 pcmvia connells lettings
Summary
no upward chain - great investment / first time purchase - A one bedroom studio situated in the heart of Birmingham City Centre, close to Broad Street. Property is well maintained and properties can be rented at a 8-10% yield here. Viewing is advised!

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.

No upward chain - great investment / first time purchase - A one bedroom studio situated in the heart of Birmingham City Centre, close to Broad Street. Property is well maintained and properties can be rented at a 9-10% yield here. Viewing is advised!

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.

Property Details
On street parking.

Entrance Hall
Having a intercom system, storage and doors off to:

Open Plan Studio 30' max x 11' 8" max ( 9.14m max x 3.56m max )
Fitted kitchen comprising of wall and base units, work surfaces over, stainless steel sink and drainer, integrated appliances, cooker point with cooker hood overhead, spotlights and wooden laminate flooring.

Double glazed window and electric fire.

Bedroom One
Double glazed window and wooden laminate flooring.

Bathroom

Shower Room
Shower cubicle, wash hand basin, low level w.c, vanity mirror, partly tiled and electric towel rail.

Lease details are currently being compiled. For 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.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Listed by

Connells - Birmingham City

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Property descriptions and related information displayed on this page are marketing materials provided by - Connells - Birmingham City. Zoopla 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 Connells - Birmingham City for full details and further information.

  1. Zoopla
  2. For sale
  3. West Midlands
  4. Birmingham
  5. Edgbaston
  6. Ryland Street

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