*CASH BUYERS ONLY* This two bedroom upper floor apartment is situated in the popular area of Edgbaston Birmingham.
Briefly comprising of an entrance hallway with airing cupboard and large storage cupboard, spacious and open plan living room/kitchen with integrated appliances and double doors leading onto a private balcony, two double bedrooms each having Juliet balconies with the main bedroom benefiting from a built-in wardrobe and finally a stylish bathroom with bath and overhead shower.
Lease length- 104 years Ground Rent- £200 per year Service charge- £1704.52 per year
This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).
The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Buyers will be required to go through an identification verification process with iamsold 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 buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The 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.
Living Room/Kitchen6.73m x 3.12m
Bedroom One4.65m x 2.74m
Bedroom Two3.43m x 2.08m
Bathroom2.64m x 1.96m
Stamp duty due
Based on a sale price of £110,000 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.