2 Bedroom Flat (Leasehold Property)

Showell Green Lane, Birmingham, B11 4JT
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Current Bid: £78,000.00
Bid History: 2 Bids
Time Left: 2d 7h 4m 35s (28th Jun 2017 15:00BST)
  • Overview
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Property Overview

Two Double Bedroom Second Floor Flat With Long Lease Remaining, Ideal For First Time Buyers And Investors, Currently Bringing In Rental Income of £550 PCM, Briefly Comprising Of: Gated entrance leading to Communal Parking and Grounds, Entrance Hallway, Lounge / Dining Room, Kitchen, Two Double Bedrooms, Family Bathroom and Garage. Electric Storage Heaters (where specified), Double Glazing (where specified) VIEWING HIGHLY RECOMMENDED.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

APPROACHED VIA Gated communal area and estate with with laundry drying areas, leading to communal front door block with stairs to front door, ENTRANCE HALLWAY Electric storage heater, doors to lounge/dining room, bedrooms, family bathroom and storage cupboard, STORAGE CUPBOARD Ample storage space with shelving and storage capacity, LOUNGE / DINING ROOM 20' 0'' x 11' 5'' (6.09m x 3.48m) UPVC double glazed window to communal grounds and car parking area, door to kitchen, KITCHEN 8' 9'' x 8' 5'' (2.66m x 2.56m) A range of wall, drawer and base units with roll top edge work surfaces over, inset electric hob with oven below, chrome chimney style extractor fan over, stainless steel sink with drainer mixer taps over, space and plumbing for washing machine and other white goods, tiled walls and flooring, UPVC double glazed window to communal grounds, BEDROOM ONE 11' 4'' x 11' 7'' (3.45m x 3.53m) UPVC double glazed window to front elevation, electric heater fixed to wall, BEDROOM TWO 11' 6'' into wardrobe x 8' 10'' (3.50m x 2.69m) UPVC double glazed window to front elevation, built in storage cupboards with ample hanging and shelving space with sliding doors, FAMILY BATHROOM A three piece suite with panelled bath with electric shower over, with folding shower guard door, low level W.C., pedestal wash hand basin, tiled walls and flooring, UPVC double glazed obscure window to side elevation, COMMUNAL GROUNDS Communal grounds with block paved pathways throughout, with mature trees, surrounded by communal parking, grounds and garages in separate block. GARAGE Located in separate block, with up and over door and concrete flooring.

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Touchwood Estates Limited

Local Branch: 147 Stratford Road, Solihull, B90 3AY
Head Office: 147 Stratford Road, Solihull, B90 3AY

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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