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1 bedroom flat for sale

Birchtrees Drive, Birmingham

Guide Price* £60,000

Property Description

Key features

  • HIGH DEMAND ON THE RENTAL MARKET
  • SOLD WITH SITTING TENANT
  • CURRENTLY LET FOR 500PCM
  • 999 YEAR ORIGINAL LEASE
  • BUILDINGS INSURANCE INC IN SERVICE CHARGE
  • ONE BEDROOM APARTMENT
  • GROUND FLOOR ACCOMODATION
  • ALLOCATED PARKING
  • RENTAL INCOME OF 6,000 PER ANNUM
  • WALKING DISTANCE TO AMENITIES

Full description

FOR SALE BY MODERN METHOD OF AUCTION: Starting Bid Price £60,000 - PLUS RESERVATION FEE.
TO BE SOLD WITH SITTING TENANT AT £500PCM**
Located just off East Meadway within walking distance to local amenities and public transport links. One Bedroom Ground Floor Flat, Lounge, Bedroom, Bathroom, Kitchen, Communal Gardens, Allocated Parking, Double Glazed Windows.
INTERESTED TO KNOW MORE ON THIS FANTASTIC INVESTMENT - CALL FERNDOWN ESTATES NOW!

Sale Information - 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 buyers 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.

Approach - The property is approached via a communal fore garden and paved pathway which leads the communal hallway giving access to flat 4

Lounge - Having laminate flooring, wooden framed double glazed window with additional secondary glazing, storage heater, two storage cupboards and door to the inner hallway

Inner Hallway - Having doors leading to the kitchen, bedroom and bathroom

Kitchen - Having a wooden framed double glazed window with additional secondary glazing to the rear, laminate flooring and storage heater. Being fitted with a range of matching wall and base level units with a roll edge work surface over, incorporating a sink bowl unit with drainer and mixer tap over and tiling to all splash back areas. Having space for an electric cooker, space and plumbing for a washing machine and space for further white goods

Bedroom - Having a wooden framed double glazed window with additional secondary glazing to the fore, laminate flooring, storage heater and a built in wardrobe with sliding mirrored doors

Bathroom - Suite comprises of a panelled bath with electric shower over, low level wc and a pedestal wash hand basin with tiled flooring

Communal Garden -


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
14 July 2017

Floorplans

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Disclaimer - Property reference 26419430. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ferndown Estates, Marston Green. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Ferndown Estates, Marston Green on 0121 770 5666.


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