Sanders Road, Bromsgrove, Worcestershire, B61

****FOR SALE BY THE MODERN METHOD OF AUCTION with a starting bid of £95,000**** ***CASH BUYERS ONLY***

A bright and spacious two bedroom second floor apartment that is currently tenanted with a rental return of £7500 per annum. The property is located in the heart of Bromsgrove with great access to the high street, a variety of transport links and local schools. The property briefly consists of an entrance hall, a living room, fitted kitchen, two double bedrooms and a bathroom. The property benefits further from having double glazing and parking. EPC: C

LOCATION

This well presented second floor apartment is conveniently located within a mile of the Town Centre and its amenities, near to Sanders Park, also benefiting from having easy access to public transport routes and motorway links.

SUMMARY

*The property is accessed via a secure communal entrance hall with stairs rising to the second floor with entrance door that leads through to

* Entrance hallway which has doors radiating off to

* Living room which has a bay window looking out to the rear, access to a storage cupboard and a door leading to the

* Kitchen which has a mixture of wall mounted and base units with work tops over and an inset stainless steel sink drainer. There is an integral electric oven, a hob, and a connection for an undercounter appliance. There is a window looking out to the side and access to a storage cupboard.

* Bedroom one which has fitted wardrobes with a sliding door and a window looking out to the rear

* Bedroom two which has a window looking out to the rear

* Bathroom which has a bath with a shower over, a wash hand basin and a low level toilet

* The property comes with allocated parking

GENERAL INFORMATION

The Agent understands that the property is LEASEHOLD

The Vendor has advised the Agent that the lease commenced in 1983 for a total of 99 years

The vendor has advised the agent that the annual service charge is £1320 and the ground rent is £100

TO VIEW OR MAKE A BID – Contact Robert Oulsnam or visit:

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, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. 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 make payment of a non-refundable Reservation Fee of 4.5% to a minimum of £6,600.00 including VAT 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 East Midlands Property Auction powered by IAM Sold. (Reservation Fee is in addition to the final negotiated selling price.)

AUCTION PACK CAN BE VIEWED AT: (auction pack currently being prepared)

This property is for sale by West Midlands Property Auction powered by IAM-sold Ltd. Viewings are strictly via the agent.