The Quadrant, Birmingham City Centre, B1 3RJ

Quote Code: DC0118

For sale by Modern Method Of Auction - auction date tbc.

A stunning, light, airy and spacious third floor apartment located close to the prestigious Jewellery Quarter, St Pauls' Square, Utilita Arena Birmingham, as well as The National Sea Life Centre and College Of Food.

The Quadrant, a new development of approximately four (4) years old which means it is still under its 10 year NHBC, is a superbly maintained apartment complex. Perfectly located to be out of the hustle and bustle of the City Centre, but still within easy reach and walking distance to many bars, restaurants and social venues which Birmingham City Centre is renowned for.

This stunning apartment offers an entrance hallway with doors off it to: large store cupboard, fabulous bathroom suite with shower over its bath, large double bedroom with built-in double wardrobes and door out to its balcony, also a floor to ceiling window allowing light to flood in. There is a fabulous open-plan lounge diner, fitted kitchen, wall and base units with integrated appliances such as a fridge freezer, washing machine, dishwasher, sink, electric cooker and hob with extractor fan over. Furthermore there is a floor to ceiling window and door leading out onto the wonderful full-width balcony to sit out on, relax and enjoy those gorgeous summer evenings upon us, taking in some of the City's iconic buildings such as Birmingham Central Library, an architectural delight. If this beautiful apartment and its balcony wasn't enough, you'll be also spoilt with its secure gated, allocated parking space, accessible by an internal lift.

This would be perfect for Buy To Let Investors with a tenant already in place, so it's highly recommended to take a closer look at what this third floor apartment has to offer, City Centre Living with minimal move-in fuss.

Currently tenanted for 12 months at £1,100 pcm potentially representing a Gross Yield of up to an incredible 7.3% per annum.

We have been informed by the owner of the following details and charges:

Service Charge: circa £2,017.68 pa

Ground Rent: circa £350 pa

Lease remaining: 145 years approximately

Quote Code: DC0118

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/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. These services are optional.

Information:

The agent Dean Coleman powered by eXp and its Clients give notice that: they have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary Planning, Building Regulation or other consents, and Dean Coleman powered by eXp has not tested any services, equipment, or facilities. Purchasers must satisfy themselves by inspection or otherwise. Dean Coleman powered by eXp is a member of The Property Ombudsman scheme and subscribes to The Property Ombudsman Code of Practice.