Upper Marshall Street, Birmingham City Centre, B1

The Property
A well presented and modern one bedroom apartment situated in the exclusive Postbox building. It comes with an open plan living area, lots of storage and a double bedroom. The property has a private veranda and is being sold as Chain Free.

The apartment is situated in an ideal location and is in walking distance of Grand Central Station, Broad Street and all of the amenities and transport links located within Birmingham City Centre. The property would be an ideal opportunity for first time buyers, professionals or investors.

The property is in excellent condition and viewing is highly recommended. Accommodation comprising entrance hallway, lounge/kitchen, private veranda, one double bedroom and bathroom.

The property also comes with lifts to all floors, rear access, a concierge, ample parking for rental around £70 pcm, communal garden on 1st floor for all residents, roof top garden on top floor for all residents, Neighbourhood watch area, CCTV in all corridors, entrances and exits.

Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Entrance Hallway
Two wall mounted electric heaters, wall mounted phone intercom for visitor access, two storage cupboards one housing the water tank and one housing the electric fuse board.

Lounge / Kitchen
11'07 x 28'11.

Double glazed window to rear, double glazed door onto the veranda and two wall mounted electric heaters.

Wall and base units with work tops over, stainless steel sink with mixer tap, integrated electric oven and hob with extractor over, space for a fridge/freezer, integrated washing machine and dishwasher.

Veranda
Paved patio area and gate for access to the rear of the property.

Bedroom
9'01 max x 13'01 max.

Double glazed window to rear, wall mounted electric heater and fitted wardrobe with mirrored doors.

Bathroom
Bath with mains shower over, W/C, ceramic sink with built in storage, wall mounted vanity unit, tiled floor, spotlights in the ceiling, wall mounted electric towel rail, spotlights in the ceiling, fully tiled walls and floor.

Lease Information
The following information has been provided by the current home owner. This information has not been verified by Purplebricks and will need to be confirmed by the purchasers legal representatives.

Lease information: 99 years from 1 April 2006

Please note this property has a short lease under 99 years which may affect your ability to obtain a mortgage – please seek advice on this or contact us for more information.

Ground rent - approximately £250.00 P/A

Management and Service Charge - approximately £1500.00 P/A

Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £130,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete 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 with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks.

General Information
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees
• 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 Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £372 including VAT. This secures the transaction and takes the property off the market.
• Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/2110

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.