Leasehold, 111 years remaining
This spacious ground floor maisonette is located in the very popular area of Erdington, Birmingham, close to transport links to the city centre, the A38 to Lichfield and the M6 motorway. There is a train station located in Erdington, just 0.6 miles away. It is an ideal spot for those who work in the city centre.
This is a great area for families with good local primary and secondary schools, recreational areas and parks such as Bleak Hill Park, Brookvale Park and Witton lakes just a short drive away. Star City with it's entertainment and food outlets is also nearby as is the Fort Shopping centre.
The property has is approached by a path to the side of the front lawn. There is an external storage space to the side of the front door.
The hall is spacious and has the kitchen on the right. A good sized space, with fitted units, worktops and space for a large fridge freezer. There is a built in storage cupboard. There is a window looking out to the front garden.
The lounge is an ample size with a feature fireplace, window and door leading out to the garden. There is room to have a dining table as well as sofas.
The garden is a lovely space, with a decked area, lawn and access to the side and rear of the property. There are shrubs and trees. It is a lovely space for outdoor living.
On the first floor, there are three decent sized bedrooms, two look over the back garden and the third is at the front and has a built in storage cupboard.
The bathroom is a large room but does need modernisation - it could be converted to suit modern tastes.
On the landing are two built in storage cupboards.
The home offers spacious living with good sized rooms, ample storage and lovely garden. It is ideal for families or investors as there is plenty of potential to further improve this property
CURRENT 72/ 77 POTENTIAL
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
This property is offered for sale via 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 exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, 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 give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £5,382 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.