Studio flat in Birmingham
Flat 2.14, Cardinal House, 55 Bridge Road, Birmingham, West Midlands B8 3ST
- Lot No: 10
- Property Type: Studio flat
- Contract Type: Unconditional with Variable Fee
Guide Price* £14,000+ plus fees
Result Sold at Auction £15,000
Property Description
DRAFT DETAILS A student studio apartment located within a development situated in Alum Rock and within walking distance to Adderley Park train station. The property comprises an open plan living/bedroom with kitchenette and shower room. The property is currently let and produces £555 per calendar month. Prospective buyers are advised to check the legal pack for further information. Please note the auctioneers have not inspected the property internally.
Leasehold Information
Lease Length: 125 years from 01.07.2015 Ground Rent: See legal pack Service Charge: See legal pack
Tenure
Leasehold
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454