Flat in Birmingham
Studio 71, College House, Birmingham, West Midlands B8 3TE
- Lot No: 14
- Property Type: Flat
- Contract Type: Unconditional with Variable Fee
Guide Price* £12,500+ plus fees
Result Sold at Auction £14,000
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 £498.77 per calendar month (£115 per week).
Please note:
The auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Key information not available
Please be advised that room sizes are not currently available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
Leasehold
Length of lease: Up to and including 31 August 2128 Current ground rent: £1,108 per year Ground rent review period: TBC Current service charge: £1,931.26 per year Service charge review period: TBC This information should be clarified in the legal pack and we’ll update the information above when we receive it.
Tenure
Leasehold
- 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
Date 30th June 2022
Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454