1 bedroom Apartment in Birmingham
Unit 58 College House, Birmingham, West Midlands B8 3TE
- Lot No: 13
- Property Type: Apartment
- Contract Type: Unconditional with Variable Fee
Guide Price* £12,500+ plus fees
Result Sold After Auction
Property Description
A student studio apartment located within a development situated in Alum Rock and within approximately 0.5 miles 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. Per the special conditions, completion is to take place after the requirements of the restriction in the title register have been complied with. Buyers are to note that the vendor's solicitors are currently experiencing a significant delay in obtaining a certificate to allow completion to proceed. Prospective buyers are recommended to take independent legal advice and make all necessary independent enquiries prior to placing their bid as this will be binding.
Please note:
Room sizes are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
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.
Leasehold
Length of lease: 125 years from May 2014 Current ground rent: £1,108 Ground rent review period: TBC Current service charge: £1,488 (2021) 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
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