Studio flat in Birmingham
Unit 1.07, Cardinal House, Bridge Road, Birmingham B8 3ST
- Lot No: 167
- Property Type: Studio flat
- Contract Type: Unconditional with Variable Fee
Guide Price* £9,500+ plus fees
Property Description
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 £550 per calendar month. Prospective buyers are advised to check the legal pack for further information.
Additional Information:
Construction Material: Standard brick. Services: TBC. Heating: Room heaters, electric. Coverage: Broadband - Standard and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as high in this area. Satellite and Cable - BT and Sky show as available in this area.
Leasehold Information
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Note to Buyers
We have been made aware by solicitors acting on behalf of the landlord of significant arrears and a legals costs liability. Remedy of the breach of the lease will be required so that any risk of forfeiture is removed. Buyers are referred to the additional sums payable in accordance with special condition 4 (in the document named (SCPC1.07) within the legal pack). Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Draft Sales Details
These sales details are awaiting vendor approval.
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 25th April 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454