Studio for sale

Walsall Road, Perry Barr, Birmingham B42

***for sale via modern method of auction***investment opportunity***tenant in situ - £730 per month***convenient location***studio apartment***

*** draft details - awaiting vendor approval ***
For sale via modern method of auction


Investment opportunity - tenants in situ - £730 per calendar month

Situated in close proximity to Birmingham City Centre this well-presented studio apartment is a perfect first time or investment purchase.

In brief, the property comprises of open plan living accommodation with separate shower room. The building benefits from secure entry system as well as concierge service, parking and on-site gym.

Living space 14' 2" x 17' 1" (4.32m x 5.21m) The living space has two double glazed windows to the rear elevation, two radiators, built in wardrobe, kitchen area with integrated oven, hob and extractor, stainless steel sink with mixer tap over and space for washing machine and fridge.

Shower room 3' 5" x 9' 4" (1.04m x 2.84m) Tiles to splashbacks, shower, WC, wall hung basin, heated towel rail.

Council Tax Band A Birmingham City Council

Predicted mobile phone coverage and broadband services at the property.
Mobile coverage - voice available for EE, Three, O2, Vodafone and data available for EE, Three, O2, Vodafone
Broadband coverage - Broadband Type = Standard Highest available download speed 6Mbps. Highest available upload speed 0.7Mbps.
Broadband Type = Ultrafast Highest available download speed 1000 Mbps. Highest available upload speed 100Mbps.
Networks in your area - Virgin Media

The mobile and broadband information above has been obtained from the Mobile and Broadband checker - Ofcom website.

Sellers are asked to complete a Property Information Questionnaire for the benefit of buyers. This questionnaire provides further information and declares any material facts that may affect your decision to view or purchase the property. This document will be available on request.

Buyers compliance administration fee: In accordance with the Money Laundering Regulations 2007, Estate Agents are required to carry out due diligence on all clients to confirm their identity, including eventual buyers of a property. Green and Company use an electronic verification system to verify Clients' identity. This is not a credit check, so it will have no effect on credit history. By placing an offer on a property, you agree (all buyers) that if the offer is accepted, subject to contract, we, as Agents for the seller, can complete this check for a fee of £25 plus VAT (£30 inc VAT), which is non-refundable under any circumstance. A record of the search will be retained securely by Green and Company within the electronic property file of the relevant property.

Fixtures and fittings as per sales particulars.
Tenure

The Agent understands that the property is leasehold with approximately 94 years remaining. Service Charge is currently running at £1099.54 and is reviewed tbc. The Ground Rent is currently running at £200 per annum and is reviewed tbc. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.

Green and company has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitors or Surveyor. Please note that all measurements are approximate.

If you require the full EPC certificate direct to your email address please contact the sales branch marketing this property and they will email the EPC certificate to you in a PDF format

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Contact your local green & company branch on This property is for sale by Green & Company Ltd powered by iamsold Ltd.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.