Guide price
£115,000
1 bed flat for saleEssex Street, Birmingham B5
1 bed
1 bath
1 reception
EPC Rating: B
- Chain free
- Auction
- Leasehold
Connells - Birmingham City
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About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Empty - offering no upward chain
An ideal buy to let / starer home
Well presented throughout
Sought after B5 chinese quarter location
One bedroom modern apartment
Summary
offering no upward chain - popular i-land development - situated in B5 chinese quarter - keenly priced - An ideal starter or buy to let property. Modern and well presented throughout. Viewing is advised to appreciate.
Description
This property benefits from secure communal entrance with 24/7 concierge. The development is a few minutes walk from Grand Central and Bullring Shopping Centre. Along with being situate in the sought after 'Chinese Quarter' B5 and local to many transport links.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Secure Entrance
Lounge Kitchen Area 23' 9" x 22' 1" ( 7.24m x 6.73m )
Bedroom 1 16' 3" x 12' 2" ( 4.95m x 3.71m )
Fitted Bathroom
Communal Gardens
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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More information
Tenure
Leasehold (115 years)
Service charge
Council tax band
C
Ground rent
£0
Ground rent date of next review