2 bed flat for sale

Garrard Gardens, Sutton Coldfield B73

Summary

Flat 4, ribble court, garrard gardens, sutton coldfield, B73 6DL
Guide Price: 80,000

Tenure: Leasehold 37 years remaining (cash buyers only)| Council Tax Band: B | Tenant in Situ (current rent 850.00 pcm)

Spacious Two-Bedroom Apartment in the Popular Trinity Area of Sutton Coldfield - Ideal Investment or First-Time Purchase

Situated in a quiet cul-de-sac just off Park Road, this well-proportioned two-bedroom first-floor apartment is offered to the market with current tenant in situ and excellent potential for cosmetic improvement.

Located in the sought-after Trinity area of Sutton Coldfield, the property offers easy access to the town centre, transport links, and popular schools.

Set within a purpose-built block of only six apartments, the property benefits from a quiet residential setting while still being conveniently close to amenities.

Accommodation Comprises:
Welcoming entrance hall
Bright and spacious lounge/diner with large window
Fitted kitchen with wall and base units
Two bedrooms (one double, one single)
Bathroom with three-piece suite
Electric heating and double glazing

Access to communal gardens and residents' parking

Investment Potential:
Estimated rental income: 850-1100 pcm
Approximate gross yield: 10.2-13.2%

Strong demand for rental accommodation in this area
Ideal for investors, downsizers, or first-time buyers
Sold with tenant in situ

Location Highlights - Trinity Area:
Situated off Park Road in a quiet cul-de-sac setting
Walking distance to Sutton Coldfield town centre and its shopping, dining & leisure facilities
Easy access to Sutton Coldfield Train Station and A5127/Lichfield Road
Near to Sutton Park, one of Europe's largest urban parks
Close to well-regarded schools including Bishop Vesey's Grammar and Sutton Coldfield Grammar School for Girls

Auction Notes:
This property is being sold via public auction. Interested parties must register prior to bidding. Buyers are advised to inspect the legal pack, available from the auctioneer upon request or via their website.
Bidding available online, by telephone - please contact the auctioneer for full details.

Summary
This sensibly priced two-bedroom flat in Sutton Coldfield's desirable Trinity district offers excellent scope for value-add refurbishment or buy-to-let investment. Rarely available in this quiet location and with strong resale and rental potential - early viewing is advised.

Viewings by appointment only.
Legal pack available.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 37
Annual Ground Rent Amount: 79.00
Ground Rent Review Period: Year
Annual Service Charge Amount: 3,200.00
Service Charge Review Period: Year

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.