This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by iam-sold Ltd.
The property is approached via communal walkways and a communal access gate leading to secure key/fob or intercom access into the communal entrance hallway. Private door allowing access to:-
Decorative coving finish to the ceiling, and dado rail to the walls, two storage cupboards and wood effect flooring. Doors to:-
Double glazed picture window to the front, radiator, wood effect flooring, decorative coving finish to the ceiling and two ceiling roses. Feature fireplace consisting of a wooden style fire surround with a tile effect hearth and an electric log burner effect fire. Double glazed sliding patio doors to the rear allowing access to the rear garden area.
Range of wall mounted and floor standing base units with glass fronted display units and open corner shelving units incorporated, roll edge work surfaces over with a sink and drainer unit and mixer tap over inset. Appliances built in consist of an under unit oven with a hob over, wall mounted boiler. Plumbing for a washing machine, partly tiled walls, and tiling to the floor area. Radiator and a double glazed window to the rear
Double glazed window to the rear, ceiling mounted fan light, a radiator and wood effect flooring. Fitted wardrobes to two walls consisting of four single wardrobe/shelving units, drawer units, dressing table area, bedside cabinets and over head units.
Double glazed window to the side, radiator and decorative dado rail to the walls.
Suite comprised of a panelled bath with an electric shower unit over, low flush WC and a pedestal wash hand basin. Radiator, partly tiled walls, tiling to the floor area, decorative coving finish to the ceiling and two double glazed windows to the front.
Paved patio area extending to create a paved pathway to the side running through to the side access gate into the communal courtyard area. Garden laid mainly to lawn with mature shrubbery and flower bed borders. Fence perimeters also housing the access gate, outside tap, and a timber shed.
Council Tax Band A
Boiler will be serviced prior to purchase
Service charge £123.70 per quarter which includes the buildings insurance
Ground Rent £2.50 per quarter
Approximately 105 Year lease remaining
Rent and Service Charge payable to Solihull Community Housing
There are communal areas surrounding the property consisting of a front garden, rear courtyard, drying areas brick built storage sheds, access gates to the communal walkways, and secure communal access areas to the block.