Newman Way, Rednal, Birmingham, West Midlands, B45

Property Details: • Type: Flat • Tenure: Leasehold • Floor Area: N/A

Key Features: • Being Offered For Sale Via Modern Auction • First Floor Studio Apartment • NO UPWARD CHAIN • Ideal Buy to Let Investment • Allocated Parking • Communal Gardens • Ideal First Purchase • Shower Room and Separate Dressing Area • INTERNAL VIEWING ADVISED

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: The Tudor House New Road, Bromsgrove, B60 2HY

Full Description: ** STARTING BIDS £59,000 **** ATTENTION INVESTORS / LANDLORDS - IS THIS YOUR NEXT INVESTMENT PURCHASE? **** OFFERING A VERY ATTRACTIVE 10% ANNUAL GROSS YIELD*** NO UPWARD CHAIN *** A well presented first floor studio apartment situated at the foot of The Lickey Hills. The accommodation briefly comprises a communal entrance, stairs to; entrance, bedroom/lounge, kitchen, dressing area and shower room/WC. Externally there is allocated parking and communal gardens. LOCATIONThis property is conveniently situated for those buyers looking for easy access to the many and varied amenities in Rubery Village which include shops, cafes, supermarkets and schooling to accommodate all age groups. The property benefits from transports links located close by giving access to Birmingham City Centre and the wider network. The property is also situated at the foot of the Lickey Hills ideal for those who enjoy walking.Tenure: LEASEHOLD (78 years remaining)Annual Ground Rent: £120.00Annual Service Charge: £120.00Council Tax Band: AEPC Rating: DAuctioneers Note:This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional. IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QBV250010/2BrochuresWeb Details