Solihull Heights, New Coventry Road, Solihull, B26 3BB

Property Details: • Type: Studio • Tenure: N/A • Floor Area: N/A

Key Features: • Auction Date: 30.01.2025 10:00am • Very Well-Presented Modern 2nd Floor Studio Apartment • Rental Potential £750 Per Month • Allocated Parking Space • Gated Entrance • Open Plan Kitchen/Lounge/Dining/Bedroom Area • Separate Bathroom • Lifts To All Floors & Video Intercom System • Long Lease • EPC Rating B Council Tax Band A

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

Agent Information: • Address: 15 St. Johns Way, Knowle, B93 0LE

Full Description: For sale on 30th January 2025 The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction. The auction will commence at 10:00.

This very well presented 2nd floor studio apartment which is located along the Coventry Road close to Aldi. Built in 2013 the accommodation comprises of gated entrance with private allocated parking space, security door with video display, the communal entrance has stairs and lifts to all floors, double glazed windows and electric heating, hallway with storage space, open plan living room and kitchen/breakfast room with appliances and family bathroom with no upward chain.

A great opportunity to purchase an apartment situated in a popular residential building in Sheldon.

The apartment has the benefit of being sold with no chain. This would be a great opportunity for first time buyers or investors.

Property Location - Situated in a convenient residential location having access to local amenities such as shops and restaurants, it offers good travel links to Solihull, Birmingham City Centre, the A45 and M42.

Kitchen/Lounge/Dining/Bedroom area 19' 4" x 17' 11" (5.89 x 5.47m)

Bathroom 7' 2" x 7' 5" (2.19m x 2.26m)

Total Square Footage 365.4 sq.ft (33.9 sq.m) approx.

ADDITIONAL INFORMATION Services: water meter, electricity and mains sewers.

RENTAL VALUE: £750 per calender month

Tenure: Leasehold with 113 years remaining EPC Rating: B Council Tax Band: A

The service charge figures are as below. Service charge for the period of 1st November to 31st October.

Estate Service charge £133.26 Annual service charge £477.99 Ground Rent £200.00 Building insurance for the period of 26th September 2023 to 25th September 2024 £586.26

Terms: Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

* 5% deposit (subject to a minimum of £5,000)

* Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

MONEY LAUNDERING REGULATIONS Prior to a sale being agreed, prospective purchasers will be required to produce identification documents. Your co-operation with this, in order to comply with Money Laundering regulations, will be appreciated and assist with the smooth progression of the sale.BrochuresBidders RegistrationLegal Pack