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Apartment 11, Boxworks, 35 Tenby Street North, Birmingham, West Midlands B1 3EG

Lot no: 17 Sold at Auction for £167,000
 

Guide Price £115,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 2nd November 2017

11.30am
Key Features
  • Purpose built third floor apartment with allocated parking
  • Two bedrooms and two bathrooms
  • Jewellery Quarter Location
  • Secure communal entrance, lift and intercom system
  • EPC Rating: C
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Sold at Auction for £167,000

Flat

Property Description:

The apartment comprises of hallway, lounge, kitchen, master bedroom with en-suite shower room, further bedroom and a bathroom with a three piece suite and allocated parking.

The building has a secure communal entrance with a lift and intercom system.

Located within close proximity of the Jewellery Quarter and Birmingham City Centre.

Lease Details

125 years from 9 October 2003

Service Charges

We understand from the sellers solicitor that the service charges are £168 per month and there is no ground rent payable.

Tenure:

Leasehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.