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Apartment 67 Skyline, 165 Granville Street, Birmingham, B1 1JW

Lot no: 54 Sold Prior to Auction
 

Guide Price £150,000+ 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 30th July 2020

10.30am
Key Features
  • Two bedroomed ground floor apartment
  • Residential investment - let producing £795 pcm
  • Concierge service
  • Close to The Mailbox and Grand Central Station
  • EPC Rating: D
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Sold Prior to Auction

Ground floor flat

Property Description:

A well presented two bedroomed ground floor apartment in the Skyline development located on Granville Street and within close proximity to The Mailbox and Grand Central Station. The property benefits from an outside terrace area and a concierge service. We understand there is a service charge of £2,200 per annum. Further lease details will be provided within the legal pack.

We have been informed that the vendor has served notice on the tenant and the tenancy is scheduled to end on 12th July, therefore the property will be sold with vacant possession from this date on.

The Auctioneers have not inspected the property but believe it to comprise

Ground Floor:
Entrance Hall
Contemporary Open Plan Lounge/Kitchen

With built in appliances

Master Bedroom
En-Suite Shower Room
Double Second Bedroom
Modern Fitted Family Bathroom
Tenancy Details:

We understand the property is let on an Assured Shorthold Tenancy at £795 pcm. We have been informed that the vendor has served notice on the tenant and the tenancy is scheduled to end on 12th July, therefore the property will be sold with vacant possession from this date on.

Tenure:

Leasehold.


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.

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