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Apartment 56 Avoca Court, 142 Cheapside, Birmingham, B12 0PR

Lot no: 56 Re-entry to a future auction
 

Guide Price £128,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 30th July 2020

10.30am
Key Features
  • Well presented fourth floor apartment
  • Secure parking space
  • Excellent first time buy or investment opportunity
  • Convenient location in the Digbeth area of Birmingham city centre
  • EPC Rating: B
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Re-entry to a future auction

Apartment

Property Description:

A well presented 4th floor apartment in the Avoca Court development in Digbeth. The property briefly comprises of an entrance hall, open plan lounge and kitchen with built-in appliances, master bedroom, double second bedroom and a modern fitted family bathroom. Also with the added luxury of a secure parking space and being within close proximity to the amenities of the city centre. Excellent first time buy or buy to let investment opportunity.

Ground Floor:
Entrance with access to -
Fourth Floor Apartment:

Entrance Hall

Open Plan Lounge/Kitchen

5.51m x 3m
With built-in appliances, patio double glazed door opening onto a Juliette balcony, double glazed window, electric heater, laminate flooring and spotlights.

Master Bedroom

4.7m x 2.69m
Double bedroom with double glazed window, electric heater, carpeted flooring and ceiling light.

Bedroom

4.29m x 2.59m
Double bedroom with double glazed window, electric heater, carpeted flooring and ceiling light.

Bathroom

(2.3m x 1.9m)
Low level WC, panelled bath with mixer tap, shower over bath, pedestal sink with mixer tap, extractor fan, shaving point and spotlighting.

Outside:

Secure parking space

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 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.