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Apartment 257 Southside, St Johns Walk, Birmingham, B5 4TL

Lot no: 75 Re-entry to a future auction
 

Guide Price £178,000+ 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.

Friday 18th December 2020

10.30am
Key Features
  • Beautifully presented two double bedroomed apartment
  • Two bathrooms and two internal balconies
  • Secure allocated parking and concierge
  • Situated in the very popular Southside development in the China Town area of Birmingham City Centre
  • EPC Rating: B
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Re-entry to a future auction

Apartment

Property Description:

**TWO INTERNAL BALCONIES** **EXTRA STORAGE CUPBOARDS** This beautifully presented two bedroom two bathroom apartment in the very popular Southside development in the China Town area of Birmingham City Centre. Recently redecorated and briefly comprises of entrance hall, open plan lounge and kitchen with internal balcony, master bedroom with en-suite shower room, double second bedroom and a modern fitted family bathroom suite. Also with the added benefits of secure allocated parking and a concierge service.

Located in the popular Southside development in Birmingham City Centre just a short walk away from amenities such as Grand Central train station and The Bullring. Early viewing is advised to avoid disappointment.

Hall 14'1" x 4' (4.29m x 1.22m)

Entrance hall with secure intercom entry system, two built-in storage cupboards offering excellent storage space, electric heating and ceiling lights.

Kitchen 11'10" x 7'8" (3.6m x 2.34m)

Granite effect work surface, built-in wall and base units, stainless steel sink with drainer, integrated electric oven with integrated electric hob and over hob extractor canopy. Electric heater, tiled flooring and ceiling light.

Living Room 28'2" x 11'1" (8.59m x 3.38m)

Double glazed windows with internal balcony, electric heater, carpeted flooring and ceiling light.

Master Bedroom 16'8" x 11'9" (5.08m x 3.58m)

Double bedroom with double glazed windows around internal balcony, electric heater, carpeted flooring and ceiling light.

En-suite 7'3" x 5'7" (2.2m x 1.7m)

Low level WC, double enclosed shower, wash hand basin, extractor fan and shaving point. Heated towel rail, tiled flooring and ceiling light.

Bedroom Two 12'5" x 8'10" (3.79m x 2.69m)

Double bedroom with double glazed window, electric heater, carpeted flooring and ceiling light.

Bathroom 7'10" x 6'7" (2.4m x 2m)

Low level WC, panelled bath with mixer tap, shower over bath, wash hand basin with mixer tap, extractor fan and shaving point. Heated towel rail, tiled flooring and ceiling light.

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.