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Flat 51 Qube, 12 Scotland Street, Birmingham, West Midlands B1 2EJ

Auction Event
 

Guide Price £145,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 29th May 2025

9.00am
Key Features
  • Council Tax Band: D
  • Prime location
  • Second floor apartment
  • Investment opportunity
  • EPC Rating: Awaited
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Apartment

Property Description:

The property comprises a second floor apartment within a five storey mixed use development with office accommodation on the ground floor and residential apartments on the upper floors. The property is of concrete framed construction with brick cladding surmounted by a multi-pitched insulated panelled roof. Windows are uPVC framed double glazed units with the front entrance comprising an aluminium powder coated framed glazed frontage with intercom system.

The property is accessed via a communal entrance at ground floor level with lift and stair access to the upper floor. We were unable to inspect the subject property internally, however we understand from Rightmove Plus that the property comprises a two bedroom apartment.

Externally, the property has an undercroft parking area as well as a Pay and Display on street parking area directly to the front elevation.

We are advised the property is tenanted however we have not had sight of a tenancy agreement and interested parties are advised to carry out their own diligence.



Leasehold Information

125 years from 28th June 2002. Ground Rent £150 per annum for the first 25 years of the term. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Flood Risk

Very low.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 17 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Subject to tenancy.


Utilities Information
  • Heating Supply: Electric, Double Glazing
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply


Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £3,000 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.