Maisonette
A two bedroom first floor maisonette in a popular cul-de-sac location off Chester Road, Erdington.
The property requires extensive refurbishment and represents a blank canvas for improvement.
Comprising of two good size bedrooms, lounge, kitchen, bathroom, loft area, ground floor storage cupboard and garage in a separate block close by.
Ideal location for an owner occupier or buy to let. There is good access to a local park, commuter routes and public transport. Pype Hayes Public Park with Play Park and municipal tennis courts are within 850m/0.5 miles. Various shops and amenities, multi-directional commuter routes, bus connections and Chester Road Cross City Line Rail Station are within 1.4km/0.9 miles.
43 years remaining on the lease. We have been informed the ground rent is currently £45 per annum, rising to £60 per annum in 2035 for the remainder of the lease. Service charge is £93 per year. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Construction Material: Brick. Heating: TBC. Broadband Coverage: Standard, Ultrafast and Superfast. Mobile signal: O2, Vodafone, EE and Three. Satellite and Cable: BT and Sky.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
43
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Garage, On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.
