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£144,000

Bath Row, Birmingham, B15

  • 2 beds
Flat

£144,000

  • 2 beds
Flat
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Buy with a mortgage
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Estimate monthly mortgage payment:

£657 per month

Minimum deposit amount:

£7,200
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*** Auctioneer Comments ***


This property is for sale by the Modern Method of Auction.

Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangement

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Explore this spacious 2-bedroom third-floor apartment, accessible via communal lift and stairways. Enjoy secure parking with an allocated space. Inside, discover an own entrance hall, lounge, kitchen with integral oven and hob, two double bedrooms (main with en-suite), bathroom, double glazing, gas central heating, and a balcony. The property offers vacant possession, no upward chain, and potential rental income up to £1100 pcm.

Conveniently located within a mile radius of Sunset Park, Fiveways Shopping Centre, New Street train station, Bull Ring Shopping Centre, restaurants, bars, and the Mailbox. Prime location-viewing highly recommended.

Council Tax Band: B (Birmingham City Council)
Tenure: Leasehold (129 years)
Ground Rent: £100 per year

Communal Areas
Accessed via a secure communal entrance, this third floor apartment is approached via a communal lift or the staircase.

Hall
From the communal entrances leading to the apartment, front door opens into the apartments own entrance hallway having two ceiling light points, central heating radiator, store cupboard housing the central heating boiler, second store cupboard, laminate wood effect flooring and doors to

Open Plan Living/Kitchen Area w: 3.66m x l: 3.43m (w: 12' x l: 11' 3")
From the living area having double glazed doors opening out to the balcony, double glazed window, ceiling light point, two central heating radiators, laminate wood effect flooring and through to the



Kitchen w: 2.35m x l: 2.15m (w: 7' 9" x l: 7' 1")
The kitchen area

Kitchen area having a range of base and wall mounted units, work surfaces, integrated one and a half drainer sink unit, splashback tiling to the main walls, electric oven, hob and extractor hood above, space for fridge freezer, tiled effect flooring and ceiling light point.

Bedroom One w: 2.94m x l: 4.55m (w: 9' 8" x l: 14' 11")
From the hallway door leads through to the main bedroom having double glazed doors leading out to the balcony, double glazed window, ceiling light point, central heating radiator, laminate wood effect flooring, and door to

Shower Room w: 2.61m x l: 1.59m (w: 8' 7" x l: 5' 3")
Shower En-Suite complete with shower, wash hand basin, w.c., splashback tiling to the main walls, heated towel rail, tiled effect flooring, ceiling light point and extractor.

Bedroom Two w: 3.31m x l: 3.43m (w: 10' 10" x l: 11' 3")
Having double glazed doors leading out to the balcony, double glazed window, ceiling light point, central heating radiator and laminate wood effect flooring,

Bathroom w: 2.93m x l: 1.57m (w: 9' 7" x l: 5' 2")
Fitted with a white suite having panelled bath, w.c., wash hand basin, splashback tiling to the main walls, tiled effect flooring, heated towel rail, ceiling light point and extractor

Outside
The apartments are accessed via secure entrances which includes gated entrance to the car park to rear via Longleat Avenue. There is one allocated parking space to apartment 26.

Services
The apartment is fully double glazed and gas centrally heated.

Tenure
We understand the property is leasehold.
Date : 4 April 2005
Term : 150 years from 1 October 2003
Annual Ground Rent £100 (paid to March 2024)
** Service Charge Paid Every 6 Months £4,131.93

** The most recent service paid for months April 2024 - September 2024 saw a significant increase due to new boiler installations. The seller informs minus the inflated service charge, it is understood it would have been £3,771.59.

The service charges are subject to change. We would recommend speaking with the marketing agent or Iamsold for further clarification.
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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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