***FOR SALE VIA MODERN METHOD OF AUCTION*** AUCTION ENDS ON THURSDAY 12TH JANUARY AT 12PM TWO GENEROUS BEDROOMED GROUND FLOOR MAISONETTE in popular residential location. MODERNISATION & IMPROVEMENT needed, however offers excellent potential and is offered for sale on a NO CHAIN BASIS. EP Rating D.
IMPORTANT INFORMATION BELOW RELATING TO THE TERMS AND CONDITIONS OF THIS AUCTION
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.
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. 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 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 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 £300.00 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.
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the iamsold will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
Kings Norton, Birmingham, dates back to 13th Century and still retains some of its early ''village character' particularly around The Green. Today, The Green is a hive of activity with a wide variety of shops, businesses, a monthly Farmer's market and the renowned ''Mop Fair' takes place in October every year. Kings Norton boasts a number of popular schools including St Joseph's and Kings Norton Primary School and St Thomas Aquinas Secondary School as well as the much sought after Kings Norton Girls' and Boys' School. It further benefits from having its own railway station located on Pershore Road, a regular bus service operating along Pershore Road and easy access to Junction 2 of the M42. Other facilities include Kings Norton Business Centre which contains over 80 companies employing some 1250 people, Kings Norton Park and Library and Wast Hills Driving range, pitch & putt and a 9 Hole Par 3 course.
* Ground Floor Maisonette
* Popular Location within close proximity to West Heath Hospital, road & public transport networks, and other local amenities
* Side Entrance to Porch, leading to good sized Reception Hallway
* Kitchen to the Front with one and a half bowl stainless steel sink & drainer unit, four ring gas hob, oven & grill, with a range of wall and base cupboards for storage
* Large Living Room with sliding doors to Side & Rear Garden
* Two Good Sized Bedrooms with fitted wardrobes to Bedroom Two
* Bathroom with white suite to include WC, wash hand basin and bath with chrome shower fitment over
* Shared Foregarden with Path leading to the Entrance
* Private Garden to the side & rear
The Agent understands this property is Leasehold with 125 years from 1989, so 92 years unexpired.
The Agents are advised that there is a Ground Rent payable of approx. £160 per annum to Birmingham City Council.
It should be stressed that these figures have not been verified and prospective purchasers should satisfy themselves as to the amount of these charges via their Solicitor prior to legally committing to purchase.
HEATING AND GLAZING
There is gas fired central heating in the Property with a Vaillant combination boiler located in Kitchen Cupboard serving the hot water and heating systems.
There is UPVC double glazing installed externally to the Property.
Kitchen (Front) 3.07m x 2.74m (10'1" x 9')
Living Room (Front) 5.50m x 2.77m (18'1" x 9'1")
Bedroom One (Rear) 3.96m x 2.77m (13' x 9'1")
Bedroom Two (Side) 3.05m x 2.72m (10'0" x 8'11")
Bathroom 1.83m x 1.55m (6'0" x 5'1")
Front - Having shared Foregarden and path to Side Entrance
Rear - Having Side & Rear mainly slabbed garden