2 bedroom Ground floor flat in Birmingham

Flat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN
  • Lot No: 37
  • Property Type: Ground floor flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £90,000+ plus fees

Result Sold at Auction £100,000

Property Description

This two bedroomed apartment is a perfect investment as within two minutes walk you can access Broad Street, NIA, ICC and Brindley Place with its bars, restaurants and the Canal network. The potential rental return is £9,600 per annum which is in excess of a 10% return based off the Guide figure. The property benefits from gas central heating and we understand permit parking is available, together with up to date gas and electric certificates.

Lounge & Kitchen

15 ft x 11 ft 11


Bedroom One

13 ft 10 x 8 ft 11 both max


Bedroom Two

12 ft 3 x 8 ft 1


Bathroom

6 ft 3 x 5 ft 2


Storage Area

10 ft x 3 ft 8


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 Fixed Fee. 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 fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT 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 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.

Auction Details

Date 24th June 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

Flat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN