2 bedroom Apartment in Birmingham

3 Boundary Road, Birmingham, West Midlands B23 6GN
  • Lot No: 23
  • Property Type: Apartment
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £90,000+ plus fees

Result Sold After Auction

Property Description

A modern two bedroom ground floor apartment located in a development which provides convenient access to Erdington High Street, Doctors, public transport and the motorway network. The property is currently tenanted to a long standing tenant under an assured shorthold tenancy agreement at £525 pcm / £6,300 pa, however if the buyer should undertake a rent review, inline with current rental market conditions the rent could increase to £825 pcm /£9,900 pa. The auctioneer hasn't inspected the property but we believe it to comprise of a hallway, lounge, kitchen two bedrooms and a bathroom.

Note

Please be advised the auctioneer has not personally inspected the property and viewings will not be available prior to auction. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Note

Length of lease: TBC Current ground rent: TBC Ground rent review period: TBC Current service charge: TBC Service charge review period: TBC This information should be clarified in the legal pack and we’ll update the information above when we receive it.


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 29th September 2022

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

3 Boundary Road, Birmingham, West Midlands B23 6GN