Studio for sale in Latitude Apartment, Bromsgrove St B5

This property is for sale by Modern Method of Auction powered by iamsold ltd - Starting Bid £92500 + Reservation Fee

Well Presented Studio apartment within Minutes walk to New Street Train Station, Bullring Shopping Centre, with restaurants and entertainment venues right at your own door step. You can be the centre of it all when you live in this modern city pad. Viewing is highly recommended to apricate what this property has to offer.

Entrance hall Decent size hallway upon entrance to the property.

Modern fitted kitchen Work surfaces with integrated appliances including oven, fridge and freezer. Sink integrated into work surface with drainer, wood effect flooring.

Living/ bed room Good size living space featuring diner area and electric heating with wood effect flooring throughout.

Large Double Bedroom space featuring double glazed windows with electric heating and wood flooring throughout.

Bathroom Shower over bath, electric heated towel rail, W/C, pedestal hand wash basin.

Property info Ownership- 100%
Tenure- Leasehold. We are advised by the vendor that there is approx.109 years remaining on the current lease.
Service Charge- We are advised by the vendor that the current service charge is approx. £1460.00 per annum.
Ground Rent- We are advised by the vendor that the current ground rent is approx. £230.00 per annum.
* Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.

Services- Mains Water, mains electricity and mains drainage
Local Authority- Birmingham City Council, Council House, Victoria Square, Birmingham, B1 1BB
Council Tax Band- B

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Essence has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Essence has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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.