2 bedroom Ground floor flat in Birmingham

Flat 6, Chester Hayes Court, 874 Chester Road, Erdington, Birmingham, B24 0EL
  • Lot No: 7
  • Property Type: Ground floor flat
  • Contract Type: Unconditional with Fixed Fee
Waller & Farnworth

Guide Price* £60,000+ plus fees

Result Sold at Auction £65,000

Property Description

A two bedroomed ground floor flat located along a major commuter route between Jaguar Land Rover and Sutton Coldfield. It has a potential rental of £650 pcm once let, which would provide a return of 13% based on the current guide price.

Lounge

15’8 x 12’5


Kitchen

12’4 x 12’5


Utility

6’1 x 3’10


Two Bedrooms

Bedroom One - 12’5 x 12’0 Bedroom Two - 11’1 x 6’7


Bathroom

7’5 x 5’5


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 25th March 2020

Venue Birmingham Auction at 11.30am
The Birmingham auction will now be broadcast live online with remote bidding only. Please visit the homepage of our website to submit a bid.,

Lot Information

Contact Us

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

Map

Flat 6, Chester Hayes Court, 874 Chester Road, Erdington, Birmingham, B24 0EL