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Guide Price: £165,000.00

Modern Method of Auction

Flat 1 , 17 Key Hill Drive , Birmingham , B18 5NY

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CURRENT BID*

£155,000.00

(Place a bid)

AUCTION CLOSED

Lot Number: 57336959

Property ID: 74246690

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £155,500.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

£

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Guide Price

£165,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

2

Tenure

Leasehold Property

Address

Flat 1

Key Features

• Sold With Tenants In Situ
• Ideal Investment Opportunity
• One Allocated Parking Space
• Spacious Two Bedroom Apartment
• Short Walk From Local Amenities And Birmingham City Centre
• Good Condition Throughout
• Character Features Including Large Windows And Stripped Brickwork
• Buyers Fee Applies
• Auction Pack Available On Request

Description

Great Investment Opportunity!

Buy to Let Investors - A well presented, spacious two bedroom apartment, located on the edge of the sought after Jewellery Quarter.

The property benefits from a large living area, modern white kitchen, two double bedrooms, ensuite bathroom and four piece main bathroom, neutral decoration throughout.

Residents have access to one parking space in the gated car park.

The apartment has been successfully rented for the last few years and is offered with current tenant in situ, so immediate rental income upon completion of purchase.

Leasehold
Years remaining on the lease - 243 years left
Ground rent - £200 per year
Annual service charge - £2174.40

Modern Terms & Conditions -

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE.
Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: B18 5NY

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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