1 bedroom flat for sale

Overview

Dixons are pleased to present this one bedroom flat in Erdington. The property would be ideal for an investor as would rent out for around £650 pcm and is available to cash buyers as there are 49 years remaining on the lease. The property is well-presented and accommodation briefly comprises; living room, kitchen, bedroom and a family bathroom. Early viewing is highly recommended to avoid disappointment.Auctioneer CommentsThis 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 theAuctioneer, iamsold LimitedThis method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyerssolicitor. 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 priceincluding 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 aspart of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identificationverification 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 everythingyou need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the ReservationAgreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards thepreparation 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 For more details and to contact: https://realtyww.info/flats_birmingham-d196342/for-sale_i70753393

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