No longer on the market
This property is no longer on the market
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Map2 bedroom apartment
Virtual tour
Sold STC
Apartment
2 beds
1 bath
527 sq ft / 49 sq m
EPC rating: D
Key information
Tenure: Leasehold | 134 yrs left
Ground rent: £95 per annum | review period: unconfirmed
Service charge: £1,602.72 per annum
Council tax: Band B
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Leasehold (134 years remaining)
- Double Glazed Throughout,
- Close To Schools,
- Allocated Parking Space,
- Top Floor,
- Secure Entry,
- Fitted White Goods,
- Recently Refurbished Two Bedroom Apartment,
- Service Charge £1,,602.72 pa / Ground Rent £95 pa, Council Tax Band B,
- Currently Rented at £695 PCM
A perfect first home or buy-to-let investment opportunity, currently achieving a gross yield in excess of 7% and offering the potential for at least 8.3%
Located in Cradley Heath, this beautiful upper floor apartment is offered on a leasehold basis.
The property benefits from secure entry, allocated parking and communal gardens. The property is beautifully presented, having a fully integrated kitchen and a secure entry system.
*
A reservation fee, refundable on exchange, will be payable by the Buyer to Barrows & Forrester Property Group Ltd prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract.
This fee will be reimbursed upon Exchange of contracts.
In the instance the Seller withdraws from the sale the fee will be returned to the Buyer.
The fee will be retained by Barrows & Forrester Property Group Ltd to cover costs in the event the Buyer withdraws from the purchase or doesn't Exchange within 6 months of the fee being received other than as a result of:
1. Any structural or material issues arising from any survey that has not previously been disclosed. 2. A defect in the seller’s legal title.
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown.
4. The buyers chain falling through no fault of the buyer.
5. The vendor not securing a property in the allotted timeframe.
6. The vendor withdrawing the property from the market.
The reservation fee levels are as follows:-
-An agreed offer under £300,000 will be £750 inclusive of VAT.
-An agreed offer between £300,001 and £500,000 will be £1,000 inclusive of VAT.
-All agreed offers over £500,001 and £1,000,000 will be £1,500 inclusive of VAT.
-All agreed offers over £1,000,001 will be £2,500 inclusive of VAT.
The reservation fee is payable upon acceptance of an offer which itself is subject to an assessment of ability to proceed.
Any renegotiation of an accepted price after the issue of the Sales Memorandum for any reason not covered in points 1 to 6 above will lead to the reservation fee being retained.
A further fee will be payable on any subsequent reduced offer accepted by the vendor.
This will be returnable subject to the conditions that prevail for all reservation fees.
Located in Cradley Heath, this beautiful upper floor apartment is offered on a leasehold basis.
The property benefits from secure entry, allocated parking and communal gardens. The property is beautifully presented, having a fully integrated kitchen and a secure entry system.
*
A reservation fee, refundable on exchange, will be payable by the Buyer to Barrows & Forrester Property Group Ltd prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract.
This fee will be reimbursed upon Exchange of contracts.
In the instance the Seller withdraws from the sale the fee will be returned to the Buyer.
The fee will be retained by Barrows & Forrester Property Group Ltd to cover costs in the event the Buyer withdraws from the purchase or doesn't Exchange within 6 months of the fee being received other than as a result of:
1. Any structural or material issues arising from any survey that has not previously been disclosed. 2. A defect in the seller’s legal title.
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown.
4. The buyers chain falling through no fault of the buyer.
5. The vendor not securing a property in the allotted timeframe.
6. The vendor withdrawing the property from the market.
The reservation fee levels are as follows:-
-An agreed offer under £300,000 will be £750 inclusive of VAT.
-An agreed offer between £300,001 and £500,000 will be £1,000 inclusive of VAT.
-All agreed offers over £500,001 and £1,000,000 will be £1,500 inclusive of VAT.
-All agreed offers over £1,000,001 will be £2,500 inclusive of VAT.
The reservation fee is payable upon acceptance of an offer which itself is subject to an assessment of ability to proceed.
Any renegotiation of an accepted price after the issue of the Sales Memorandum for any reason not covered in points 1 to 6 above will lead to the reservation fee being retained.
A further fee will be payable on any subsequent reduced offer accepted by the vendor.
This will be returnable subject to the conditions that prevail for all reservation fees.
About this agent
Barrows & Forrester Property Group - Birmingham
19 Kenyon Forge, Kenyon Street
Birmingham
B18 6DH
0121 659 0570James and the team want to say hello and welcome to the estate agency operating across Birmingham, Lichfield and surrounding areas. We are here to do one thing and one thing only - deliver the service you are after, it's what we do. We're here to listen, take all your needs on board, offer advice and be generally who you need us to be so you get the service you deserve - what often starts out as a client relationships often turn into friendships.
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