2 bedroom apartment for sale

Auctioneer Comments:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

A high spec development by the developer Seven Capital, 1 Hagley Road is a meticulous modernisation of 271 apartments occupying a prime site in Birmingham. This landmark building is situated among the business and leisure neighbourhood of Birmingham City Centre.

The property is for investors only as it is tenanted until July 2025 achieving £1,050pcm.

Each apartment has been crafted in both layout and specifications. The emphasis is on the luxury design and the clean contemporary lines without compromising attention to detail. The apartment comes with an allocated parking space.

Apartment specifications provide superb, generously proportioned open plan designs. They include a fully integrated kitchen with appliances, wood flooring and custom designed cabinets for the kitchen. There is a also a secure parking space within the development.

Apartment specifications include:

* Audio & visual intercom system.
* Low energy LED downlighters to kitchen area and bathrooms.
* Mode lighting system to living area.
* Vari - temperature whole house ventilation system, with high efficiency whole house heat recovery system.
* Full floor, and full height wall tiling from Porcelanosa to bathrooms and wc's.
* Fully integrated kitchen appliances to include washer/dryer, oven, hob, extractor, dishwasher and fridge/freezer.
* Walnut veneered flooring in all living areas.

ROOMS:
Hallway
Storage Cupboard
Lounge/Kitchen
Bathroom
Bedroom One
Bedroom Two

LEASEHOLD INFORMATION:
Service charge - £2,687 pa
Ground rent - £300 pa
Lease length - 112 years from 31st Jan 2014

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.