Flat for sale in Birmingham B24, 1 Bedroom

Summary
**perfect investment oppurtunity** First floor flat situated in popular area of Erdington. Potential rental income of £550pcm. Property must be viewed to appreciate the space on offer. Added advantage of no upwards chain.

Description
**perfect investment opuurtunity** Perfect opportunity to acquire this first floor flat in a popular area of Erdington. Having easily accessible transport links such as M6 Mortroway and Spaghetti Junction in close proximity. Property comprises of one double bedrooms, living/diner, kitchen and bathroom with separate WC. Externally the property has communal parking for residence.

Entrance Hall
Having door to front and wall mounted heater.

Lounge/diner 14' 8" x 11' 2" ( 4.47m x 3.40m )
Having two double glazed windows, electric fire with surround.

Kitchen 8' 7" x 7' 9" ( 2.62m x 2.36m )
Fitted kitchen with wall and base units, window, sink/drainer integrated in work surface with splash back tiling. Plumbing for washing machine, space for fridge/freezer, plus pantry.

Bedroom One 8' 8" x 14' 1" ( 2.64m x 4.29m )
Having window and wash hand basin.

Bathroom
Bath with shower over. Wash hand basin & Ex.Fan.

Seperate WC.

Vendor Notes
Vendor is in the process of extending the lease.

Currently 54 years on the lease will be extended to 90 years.

Action Disclaimer
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of £6,000 inc VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.