Maisonette for sale in Birmingham B18, 2 Bedroom

For sale by the modern method of auction. Guide Price £85,000

Property currently tenanted with the potential of achieving 7% gross yield.
This is an ideal investment opportunity or will suit first time buyer. This well-presented two double bedroom end-terraced Maisonette is situated in a popular residential location within the Winson Green vicinity, close to the Birmingham city hospital, Birmingham city centre, local schools, and good transport links.

The property comprises of 2 spacious double bedroom, reception, Fitted kitchen and dining area, bathroom with shower over bath. Further benefiting from having newly installed boiler, gas central heating, double glazing, front drive and a rear generous land which can be used as garden. Viewing is essential to appreciate the accommodation on offer!

Approach
Having stairs with banister, carpeted flooring and a upvc front door.

Reception Room
3.55m x 3.9m
Having a ceiling light point, panelled radiator, laminated flooring and a double glazed window to the front elevation.

Kitchen
3.18m x 4.27m
Having a ceiling light point, panelled radiator, wall and base units with worktop over, stainless steel sink with hot and cold taps over, fitted cupboards, carpeted flooring and double glazed windows to the rear elevations.

Landing
Having ceiling light points and laminated flooring.

Bathroom
2.01m x 1.97m
Having a ceiling light point, panelled radiator, hand wash basin, bath tub with hot and cold taps over also electric shower over, white wall tiles, fitted cupboard and double glazed window to the rear elevation.

Bedroom One
4.36m x 2.71m into alcoves
Having a ceiling light point, panelled radiator, laminated flooring and a double glazed window to the front elevation.

Bedroom Two
2.72m x 2.75m
Having a ceiling light point, laminated flooring and a double glazed window to the front elevation.

Leasehold term 125 years from June 2004
Annual service charge £135


property misdescriptions act 1991 For clarification, Agenthouse Agents wish to inform prospective purchasers, that we have not carried out a detailed survey, nor have we tested any of the appliances or heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings.

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 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 £6,000.00 including 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 being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by iam Sold. Reservation Fee is in addition to the final negotiated selling price.