Newton Road, Great Barr, Birmingham
- For Sale By Modern Method Of Auction Starting Bid £80,000 Plus Reservation Fee
- Second Floor Flat
- Fitted Kitchen
- Lounge With Balcony
- Two Double Bedrooms
- Bathroom With Shower
- Double Glazing (where specified)
- Electric Heating (where specified)
- Popular Residential Location
- Viewing Advised
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% subject to a minimum of £6000 including VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal 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. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by Green & Company powered by iam-sold Ltd" or "iam-sold Ltd". TO VIEW OR MAKE A BID - Contact "Green & Company".
The Agent understands that the property is leasehold with approximately 130 years remaining. The service charge is approximately £2072 per annum and the ground rent is approximately £100 per annum. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.
FIXTURES AND FITTINGS as per sales particulars.
GREEN AND COMPANY has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitors or Surveyor.
Please note that all measurements are approximate.
If you require the full EPC certificate direct to your email address please contact the sales branch marketing this property and they will email the EPC certificate to you in a PDF format.
Energy Ratings (EPC)