Warwick Road, Tyseley B11 2EL

£52,000
Flat
2 Bedrooms
1 Bathroom
1 Reception
KEY FEATURES:
  • INVESTORS ONLY - TENANT IN-SITU
  • CURRENT INCOME OF £6840PA
  • TWO DOUBLE BEDROOMS
  • POPULAR LOCATION
  • 83 YEARS REMAINING ON LEASE
  • SERVICE CHARGE APPROX £600PA
  • GROUND RENT APPROX £30PA

Warwick Road, Tyseley B11 2EL

***FOR SALE BY ONLINE AUCTION - STARTING BIDS £52,000 - TERMS & CONDITIONS APPLY***TENANT IN-SITU GENERATING INCOME OF £6840PA*** Perfect for investors, this large two bedroom, top floor flat briefly comprises of double glazing throughout, fitted kitchen and bathroom with electric shower, large lounge and two double bedrooms.

Lounge - 3.91m x 3.69m (12'10" x 12'1") - Carpeted, two double glazed windows to front, fireplace with electric fire, electric radiator

Kitchen - 3.56m x 1.82m (11'8" x 5'11") - Vinyl flooring, double glazed windows to side & rear, range of modern fitted units with worktops over, stainless steel sink & drainer, built-in cupboard housing hot water tank

Bedroom 1 - 3.89m x 3.87m (12'9" x 12'8") - Carpeted, double glazed window to rear, built-in wardrobes, electric radiator

Bedroom 2 - 2.07m x 3.58m (6'9" x 11'9") - Carpeted, double glazed window to front, built-in storage

Bathroom - 2.38m x 1.52m (7'9" x 4'11") - Vinyl flooring, double glazed window to rear, white fitted suite with WC, hand basin and bath with electric shower over, heated chrome towel rail

Tenure The agent has been informed that the property is offered leasehold however any interested party should obtain confirmation of this, along with any ongoing associated costs such as ground rent and service charges, via their own solicitor or legal representative. Any costs stated in these particulars have been provided by the vendor and have not been verified by the agent.

Viewings Viewings are strictly by appointment only via Archer Bassett.

Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

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