*Guide | £80,000 - £100,000 (plus fees)
- Flat
- 1 Bedroom
- Tenure: See Legal Pack
Call the team on 024 7652 7789 for more information
Well presented 1 bedroom first floor apartment with open plan living and ensuite to bedroom. Within a secured gated area with allocated parking. Located in the heart of Balsall common with access to all local amenities. Leasehold with 116 years remaining. Potential to achieve a yield circa 11%, Ideal investment opportunity.
Tenure
See Legal Pack
ACCOMMODATION
FIRST FLOOR Hallway Kitchen / lounge: 15 ft 9 in x 12 ft 4 in Bedroom: 11 ft 9 in max x 11 ft Plus ensuite
OUTSIDE
Allocated parking space
SERVICES AND HEATING
Electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) Electric heating.
EPC RATING - C
COUNCIL TAX BAND - A
TENURE
Leasehold with vacant possession Term: 125 years from 25th December 2017 Ground rent: £70 per 6 months Service charge: £1,400 per 6 months
ADDITIONAL COSTS
Administration Fee: £1,440 (£1,200 plus VAT) Buyers Premium: £1,440 (£1,200 plus VAT) Please see the legal pack for any further costs.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
