For sale by Modern Method of Auction: Starting Bid Price £1,800,000 plus Reservation Fee.
A rare chance to acquire this investment opportunity ideally located close to Aldridge centre, amenities, shops, schools and transport links including M6 Toll, A38, bus and rail links. This modern apartment block consists of 8 two bedroom apartments with ensuites and 2 stunning spacious ground floor four bedroom apartments. Apartments also benefits from having gas fired central heating, double glazing, allocated parking bays, secure communal entrance and gardens. All apartments are currently tenanted. Freehold to be included in the sale. Please call us today to arrange a viewing and request further information.
The apartment block is set over three floors, with 2 four bedroom apartments and the ground floor. There is 4 two bedroom apartments located on the first floor and a further 4 two bedroom apartments located on the top floor.
The two bedroom apartments consist of; entrance hall, two bedrooms, ensuite bathroom and open plan lounge/kitchen and dining room.
The ground floor four bedroom apartments consist of; entrance hall, four bedrooms, open plan lounge/dining room and kitchen, main bathroom and ensuite.
This property is for sale by Green & Company Ltd powered by iamsold Ltd.
The property is for sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and the Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Fixtures and fittings as per sales particulars.
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|Property Type||1 Bed||2 Beds||3 Beds||4 Beds||5 Beds|
|Houses||-||£227,500 (2)||£275,667 (15)||£429,091 (11)||£442,500 (4)|
|Flats||£120,833 (3)||£121,237 (8)||-||-||-|
|All||£120,833 (3)||£142,490 (10)||£275,667 (15)||£429,091 (11)||£442,500 (4)|