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2 bed Flat For Sale £120,000
Birmingham Road, Marlbrook, Bromsgrove B61


Description
*** new instruction *** cash buyers only due to the remaining term of the lease*** being sold via the modern method of auction, terms and conditions apply - auction guide price - starting bids £120,000 - view - bid - buy *** A two double bedroom first floor apartment situated in the desirable location of Marlbrook which in our opinion would be an ideal purchase for buy to let investors looking to further their rental portfolio's. The accommodation briefly comprises of a secure communal entrance, stairs to; entrance hall, kitchen, spacious lounge, two double bedrooms, bathroom/WC and loft space. Externally there is communal parking, communal gardens and a garage which is located in a separate block to the rear of the property. Ideally situated for easy access on to both the M5 & M42 Motorways we would strongly advise any interested parties to seek an immediate internal viewing to fully appreciate the potential this property really has to offer. EPC rating = D.

Location

Situated in the Marlbrook district to the North of Bromsgrove Town Centre this property is ideally located for those purchasers looking for convenient access to both the M5 and M42 motorways and the varied amenities of Bromsgrove Town Centre are located just 2.5 miles away.

Our View

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, I am sold.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 inc VAT. The Reservation Fee is paid in addition to 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 I am sold and provide proof of how the purchase would be funded.This 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 £300.00 including VAT towards the preparation cost of the pack, where it has been provided by I am sold.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.The information below has been supplied by our vendor. Any interested parties must ask their chosen legal representation to verify this information prior to exchange of contracts.The Agent understands that the property is leasehold with a share of the freehold.Length of lease is 40 years approximately.Charges are £35 per month to include buildings insurance and garden maintenance

Communal Entrance

Entrance Hall

Lounge (3.85m x 4.00m)

Kitchen (1.84m x 2.94m)

Bedroom (3.45m x 4.43m)

Bedroom (2nd) (2.92m x 3.34m)

Bathroom / WC (1.87m x 1.93m)

External

Off Street Parking

Communal Garden

Garage

Important Note To Potential Purchasers:

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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