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1 Bedroom Flat, Handsworth Wood, B20 2SJ

Honeswode Close, Birmingham B20 2SJ, UK

Auction Starts

December 10, 2019 12:00 pm

Auction Ends

December 12, 2019 1:30 pm

(Unless Sold Prior)

  • To do so, please contact the auction team and put forward your absolute best bid. As you are asking the seller to close the auction early your offer should be very strong, at the top end or above the guide price. If all terms are agreed, the purchase will adhere to auction rules and terms of the sale.

Guide Price

£ 57,500+

(Fees Apply)
The sale of this lot is subject to an auction administration fee, the greater of £2,500 + VAT or 1.75% +VAT of the purchase price.
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  • Leasehold
  • 1 Bedrooms
  • 1 Reception Room
  • 1 Bathrooms
  • Communal Gardens
  • Investment Property
  • Parking Space
My World Estates
01212851986

126 High Street, West Bromwich, UK, B70 6JW

  • Leasehold
  • 1 Bedrooms
  • 1 Reception Room
  • 1 Bathrooms
  • Communal Gardens
  • Investment Property
  • Parking Space
My World Estates
01212851986

126 High Street, West Bromwich, UK, B70 6JW

26 Honeswode Close, Handsworth Wood, Birmingham B20 2SJ

GUIDE PRICE- £57,500+

A LEASEHOLD RESIDENTIAL INVESTMENT

 

Property Description

A one bedroom, first floor flat. The property has its own private entrance from the ground floor and consists of one double bedroom, reception room, modern fitted kitchen and bathroom.

The flat benefits from off-street parking and a large shared communal garden.

Situated on Honeswode Close, you are a short walk from Handsworth park and the Leisure centre. Benefiting from excellent public transport links to Birmingham City Centre.
 

 

We have been advised of the following information (please confirm this with your legal representative):

Service Charge: £544.00 per annum

Ground Rent: £10.00 per annum

Lease Length: 95 Years remaining (125 years from 25th March 1989)

The property is currently rented at a rent of £500pcm on an AST agreement. 

 

Tenure

Leasehold - See Legal Pack

 

Energy Performance Rating

See Legal Pack

 

Auctioneers Note

The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000.

The completion period for this property is 8 weeks (56 days)

 

Starting Bid and Reserve Price

*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction

 

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.

No floor plan added.
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