1 Bedroom Maisonette

** GREAT INVESTMENT OPPORTUNITY ** CASH BUYERS ONLY ** TENANT IN SITU ** 11% YIELD ** SOLD VIA MODERN METHOD OF AUCTION **

Oakmans are delighted to offer another great investment property to the market situated on the highly popular Cross farm road, Harborne. The property boasts no upward chain and benefits from having a fantastic return on investment, being within walking distance to the QE hospital and well proportioned accommodation throughout.

The property briefly comprises stairs to landing, lounge, kitchen, family bathroom and double bedroom.

Property type: Maisonette
Tenure: Leasehold
Council Tax Band: A
EPC Rating: D
Construction Type: Non-standard construction
Parking Arrangements: On street parking
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Electric
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No
Accessibility Adaptations: No
Service charge: £110 per annum
Ground rent: £5 per annum
Years left on lease: 92 years

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Call Oakmans today!