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Guide price

£80,000

(£225/sq. ft)

Studio for sale
Jupiter, 58 Sherborne Street B16

    • 1 bath

    • 1 reception

    • 355 sq. ft

  • EPC Rating: D

  • Auction
  • Leasehold

Essence Property Investment and Management Ltd

Logo of Essence Property Investment and Management Ltd

About this property

  • Sold via Modern Method of Auction

  • Studio Apartment w/ Private Balcony

  • Fully Furnished with Tenant-in-Situ

  • Located Near Popular Amenities

  • EPC Rating- D

  • Over 8% Rental Yield

  • Lift Access

*For Sale Via Modern Method of Auction* Look no further, as we have the perfect investment property for you! Sold with a tenant-in-situ, this property is Modern, clean and comes with private outdoor space. It is located within minutes walk to Brindley place, Fiveways and the Broadway Entertainment Complex. Call our office to schedule a viewing before it's gone.

**Selling with Tenant in situ** look no further we have the perfect investment property for you, modern, clean and private outdoor space, located within minutes walk to Brindley place, Fiveways and Broadway Entertainment complex. Call us now to arrange a viewing before it's gone.

Living space 18' 2" x 13' 8" (5.547m x 4.181m)

hallway 7' 6" x 5' 0" (2.294m x 1.533m)

bathroom 5' 0" x 7' 2" (1.541m x 2.185m)

Ownership- 100%
Tenure- Leasehold. We are advised by the vendor that there is approx.tbc years remaining on the current lease.
Service Charge- We are advised by the vendor that the current service charge is approx. £tbc per annum with review period of tbc
Ground Rent- We are advised by the vendor that the current ground rent is approx. £tbc per annum with review period of tbc
* Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.

Services- Mains Water, mains electricity and mains drainage
Local Authority- Birmingham City Council, Council House, Victoria Square, Birmingham, B1 1BB
Council Tax Band- tbc

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Essence has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Essence has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Auctioneers comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding.

The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.

This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

More information

  • Tenure

    Leasehold (105 years)

  • Service charge

    £1,976 per year

  • Council tax band

  • Ground rent

    £350

  • Ground rent date of next review

See all recent sales in B16

Property descriptions and related information displayed on this page are marketing materials provided by - Essence Property Investment and Management Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Essence Property Investment and Management Ltd for full details and further information.