1 bed flat for sale

47 Octahedron, 50 George Street, Birmingham B3

Description

Welcome to Octahedron, George Street!

This property is for sale by Modern Method of Auction powered by iamsold ltd - Starting Bid £120,000 + Reservation Fee.

Energy Performance Rating: D

*** Auctioneer Comments ***

This property is for sale by the Modern Method of Auction.

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 £ 349.00 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.

Referral Arrangement

The Partner Agent and 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.

Council Tax Band: Band C (Birmingham City Council)
Tenure: Leasehold (108 years)
Ground Rent: £249 per year
Service Charge: £2,800 per year

Communal Areas

The communal areas of the building are secure and well-maintained, accessed via an intercom system for added peace of mind. A lift services all floors, providing easy access to each level, while stairs offer an alternative route. The entrance is secure, ensuring privacy and safety for all residents.

Hall

Having ceiling light point, electric heater, cupboard housing the hot water tank, laminated wood effect flooring and doors to all internal rooms.

Open Plan Lounge/Kitchen/Dining Room (7.44m x 3.07m)

Having double glazed window to the front aspect, two electric heaters, three ceiling light points, laminate flooring, t.v. Point, and electrical plug sockets.

The kitchen area being fitted with a range of wall and base mounted units with works surfaces, inset stainless steel sink and drainer unit, integrated oven, hob and extractor hood, splashback tiling, plumbing for a washing machine and space for a tall standing fridge and freezer.

Bedroom

Having double glazed window to the front aspect, electric heater, ceiling light point, electrical plug sockets and built in wardrobe.

Bathroom (1.98m x 1.98m)

Fitted with a white suite and comprising of panelled bath with shower fixture above and shower screen, wash hand basin, low level flush w.c., splashback tiling, wall mounted heated towel rail, laminate flooring, ceiling light point and extractor fan.

Outside

Accessed through a secure gated entrance requiring a key fob, which leads you to the underground parking area with an allocated parking space.

Tenure

We understand the property is leasehold.

Term of lease 129 yrs from 1st March 2004..

2024 Annual Ground Rent £249

2024 Service Charge £2800

The information above has been provided by the agent, based on details supplied by the vendors. However, we strongly recommend that prospective buyers verify the charges independently through their solicitors.