2 bed flat for sale

Lee Bank Middleway, Birmingham, West Midlands B15

** being sold via modern method of auction ** no upward chain ** city centre location ** two double bedrooms ** ** allocated parking** ** 8.5% yield potential**

Oakmans are delighted to offer a well presented, two double bedroom apartment situated within the highly popular, modern development on Lee Bank Middleway. This property boasts no upward chain and further benefits from having two double bedrooms, allocated parking and is within close proximity to all amenities and transport links that Birmingham city centre has to offer.

This property would make an exceptional investment and briefly comprises entrance hall, lounge, arch to kitchen, two double bedrooms, family bathroom and en-suite.

The property benefits from having off street, allocated parking.

Lease Length: 128 years
Service Charge: £4600 per annum
Ground Rent: £100 per annum

Property type: Apartment
Tenure: Leasehold
Council Tax Band: Tbc
EPC Rating: B
Construction Type: Standard construction
Parking Arrangements: Gated, allocated parking
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
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

Call Oakmans today!

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.

Anti-money Laundering Checks (aml)
Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.