Guide price
£110,000
2 bed flat for saleThe Observatory, Boundary Road B23
2 beds
1 bath
1 reception
EPC Rating: C
- Chain free
- Auction
- Leasehold
eXp World UK
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About this property
Ref: AM1165
For Sale by Secure Sale Service
Chain free!
Buyer Options Available
9% Yield for Investment
Allocated Parking
Ref: AM1165
The Observatory is a well established residential complex built around 2005, featuring secure entry, lift access and allocated parking. Conveniently positioned close to Erdington High Street, local parks and the train station, it provides easy access to Birmingham City Centre, Sutton Coldfield, Lichfield and the M6 motorway, with The Fort Shopping Centre and Star City just a short drive away.
Inside, the accommodation includes a welcoming hallway with storage cupboards, leading to a spacious open-plan lounge, dining and kitchen area. The space is bright and airy, with two sets of French doors opening to Juliet balconies, and offers plenty of scope for personalisation. The kitchen is fitted with wall and base units, contrasting worktops, an electric oven, hob, extractor and washer/dryer, with space for a fridge/freezer.
There are two bedrooms, both neutrally decorated, along with a bathroom featuring a white suite and shower over bath.
With some updating, this apartment has fantastic potential to become a lovely home or a rewarding rental investment.
General Information:
Tenure: Leasehold
EPC Rating: C
Local Authority: Birmingham City Council | Council Tax Band B
Services: Mains drainage, electricity, and water are connected.
Auctioneers Comments:
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 4.5% 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Agents' Note:
We have not tested any electrical, central heating, or sanitaryware appliances. Prospective purchasers are advised to carry out their own investigations regarding the functionality of these items. Floor plans are provided for identification purposes only and are not to scale. All room measurements in these sales particulars are approximate. Any subjective comments included reflect the opinion of the selling agent at the time of preparing these details and may not necessarily align with the opinions of a purchaser. These sales particulars are produced in good faith as a general guide and do not form any part of a contract or offer. Purchasers are advised to confirm with the agent which fixtures and fittings are included in the sale at the point of making an offer. All images contained within these particulars are the property of amg Property Group Limited trading as Ailish McGowan Sales & Lettings and must not be reproduced without prior written consent.
Anti-Money Laundering (aml) Regulations:
We appreciate your cooperation in helping us comply with anti-money laundering regulations. In addition to the traditional requirement for photographic identification and proof of address, amg Property Group Limited trading as Ailish McGowan Sales & Lettings may also employ an electronic verification system to fulfil our aml obligations. This system allows us to verify your identity using basic personal details. You understand that we will conduct this search solely for the purpose of verifying your identity. Any personal data provided will be used exclusively for anti-money laundering compliance. Please note there will be a nominal charge payable by each buyer to cover the cost of these aml checks.
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More information
Tenure
Leasehold (130 years)
Service charge
£2,700 per year
Council tax band
B
Ground rent
£300
Ground rent date of next review