Fairyfield Court, Great Barr

2 bedroom property for sale

Auction Guide £85,000

***FOR SALE BY MODERN METHOD OF AUCTION***EXTENDED LEASE UPON COMPLETION***TWO GOOD SIZED BEDROOMS***FIRST FLOOR FLAT***GARAGE IN SEPARATE BLOCK***WELL MAINTAINED GROUNDS***SOUGHT AFTER LOCATION*** PERFECT FIRST TIME PURCHASE***

DRAFT DETAILS - AWAITING VENDOR APPROVAL

For sale by Modern Method of Auction: Starting Bid Price £85,000 plus Reservation Fee. ***EXTENDED LEASE UPON COMPLETION*** This FIRST FLOOR FLAT is a perfect first time buy or ideal for those wanting to downsize with the benefit of a garage in separate block, well maintained grounds and surroundings. Occupying a much sought after location the property comprises of a lounge/diner, kitchen, bathroom and two good size bedrooms. Call Green & Company to arrange your viewing.

This property is for sale by Green & Company Ltd powered by iamsold Ltd.

The property is for sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and the 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.

FIXTURES AND FITTINGS as per sales particulars.

TENURE
The Agent understands that the property is leasehold with approx. 44 years remaining on the lease and we have been informed by the current owner they will be extending the lease to 143 years upon completion. Current service charge is approx. £1077.75 per half year which includes buildings insurance and the current ground rent is approx. £17 per annum. We would advise all interested parties to obtain verification concerning the lease through their Solicitor or Surveyor.

If you require the full EPC certificate direct to your email address please contact the sales branch marketing this property and they will email the EPC certificate to you in a PDF format.

GREEN AND COMPANY has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitors or Surveyor.

Please note that all measurements are approximate.

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