16 Herbert James Close, SMETHWICK, West Midlands, B66 4TF

  • Conditional Online Auction Sale

YOPA ONLINE AUCTIONS OFFER FOR SALE THIS 2 BEDROOM APARTMENT IN SMETHWICK

Tenure

LEASEHOLD

Description

Full description
Being Sold by YOPA Online Auction
Starting Bids from £114,000
Buy it now option available
Please call or visit YOPA Online Auctions for more information.

YOPA Online Auctions is a new, innovative, and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressurefree from the comfort of your own home or office via desktop, tablet or mobile phone. YOPA also offer a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date.

If you request a viewing of this property or make an offer, then you agree that your personal information (name and contact details) will be shared with GOTO Auctions (YOPA’s Online Auction partner) to enable them to ensure that you understand the auction process.

To book a viewing visit YOPA.

Nestled in the heart of this modern development benefits from a wealth of local amenities and schools all within walking distance, boasts an excellent array of transport links that offer fantastic access to all the surrounding suburbs and Birmingham City Centre just minutes away. Now you know why this location is so popular with buyers and why this stunning apartment would prove an ideal first time purchase or a great investment opportunity as the property is located within walking distance of the new Midland Metropolitan Hospital.

So now you know the benefits of the location let me take you inside;
And straight away you will be aware of the spacious feel and good level of presentation on offer from this property. Entering via the separate and unique entry you start your tour in the spacious entrance hallway which leads you perfectly around this ideal first time purchase. To your right you discover the family bathroom offering a bath and shower combination, WC and hand basin, to your left you are treat to the master bedroom with tranquil rear facing private views and good living space.
Moving down the hallway you next discover the second double bedroom before you are treated to the main living area, the lounge/dining area offering an abundance of space to relax and unwind after a hard day and links seamlessly to the modern kitchen which offers ample floor and wall mounted cupboard space and enough work surface for the master chef in the family to provide a variety of meals.
Let me take you outside;
You will have done your research on the location, the transport links, the wealth of amenities and the potential benefits from the pending Midland Metropolitan Hospital, you will sense the positive ambiance of this modern residential location, you will appreciate the tranquility of the apartment block, the allocated parking space and ample visitors spaces and you will most defiantly love the fact that this apartment is on the ground floor with its own unique entry.

Naturally this modern apartment benefits from uPVC windows and doors, central heating and a mixture of flooring throughout.

The floor plan will confirm the layout however below are the individual room details;

Entrance Hall
Being carpeted and having radiator and double glazed window to side.

Lounge 14' 9" x 10' 10" ( 4.50m x 3.30m )
Having double glazed window to rear, radiator and is fully carpeted.

Kitchen 10' 8" x 8' 6" ( 3.25m x 2.59m )
Being a fully fitted kitchen with one and half sink and drainer unit with work surfaces over, integrated gas hob and electric oven with cooker hood over, double glazed window to front and plumbing for washing machine.

Bedroom One 12' 7" x 9' 8" ( 3.84m x 2.95m )
Being carpeted and having radiator and double glazed window to the rear.

Bedroom Two 10' 2" x 8' 3" ( 3.10m x 2.51m )
Having double glazed window to rear, radiator and is carpeted.

Bathroom 7' 7" x 5' ( 2.31m x 1.52m )
Having double glazed window to front, bath with mixer taps and shower over, wash hand basin, low level flush WC an is fully tiled with laminate flooring.
Lease Information:

Ground Rent: £180 Per Annum

Lease Length: 125 Years (commencing 1st May 2013)

Service Charge: £852.60 Per Annum

Auctioneer's Comments:
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6,600 including VAT plus an administration charge of £354 including VAT, a total of £6,954. This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

EPC Rating

CURRENT 76/77 POTENTIAL

Opening Bid and Reserve Price

This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.

Comments

This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.

By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.

Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6,600 including VAT, plus an administration charge of £354 including VAT, a total of £6,954. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.

The Buyer's Premium and administration charge are in addition to the final negotiated selling price.

Energy Performance Certificate (EPCs)

An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.

Minimum Opening Bid

£114,000

Enter Bid (Min £114,000)

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Office Contact

YOPA Online Auctions
01844 355022

Agreement Documents

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Additional Documents

Online Auction Buying Guide

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