Studio flat in Birmingham

Flat 211 Hilux (formally Avix), 307 Walsall Road, Birmingham, West Midlands B42 1UH
  • Lot No: 147
  • Property Type: Studio flat
  • Contract Type: Unconditional with Variable Fee

Guide Price* £45,000+ plus fees

Property Description

Available is this second floor studio apartment located within the Hilux Development on Walsall Road, near local amenities such as Alexander Sports Stadium, One Stop Shopping Centre and local bus routes that run direct to Birmingham City Centre. The apartment comprises an open plan bedroom and living space with a modern fitted kitchen, and a shower room. It benefits from electric heating, double glazed windows, lift access and parking (not allocated). The size of the studio is 269 sq.ft.

Leasehold Information

We have been informed the ground rent is £400 pa, service charge £1089 pa and a 999 year lease from 2015. The seller has not reported any ground rent review dates. Please refer to the lease documents within the legal pack.


Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make any necessary independent enquiries before placing their bid, as this will be binding.


Tenure

Leasehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.