2021-05-03 12:06, User_1
Truth Factor: N/A
4, ST MARYS HALL SHAW LANE, BROMSGROVE B60 4EP, UK
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Property type: ?
Bedrooms: 1
Bathrooms: 1
Receptions: 1
Year built: ?
Total Plot Size: ?
Total Inside Area: ?
Last Sold: APR 2022
Price: £85000
What can it be sold for now?
AI think: £104,942
Users think: N/A
Agents think: £90,000 1 agent(s) valuations found
HPI banks think: £90,055
CHAT:
Your Move - Bromsgrove Agent Valuation of this property is £90,000
*** new instruction *** open day Sat 8th may call today to book your slot *** being sold via the modern method of auction, terms and conditions apply - auction guide price £90,000 - view - bid - buy *** A one bedroom first floor apartment which has been keenly priced to attract an early sale and is being offered for sale with no onward chain. In need of redecoration throughout the property briefly comprises of an entrance hallway, lounge, modern fitted kitchen, double bedroom and modern shower room / W.C. Externally the property benefits from secure gated allocated off street parking and stunning country / canal side views.
This property in our opinion would be an ideal purchase for buy-to-let investors or landlords looking to further their portfolio and offers A very attractive annual gross yield of circa 8%.
Internal viewing strongly advised to fully appreciate the potential this property has to offer. EPC rating = tbc.
Location
Situated in the desirable location of Stoke Prior offering countryside views and being conveniently situated in between Bromsgrove and Droitwich for good access to motorway links.
Lease details:- We have been informed that there are 133 years remaining on the lease with an annual service charge of £315 and ground rent of £125.
Car Park:- Residents within St Mary's Hall have access to a secure gated car park which is located opposite the property and has an annual service charge of £210 and ground rent of £40.
We would advise any interested parties to verify the accuracy of these details with their chosen legal representative prior to committing to an exchange of contracts. These details have ben provided by our seller to the best of their knowledge, Your Move will not be held responsible should these details be incorrect.
Our View
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, I am sold.
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 £5,000.00 plus VAT. The Reservation Fee is paid in addition to 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 I am sold and provide proof of how the purchase would be funded.
This 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 I am sold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Entrance Hallway
Lounge (3.33m x 3.63m)
Kitchen (2.34m x 2.46m)
Bedroom (3.25m x 3.91m)
Shower Room / WC (1.75m x 2.24m)
Allocated Parking
Canal View
View
Car Park
Important note to purchasers:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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