1 bedroom Apartment in Birmingham
Apartment 1306, 7 Masshouse Plaza, Birmingham B5 5JN
- Lot No: 130
- Property Type: Apartment
- Contract Type: Unconditional with Variable Fee
Guide Price* £75,000 - £85,000 plus fees
Property Description
An investment property currently generating a yearly rental income of £9,300 set within the City Centre Birmingham. The apartment comprises of open plan lounge, kitchen and bedroom area, with separate laundry room and bathroom. This studio apartment is located in the ever popular Hive development at Masshouse Plaza next to HS2 Terminal, and is located close to educational institutions (Birmingham City and Aston University). Easy access to local amenities and located within walking distance of Birmingham New Street Station, Moor Street Station, Digbeth Coach Station and Bullring Shopping Centre.
Accommodation:
The apartment comprises of open plan lounge, kitchen and bedroom area, with separate laundry room and bathroom.
Additional Information:
Construction Material: System built. Heating: Community scheme. Coverage: Broadband - Standard and Ultrafast is available in this location. Mobile signal - O2, Vodafone and Three show as high in this area, and EE as medium. Satellite and Cable - BT and Sky show as available.
Leasehold Information
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Note
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Leasehold
- 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.
Auction Details
Date 30th May 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454