2 Bed Flat For Sale Mere Green Road, Sutton Coldfield, B75

£130,000- Flat

Modern Auction
1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 27th June 2024

Description

The Property
Perfectly positioned in the sought-after area of Mere Green, Royal Sutton Coldfield, this spacious two double bedroom maisonette is a fantastic opportunity. Located in the heart of Mere Green, in the prestigious Royal Town of Sutton Coldfield, this property is within close proximity to a variety of amenities including popular restaurants, pubs, outstanding schools, and supermarkets.

The accommodation comprises an entrance hallway, a lounge/diner, two double bedrooms, and a family bathroom. To the rear of the property, there is allocated parking. With no upward chain and a very long lease remaining, this property is ideal for first-time buyers or as a buy-to-let investment.

Approach
Approached via a secure entry system with stairs rising to the accommodation and door giving access to:-

Entrance Hallway
Having two storage cupboard and door giving access to:-

Lounge/Dining Room
Having a triple glazed window to the front and a radiator.

Kitchen
Having a double glazed window, vinyl effect flooring, range of wall, drawer and base units with contrasting surfaces over, radiator, space for a cooker, plumbing and space for a washing machine, sink unit with side drainer and mixer taps over, extractor fan and tiling to the walls.

Bedroom One
Having a triple glazed window to the front and a radiator.

Bedroom Two
Having a double glazed window and a radiator.

Bathroom
Having an obscure double glazed window, vinyl effect flooring, radiator and suite comprising w.c., wash hand basin with vanity storage under and panelled bath with shower over.

Parking
Allocated parking to the rear.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £130,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks


General Information
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 is 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 reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. 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 Buyer’s Premium of 3.6% of the purchase price including VAT and a Legal Pack fee of £372 including VAT (this is subject to a minimum amount of £6,600 including VAT and a Legal Pack Fee of £372 including VAT). This secures the transaction and takes the property off the market.

Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
•\tStamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.


Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/3001

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details
Purplebricks
First Floor, One Cranmore Drive, Shirley, Solihull, B90 4RZ

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£700,000
Sutton Coldfield, B74
Semi Detached
6.9
£425,000
Sutton Coldfield, B75
Semi Detached
6.8
£140,000
Sutton Coldfield, B74
Flat
6.6
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested