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£50,000

Kingsbury Court, Gravelly Hill, Birmingham, B23

  • 1 bed
Flat
Under offer/SSTC

£50,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£228 per month

Minimum deposit amount:

£2,500
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CASH BUYERS ONLY - Requiring complete refurbishment is this well proportioned, double bedroom, ground floor apartment, with carport, in a highly convenient location. Offers by Tender Bids to be submitted no later than 3.30pm, Friday 29th November 2024. Low term remaining on the lease. No Chain.

Located just a 10 minute drive from the centre of Birmingham by car, 4 minutes walk from Gravelly Hill Train station, local schooling, parks, hospital, bus stops and the amenities off Six Ways Island, is this well proportioned, one double bedroom, ground floor apartment.

Given the length of lease remaining, just 39 years, we are seeking cash buyers only, as a mortgage will not be possible to obtain.

Requiring complete renovation internally, the accommodation is heated by wall mounted electric heaters and has double glazed windows throughout.

There is an allocated parking bay to the rear of the apartment block, set within a brick built car port.

From the communal entrance which has intercom entry telephone, the hallway offers built in storage / cloaks cupboard and doors radiating off to a living room, kitchen, shower room and double bedroom.

Offered for sale with No onward chain.

Things to Know...

TENDER BIDS

The property is offered for sale via Tender Bids. Offers should be submitted no later than the quoted date and time. Progressive offers, such as £1 more than the highest bid will not be considered. As part of your offer, the following will need to accompany your bid:

* Photo ID of the intended Buyer(S)
* Proof of Address document (passport or DL)
* Proof of Funding
* Details of your appointed solicitors

NB. The estate reserve the right to sell prior to the tender date, without notice, should they deem it within the Estates' interests to do so.

The Property will be offered with vacant possession and is of Leasehold Tenure. The Term of Lease is Term: 99 years (less 3 Days) from 29/9/1964.

The Ground Rent is £20 per annum and the service charge (payable half yearly) amounts to £1200 for the year.

Services - The sellers advise that all mains services are connected to the property with the exception of gas.

Material Information - Obtained via our subscription to Homesearch.

Broadband connectivity: Ultrafast
Mobile coverage: 4G voice & data
EPC Rating: 53 / 73
Conservation area: N/A
Flood Risk: None

Subjective comments in these details imply the opinion of the selling agent at the time these details were prepared. Naturally the opinions of the purchasers may differ. The details are for guidance only and do not form part of the contract. It is advisable that prior to exchange of contracts purchasers walk the boundaries and ensure they are in accordance with the title plan. We also suggest Fixtures and Fittings are confirmed at the point of negotiation.

Money Laundering - We have procedures in place to forestall and prevent Money Laundering. Should we be concerned that an offence is being committed we will act in accordance with the Proceeds of Crime Act 2002 and disclose our concerns to the National Crime Agency.

Local Authority is Birmingham C.C with a Council Tax Band of A equating to approx. £1,393 (2024/25) p.a.

Referral Fees - Kingsman can offer referral advice to third party providers for mortgage advice, conveyancing assistance and surveying work. Our referral fees can vary case to case but are normally within a £50 to £350 variance. Please ask for more details if you would like clarity on any such referral fee we may be paid.


Council Tax Band: A (£1,393 - 2024/25) (Birmingham C.C)
Tenure: Leasehold (39 years)
Ground Rent: £20 per year
Service Charge: £1,200 per year
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