9 Cheyne Gardens, Birmingham, West Midlands, B28 0UH

  • Conditional Online Auction Sale
  • Guide Price* : £100,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1

MODERN AUCTION PROPERTY - T&C's and Buyers Fees Apply - Drakes and Brookvale Auctions are delighted to present this Detached Bungalow Exclusively For The Over 55's.

Description

Set back from the road, the property is approached via a paved footpath and enjoys a pleasant position with well-maintained gardens extending to both the front and side, offering an attractive outlook.

Upon entering, the entrance hall provides access to all principal rooms, creating a practical and well-balanced layout. The accommodation comprises a lounge, a fitted kitchen, two bedrooms, and a bathroom, all arranged for convenient single-level living.

Please note that the property is subject to an age restriction and is available for occupation exclusively by individuals aged 55 and over.

Entrance Hall

Lounge to front - 3.12m x 4.75m (10'3" x 15'7")

Kitchen to rear - 2.31m x 3.38m (7'7" x 11'1")

Bathroom to rear - 2.31m x 2.03m (7'7" x 6'8")

Bedroom One to rear - 3.23m x 3.43m plus wardrobes (10'7" x 11'3")

Bedroom Two to front - 3.25m x 2.01m (10'8" x 6'7")

Council Tax Band - D.

EPC Rating - TBC.

Tenure

The vendor advises that the property is Leasehold with approximately 61 years remaining on the lease, a service charge payable of approximately £1,372 per annum and a ground rent payable of £60 per annum. Drakes Estate Agents will not be held responsible should this information be incorrect and we request that your conveyancing solicitor verifies this throughout the conveyancing procedure.

The information provided by Drakes Estate Agents do not constitute part or all of an offer or contract, the measurements are supplied for guidance only and as such must be considered incorrect, we have not tested any appliances, fittings, services or equipment or and we ask all potential buyers to check the working of any appliances and the measurements before committing to any expenses. Some properties may have been staged for marketing purposes using AI (artificial intelligence). For Money Laundering purposes we will request any potential buyer at offer stage to provide proof of Identity before negotiation takes place. Drakes Estate Agents do receive a small referral fee from some Conveyancing Solicitors & Mortgage Brokers which is on a case-by-case basis, and is subject to a minimum referral fee of £50.

Auctioneer Comments

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, Brookvale Auctions 01218204113 or auction@brookvale.uk. 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 (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee, this being 4% plus VAT or minimum of £5000 + 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 Brookvale Auctions 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 property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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