1 bed flat for sale

Sheepcote Street, Birmingham B16

** no upward chain ** city center location ** modern development ** sold via modern method of auction **

Oakmans are delighted to offer a modern, beautifully presented, studio apartment situated within the highly popular Bank development, Sheepcote street.

This property boasts no upward chain and a modern living arrangement, briefly comprising entrance hall, open plan, modern living space and kitchen, bathroom and large integral storage cupboard.

Property type:
Tenure: Leasehold
Years Left on Lease: 246 Years
Service Charge: £1350 Per Annum
Ground Rent: £350 Per Annum
Ground Rent Review Period: Tbc
Ground Rent Review Amount: Tbc
Next Ground Rent Review: Tbc
Council Tax Band: C
EPC Rating: C
Construction Type: Standard - Cladded
Parking Arrangements: Tbc
Broadband: Fibre
Mobile Signal Coverage: 5G
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Electric

Please note that this information has been given by the current owner and should be verified by your legal representative. Oakmans Estate Agents cannot be held responsible if the information is incorrect

Call Oakmans today!

Anti-money Laundering Checks (aml)
Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.