Guide price
£125,000
1 bed flat for saleFlat 2, 48 Camden Street, Birmingham B1
1 bed
Auction
Freehold
About this property
Long Leasehold Vacant possession upon completion.
For Sale By Public Auction on 11 September starting at 08:30 am - A long leasehold city centre residential investment opportunity
A charming duplex apartment within the popular Copperworks development. Affording a spacious, open plan kitchen and living room area. Situated in Birmingham's popular Jewellery Quarter, the property has an estimated rental value of approximately £1,100 per calendar month.
Accommodation
Ground Floor: Open plan kitchen/living/dining room
First Floor: Bedroom and ensuite bathroom.
Location
The property is situated in the popular Copperworks development in the south west of the city's Jewellery Quarter, a new and thriving residential neighbourhood for Birmingham, only minutes walk from the city centre. Birmingham has three main stations; New Street, Snow Hill and Moor Street, the former two being the closest to The Copperworks, around a 10 minute walk. The proposed HS2 would put Birmingham at the epicentre of the UK's new high-speed rail network slashing journey times to London down from 1 hr 21 mins to 45 mins. It would also revolutionise Birmingham's connectivity with the regions, making Leeds accessible in 49 mins, what is presently a two hour trip. Bhx, Birmingham's International Airport is ever-growing its flight path span, its expansion making it the fastest growing airport in the UK, with major airlines including British Airways, Emirates, Qatar Airways, pia, Lufthansa and EasyJet. Meanwhile, Colmore Row, the city's central business district is just a 10 minute walk from The Copperworks.
Energy Performance Rating
D
Tenure
Long Leasehold Vacant possession upon completion.
Lease Details
Lease Term: 999 Years from 2023.
Service Charge: Approximately £1,601 per annum.
Full lease details will be available within the legal pack.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
External viewings only.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
A charming duplex apartment within the popular Copperworks development. Affording a spacious, open plan kitchen and living room area. Situated in Birmingham's popular Jewellery Quarter, the property has an estimated rental value of approximately £1,100 per calendar month.
Accommodation
Ground Floor: Open plan kitchen/living/dining room
First Floor: Bedroom and ensuite bathroom.
Location
The property is situated in the popular Copperworks development in the south west of the city's Jewellery Quarter, a new and thriving residential neighbourhood for Birmingham, only minutes walk from the city centre. Birmingham has three main stations; New Street, Snow Hill and Moor Street, the former two being the closest to The Copperworks, around a 10 minute walk. The proposed HS2 would put Birmingham at the epicentre of the UK's new high-speed rail network slashing journey times to London down from 1 hr 21 mins to 45 mins. It would also revolutionise Birmingham's connectivity with the regions, making Leeds accessible in 49 mins, what is presently a two hour trip. Bhx, Birmingham's International Airport is ever-growing its flight path span, its expansion making it the fastest growing airport in the UK, with major airlines including British Airways, Emirates, Qatar Airways, pia, Lufthansa and EasyJet. Meanwhile, Colmore Row, the city's central business district is just a 10 minute walk from The Copperworks.
Energy Performance Rating
D
Tenure
Long Leasehold Vacant possession upon completion.
Lease Details
Lease Term: 999 Years from 2023.
Service Charge: Approximately £1,601 per annum.
Full lease details will be available within the legal pack.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
External viewings only.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
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