This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/8
£59,000
Flat for sale, Newman Way, Rednal, West Midlands, B45
Features and Description
- Being Offered For Sale Via Modern Auction
- First Floor Studio Apartment
- NO UPWARD CHAIN
- Ideal Buy to Let Investment
- Allocated Parking
- Communal Gardens
- Ideal First Purchase
- Shower Room and Separate Dressing Area
- INTERNAL VIEWING ADVISED
** STARTING BIDS £59,000 **
** ATTENTION INVESTORS / LANDLORDS - IS THIS YOUR NEXT INVESTMENT PURCHASE? **
** OFFERING A VERY ATTRACTIVE 10% ANNUAL GROSS YIELD
*** NO UPWARD CHAIN *** A well presented first floor studio apartment situated at the foot of The Lickey Hills. The accommodation briefly comprises a communal entrance, stairs to; entrance, bedroom/lounge, kitchen, dressing area and shower room/WC. Externally there is allocated parking and communal gardens.
LOCATION
This property is conveniently situated for those buyers looking for easy access to the many and varied amenities in Rubery Village which include shops, cafes, supermarkets and schooling to accommodate all age groups. The property benefits from transports links located close by giving access to Birmingham City Centre and the wider network. The property is also situated at the foot of the Lickey Hills ideal for those who enjoy walking.
Tenure: LEASEHOLD (78 years remaining)
Annual Ground Rent: £120.00
Annual Service Charge: £120.00
Council Tax Band: A
EPC Rating: D
Auctioneers Note:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Newman Way, Rednal, West Midlands, B45
Additional Information
-
Property refQBV250010
-
EPCD
-
TenureLeasehold
-
Lease length77 years
-
Council TaxA
-
Local authorityBirmingham City Council
-
Ground Rent£120
-
Ground Rent ReviewContact the branch
-
Service Charge£120
Do you have a property you need to sell?
Your Move Estate Agents Bromsgrove
Your Move Bromsgrove
The Tudor House, 1 New Road, Bromsgrove, B60 2HY
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Buyer Tools
Mortgage Calculator
Monthly payment
£
Borrowing £53,100 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
Stamp duty calculator
Similar properties for sale by Your Move Bromsgrove
Nearby locations
Photos
Floorplan
Map view
Street view
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
66Potential
83CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs