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2 Caroline Street, Birmingham, B3 1TR

Guide Price £135,000Leasehold

111

Key Information

Tenure:Leasehold
Service charge:£1,852 per year
Ground rent:£150 per year
Time remaining on lease:104 years
Council tax band:B
Broadband:up to 10000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Close Proximity To Restaurants And Bars, Good Transport Links Via Train And Metro, Right Next To St Pauls Square, Secure Fob Entry, 15 Minute Walk To City Centre, One Bedroom Apartment, Modern Neutral Decor, Open Plan Living And Kitchen Area, Investment Opportunity, Ideal For First Time Buyers

Description

*** FOR SALE BY ONLINE AUCTION *** If you’re looking for a stylish property at the heart of Birmingham’s metropolitan and vibrant Jewellery Quarter, this upper floor is the apartment for you. St Paul’s Square is one of the most sought-after locations in Birmingham, so whether you want to visit the world’s number 1 gin bar, or grab your morning coffee on the way to work, you have a whole host of cafés, restaurants and entertainment right on your doorstep. Ideal for first time buyers or investors looking for a gross rental yield in excess of 8%, this one-bedroom apartment has an open plan kitchen and living area, great for hosting social events and with an abundance of space for dining furniture. There is plenty of cupboard storage with built-in appliances, and the neutral décor offers an opportunity for you to create the cosy home in exactly the way that you’ve always imagined. Relax by taking a bath in the bright, modern bathroom complete with heated towel rail, and further along in the twin-sized bedroom, store all of your outfits in the ample built-in wardrobe. Windows in the living areas and bedroom mean that natural light will brighten all corners of your home, which has been proven to positively benefit mental health and wellbeing. You can rely on secure key-fob entry, and commuters will benefit from proximity to public travel links such as New Street and Snow Hill train stations, and the Metro. From fantastic gym facilities, dog parks, and your new favourite eatery just waiting to be discovered, this property truly sits at the very heart of the thriving leisure centre in the Jewellery Quarter.

***

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or service

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Arc Oakbridge School
(0.24 miles)
Good
Number of pupils: 31
Age Range: 7 - 16
Jewellery Quarter Academy
(0.33 miles)
Requires Improvement
Number of pupils: 585
Age Range: 11 - 16
St George's Church of England Academy, Newtown
(0.34 miles)
Good
Number of pupils: 312
Age Range: 4 - 11
City United Academy (CUA)
(0.43 miles)
Inadequate
Number of pupils: 28
Age Range: 11 - 16
St Chad's Catholic Primary School
(0.51 miles)
Good
Number of pupils: 201
Age Range: 4 - 11
Blackwater Academy
(0.51 miles)
Good
Number of pupils: 8
Age Range: 12 - 18
Values Academy
(0.52 miles)
Good
Number of pupils: 11
Age Range: 11 - 17
Nelson Junior and Infant School
(0.53 miles)
Good
Number of pupils: 423
Age Range: 3 - 11
Brookfields Primary School
(0.57 miles)
Number of pupils: 330
Age Range: 3 - 11
Flexible Learning School
(0.58 miles)
Good
Number of pupils: 40
Age Range: 13 - 16

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£710 /mo.25 Years, 5% Interest
Loan
£121,500
Total Repay
£213,083

Stamp Duty

You’ll have to pay the stamp duty of:
£0
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