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19 Kenyon Forge,
Kenyon Street
Birmingham
B18 6DH

T: 0121 2962600

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First Floor
Forth Banks Tower
Newcastle-Upon-Tyne
NE1 3RH

T: 0191 8204600

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Under Offer

Regent Street, Smethwick, Birmingham, B66 3BF

£119,995Leasehold

111

Key Information

Tenure:Leasehold
Service charge:£1,000 per year
Ground rent:75 per year
Time remaining on lease:106 years
Council tax band:A
Broadband:up to 80Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

1 Bedroom
Ground Floor
Open Plan Lounge / kitchen
Double bedroom with built in wardrobes
Parkimg Space
Recently Refurbished

Description

*** Excellent Buy-To-Let Investment Opportunity or First-Time Buyer Purchase *** Fantastic ground floor one bedroom apartment overlooking well manicured gardens and offering a potential 8.5% gross rental yield. Recently refurbished to offer a fantastic fully fitted kitchen, modern bathroom with shower, a double bedroom with built in wardrobes and an allocated parking space.

***

This lovely ground floor, one bedroom apartment offers an ideal first purchase or an addition to your rental portfolio.

Situated within a modern development you will fall in love with the refurbished kitchen offering a range of built in appliances, clean modern lines and loads of work space to prepare your meals.

The open plan lounge gives space to comfortably fit your furniture with a picture window overlooking the well manicured gardens.

The double bedroom has built in mirrored wardrobes with a good size bathroom with full suite and shower above bath.

Storage is catered for with the hallway housing an airing cupboard and additional store cupboard, perfect for ironing boards, suitcases and other items.

The neutral decor and flooring throughout gives you a blank canvas to really make this property your ideal home.

The property benefits from an allocated parking space and is set within easy reach of local amenities.

***

A reservation fee, refundable on exchange, will be payable by the Buyer to Barrows & Forrester Property Group Ltd prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract.

This fee will be reimbursed upon Exchange of contracts.

In the instance the Seller withdraws from the sale the fee will be returned to the Buyer.

The fee will be retained by Barrows & Forrester Property Group Ltd to cover costs in the event the Buyer withdraws from the purchase or doesn't Exchange within 6 months of the fee being received other than as a result of:
1. Any structural or material issues arising from any survey that has not previously been disclosed. 2. A defect in the seller’s legal title.
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown.
4. The buyers chain falling through no fault of the buyer.
5. The vendor not securing a property in the allotted timeframe.
6. The vendor withdrawing the property from the market.

The reservation fee levels are as follows:-
-An agreed offer under £300,000 will be £750 inclusive of VAT.
-An agreed offer between £300,001 and £500,000 will be £1,000 inclusive of VAT.
-All agreed offers over £500,001 and £1,000,000 will be £1,500 inclusive of VAT.
-All agreed offers over £1,000,001 will be £2,500 inclusive of VAT.

The reservation fee is payable upon acceptance of an offer which itself is subject to an assessment of ability to proceed.

Any renegotiation of an accepted price after the issue of the Sales Memorandum for any reason not covered in points 1 to 6 above will lead to the reservation fee being retained.

A further fee will be payable on any subsequent reduced offer accepted by the vendor.

This will be returnable subject to the conditions that prevail for all reservation fees.

Arrange Viewing

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Galton Valley Primary School
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Cape Primary School
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Outstanding
Number of pupils: 1418
Age Range: 11 - 19

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£631 /mo.25 Years, 5% Interest
Loan
£107,996
Total Repay
£189,399

Stamp Duty

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