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Property Details

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National Residential
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Orchard Rise, Birmingham, West Midlands, B26 1QT

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1 Bedroom, Flat


 

Property Details

  • Description
  • How It Works
  • Investment Finance

A pleasant first floor one bedroom flat located in the popular area of Yardley. The property has excellent road and transport links with the nearby A45 allowing great access to the both Birmingham City Centre and the M6/M42 motorway networks, and beyond. It is close to local schools, shops and amenities.
Briefly comprising of: entrance hall, open plan lounge/kitchen, bedroom, bathroom, enclosed rear garden space and allocated parking.
The current tenant, who has rented the property for many years, is willing to remain in the property if the new owner so wished. Please note the lease will need to be extended.

The accommodation consists of:

Hallway
Stairs lead up from the ground floor. Having carpet flooring, an electric storage heater and loft access. A door leads into the open plan lounge/kitchen and an opening leads into the bedroom.

Open Plan Lounge/Kitchen (4.25m max x4.56m max)
The lounge area has two double glazed windows to the front aspect and laminate flooring. There is a large storage cupboard and an electric storage heater. To one side is the kitchen area which is fitted with a range of matching wall and base units with worktops. Other features include an electric hob with extractor over, electric oven, space for a washing machine and a single bowl sink unit. This area also has laminate flooring and benefits from a double glazed window to the side aspect.

Bedroom (2.67m x 2.06m)
There is a double glazed window to the rear aspect, a large storage cupboard and laminate flooring. A door leads into the bathroom.

Bathroom (1.48m max x 2.10m max)
Comprising of a panel bath with electric shower over, wash hand basin and WC. There is an obscured double glazed window to the rear aspect.

Front
There is a communal car park which leads on to a lawn front garden. A paved pathway leads to the entrance door to the flat. The flat has one allocated parking bay. There is a communal side gate leading to the rear garden.

Garden
The rear garden is divided into two parts, one for the use of the tenants in the ground floor flat and one area for the tenants in this first floor flat. There is also a shared storage shed.

Tenure
We are advised that the property is leasehold. The lease can be extended.

This property is ONLY available for purchasers who are NOT in a chain

Details

  • Bedrooms: 1
  • Tenure: Lease extension

This property is ONLY available for purchasers who are NOT in a chain.

**This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable deposit of 2% (minimum of £5,000), which secures the transaction and takes the property off the market.

The buyer will be required to sign a purchasers agreement to confirm acceptance of terms prior to solicitors being instructed. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change.

Terms and conditions apply to the Modern Method of Auction and can can be viewed in full here.

 

Buyers - How it works

The Online National Residential Agency modern auctions enable buyers to make and monitor offers online 24 hours a day from any internet connected device. We ensure that buyers get a fantastic service and have the best possible opportunity to buy the property they want at a discounted price, quickly.

We market all properties at attractive 'Offers Over' prices to encourage a viewings and to achieve quick sale within 28 days. We send regular weekly SMS messages to remind buyers of the current highest offers and the Best and Final date therefore ensuring buyers have every opportunity to make and increase their bid at any time and not to miss out on a great property.

PLEASE NOTE: The end date is not fixed and if an acceptable offer is made beforehand then it may be accepted and the property withdrawn from sale so it is advised to make your offer as soon as possible.

  1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. These particulars do not constitute part or all of an offer or contract.
  3. Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
  4. Potential buyers are advised to recheck the measurements before committing to any expense.
  5. National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.

**Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply.

 

Properties With A Short Leasehold

Where a property is being sold with a short lease, the property can be purchased with either a short lease or with an extended lease, subject to buyer preferences and the offer price made. The starting bid will be set 10% below the cash price required to purchase with a short lease. Mortgage buyers who require a purchase with an extended lease must make a higher bid as this must also include the additional premium required to pay for the lease to be extended before completion. The cost of the lease premium can vary depending on the length the lease is to be extended and on negotiation with the purchaser and freeholder and whether the lease is to be extended by mutual agreement with the Freeholder or via the Statutory Route. Therefore, buyers must contact a member of the sales team to discuss this is greater detail.

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Request Details / Arrange a Viewing



 
The Online National Residential Estate Agency.
1 Hunters Walk
Canal Street
Chester
CH1 4EB

T: 01244 341066

Online bidding ends in:
Current bid is £79,000

No more bids can be made online as the best and final date has passed. However, we may still accept bids by telephone as we qualify the buyer's financial position.

Please call 01244 341066 if you wish to submit a telephone bid.

Online Bidding ends at 7pm on 28/01/2020

Time left(Ended)

   View legal pack
  • Land Registry - Title with UN1
  • Land Registry - Leasehold

   View this property on Rightmove
   Example Purchasers Agreement
   Property Buyer’s Brochure
   Online Bidding Terms & Conditions

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