Apartment 7 Lapal Manor Court 70 Lye Close Lane, Bartley Green, Birmingham, West Midlands, B32 3QS

  • Conditional Online Auction Sale
  • Guide Price * : £74,000 Plus fees
Minimum Opening Bid

£74,000

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FOR SALE BY CONDITIONAL ONLINE AUCTION.
On behalf of Martin & Co


  • First Floor flat
  • Open Plan Lounge Fitted Kitchen
  • Two Double Bedrooms
  • Fitted Bathroom
  • EPC Rating: B
  • Well Presented Throughout

Property Description

FOR SALE BY CONDITIONAL ONLINE AUCTION.
On behalf of Martin & Co


Two Bedroom Flat

This first floor flat should offer everything you would need, whether you are taking your first steps onto the property ladder or looking to expand your property portfolio as an investor. The lounge area really oozes the feeling of space, ensuring that one end of the room is large enough for the biggest of settees and the other end is the perfect space for a dining table to seat your guests on those dinner party occasions. The impressive kitchen is the perfect place to show off your cooking skills. The kitchen area is sleek and modern and has ample cupboard space for all your condiments, pots and pans.
The bedrooms are both good sized doubles and the bathroom has a tub ,which will be a paradise to soak away all the stresses and strains of the day with shower over for when you need to "get up and go" in the morning.
There is no need to worry about parking as there is allocated parking. Did we mention that there's no onward chain? We could go on and on, but to fully appreciate this superb home an internal viewing will be required.
ROOMS: Entrance Hall Open Plan Lounge/Kitchen: 20' 10" x 13' 11" (6.35m x 4.24m) Bedroom One: 14' 4" x 10' 8" (4.37m x 3.25m) Bedroom Two: 10' 10" x 9' 9" (3.3m x 2.97m) Family Bathroom: 10' 2" x 6' 6" (3.1m x 1.98m)
OUTSIDE Un-allocated Parking


Tenure
Leasehold

Legal Pack

The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.


*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our SDL Auctions website.


Online Auction Registration

Every online bidder on SDL Auctions must first create an account on the online section of the SDL Auctions website - sdlauctions.co.uk/property-auctions/online/

This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction ‘Terms and Conditions’. Once you have done this you will be able to search, ‘watch’ lots and download legal documents.

After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.

In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.


Conditional Online Auction Procedure

If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. You will enter into a reservation agreement with the seller and have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period the sale is secure and the seller is not able to accept other offers. By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.

The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer.

Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf


Joint Agent

Martin & Co



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