Summerton Road, Oldbury

NO UPWARD CHAIN – PERFECT FIRST HOME OR READY-MADE INVESTMENT!
A spacious, modern and well presented two-bedroom first floor apartment, set within this sought-after development and ideally located for commuters and local amenities alike, with excellent transport links to Sandwell & Dudley Train Station which is just a short distance away, providing direct access into Birmingham City Centre.
Offering generous living accommodation throughout, the property briefly comprises an entrance hall with intercom receiver and useful built-in storage cupboard, a bright and spacious lounge opens into a fitted kitchen with base and wall units, work surface area and integral oven/hob, two excellent sized bedrooms including a master bedroom with en-suite shower room, and a well-appointed family bathroom with bath, wash hand basin and WC.
Further benefits include an allocated parking space, and additional visitor parking spaces are available
An excellent opportunity for first time buyers looking to step onto the property ladder, or buy-to-let investors seeking a strong rental prospect. Early viewing is highly recommended!
Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.For Broadband and mobile coverage checker provided by Ofcom (the office of communications) see https://www.ofcom.org.uk/phones-and-broadband/coverage-and-speeds/ofcom-checker/ Council Tax Band A. EPC rating B.
Tenure
The agents have checked HM land registry and the official copy of register of title shows the property as being Leasehold. We are advised there was a 125 year Lease which commenced in January 2009 (approx108 years currently remaining on the Lease). The vendors advise there is a current service charge of £1548 per annum and a current ground rent of £250 per annum. We recommend buyers verify the status and satisfy themselves as to the tenure.