Sheepcote Street, Birmingham

** NO UPWARD CHAIN ** CITY CENTER LOCATION ** MODERN DEVELOPMENT ** SOLD VIA MODERN METHOD OF AUCTION **
Oakmans are delighted to offer a modern, beautifully presented, studio apartment situated within the highly popular Bank development, Sheepcote street.
This property boasts no upward chain and a modern living arrangement, briefly comprising entrance hall, open plan, modern living space and kitchen, bathroom and large integral storage cupboard.
Property type:
Tenure: Leasehold
Years Left on Lease: 246 Years
Service Charge: £1350 Per Annum
Ground Rent: £350 Per Annum
Ground Rent Review Period: TBC
Ground Rent Review Amount: TBC
Next Ground Rent Review: TBC
Council Tax Band: C
EPC Rating: C
Construction Type: Standard - Cladded
Parking Arrangements: TBC
Broadband: Fibre
Mobile Signal Coverage: 5G
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Electric
Please note that this information has been given by the current owner and should be verified by your legal representative. Oakmans Estate Agents cannot be held responsible if the information is incorrect
Call Oakmans today!
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 £300.00 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 4.50% 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. Payment varies but will be no more than £450.00. These services are optional.
Scan the QR code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative.
Anti-money Laundering Checks (AML)
To meet our legal obligations under Anti-Money Laundering regulations and current HMRC guidance, we complete electronic identity and compliance checks for all buyers. This includes verifying proof of funds and, where required, the source of those funds.
A one-off fee of £100 + VAT applies to the first buyer, with a reduced fee of £50 + VAT for each additional buyer. Where gifted funds are being used, identity verification for each gift donor is £30 + VAT.
These checks help protect everyone involved in the transaction and are completed once an offer has been accepted, before the memorandum of sale is issued.