Maisonette for sale in Raymond Avenue, Great Barr, Birmingham B42

Summary
**cash buyers only** **no chain****exceptional value for money with A reserve price of just £75,000** **wonderfully pleasant location** **large first floor maisonette with super sized lounge and bedroom** **no onward chain** **call Connells great barr today to register your interest**

description
**wow** very realistically priced home available to start viewings from today** online auction starting bids of £60,000 with A reserve of just £75,000** perfect for investors offering A terrific rental yield**

Connells Estate Agents are delighted to offer for sale this extra large one bedroom maisonette located in one of the most popular areas of Great Barr. The property is available to purchase through an online bidding system with a reserve of just £75,000 offering super value for money in todays market. The property is being sold through auction to cash buyers only due to a low lease, however the freeholder company was dissolved in 2011 so as it stands there is no freeholder meaning the current owner does not pay any ground rent or service charges.

The property briefly comprises of a large landing that could double as a study, a lounge diner, kitchen, double bedroom, bathroom, front and rear gardens and a landlocked garage that can be used only for storage.

Raymond Avenue is a very lovely place to live and boasts easy access to bus links, shops, supermarkets, restaurants and travel links around the midlands and beyond. **an absolute must view for landlords looking to increase their portfolio** **terrific rental yield** **cash buyers only** **no chain**

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

No Onward Chain

Entrance Hallway

Extra Large Landing

Lounge - Dining Room

Kitchen

Master Bedroom

Family Bathroom

Private Rear Garden

Garage For Storage Only

Fantastic Location

Very Realistically Priced

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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: The 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: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.