1 bed flat for sale in Regent Street, Smethwick, Birmingham B66, £119,995

119,995.00

Offer Nr.:
65853065
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
Barrows and Forrester Property Group
Phone(s):
0121 659 5859

* Leasehold
* 1 Bedroom
* Ground Floor
* Open Plan Lounge / kitchen
* Double bedroom with built in wardrobes
* Parkimg Space
* Recently Refurbished
*** Excellent Buy - To - Let Investment Opportunity or First - Time Buyer Purchase
***
Fantastic ground floor one bedroom apartment overlooking well manicured
gardens and offering a potential 8. 5% gross rental yield.
Recently refurbished to offer a fantastic fully fitted kitchen, modern
bathroom with shower, a double bedroom with built in wardrobes and an
allocated parking space.
***
This lovely ground floor, one bedroom apartment offers an ideal first purchase
or an addition to your rental portfolio.
Situated within a modern development you will fall in love with the
refurbished kitchen offering a range of built in appliances, clean modern
lines and loads of work space to prepare your meals.
The open plan lounge gives space to comfortably fit your furniture with a
picture window overlooking the well manicured gardens.
The double bedroom has built in mirrored wardrobes with a good size bathroom
with full suite and shower above bath.
Storage is catered for with the hallway housing an airing cupboard and
additional store cupboard, perfect for ironing boards, suitcases and other
items.
The neutral decor and flooring throughout gives you a blank canvas to really
make this property your ideal home.
The property benefits from an allocated parking space and is set within easy
reach of local amenities.
***
A reservation fee, refundable on exchange, will be payable by the Buyer to
Barrows & Forrester Property Group Ltd prior to issuing the Memorandum of Sale
and marking the property as Sold Subject to Contract.
This fee will be reimbursed upon Exchange of contracts.
In the instance the Seller withdraws from the sale the fee will be returned to
the Buyer.
The fee will be retained by Barrows & Forrester Property Group Ltd to cover
costs in the event the Buyer withdraws from the purchase or doesn't Exchange
within 6 months of the fee being received other than as a result of:
1\. Any structural or material issues arising from any survey that has not
previously been disclosed. 2. A defect in the seller’s legal title.
3\. The local searches reveal any matter that has a material adverse effect on
the market value of the property that were previously undeclared or unknown.
4\. The buyers chain falling through no fault of the buyer.
5\. The vendor not securing a property in the allotted timeframe.
6\. The vendor withdrawing the property from the market.
The reservation fee levels are as follows: -
- An agreed offer under £300, 000 will be £750 inclusive of VAT.
- An agreed offer between £300, 001 and £500, 000 will be £1, 000 inclusive of VAT.
- All agreed offers over £500, 001 and £1, 000, 000 will be £1, 500 inclusive of VAT.
- All agreed offers over £1, 000, 001 will be £2, 500 inclusive of VAT.
The reservation fee is payable upon acceptance of an offer which itself is
subject to an assessment of ability to proceed.
Any renegotiation of an accepted price after the issue of the Sales Memorandum
for any reason not covered in points 1 to 6 above will lead to the reservation
fee being retained.
A further fee will be payable on any subsequent reduced offer accepted by the
vendor.
This will be returnable subject to the conditions that prevail for all
reservation fees.


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