South Road, Birmingham, B31

Charming Two-Bedroom First-Floor Maisonette – Short Lease – Modern Method of Auction A charming two-bedroom first-floor maisonette offering well-proportioned accommodation and an excellent opportunity for buyers looking for a property with potential. The accommodation comprises a welcoming entrance, two bedrooms, a spacious living area, kitchen and bathroom, making this an appealing option for first-time buyers, investors or those looking for a project. The property is being offered for sale by Modern Method of Auction, providing a potentially quicker and more straightforward route to purchase. Short Lease – Important Information The property is held on a 99-year lease commencing in September 1962, meaning approximately 35 years remain on the current lease. The short lease is an important consideration for prospective purchasers and may affect mortgageability and value. Buyers are strongly advised to make their own enquiries regarding the lease, potential lease extension and mortgage availability before proceeding. Auction Information Offered for sale by Modern Method of Auction Applicable Buyer Fee and auction terms apply Relevant auction timescales and reservation period apply Buyer’s Information Pack available from the auctioneer, iamsold Limited Prospective purchasers should review the Information Pack before proceeding Interested parties should be aware that their details may be shared with the auctioneer for the purpose of facilitating the sale Key Features Charming two-bedroom first-floor maisonette Well-proportioned accommodation First-floor position 99-year lease from September 1962 Approximately 35 years remaining Short lease – purchasers should seek appropriate legal and mortgage advice Potential investment opportunity Offered via Modern Method of Auction Buyer’s Information Pack available from iamsold Limited This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56- day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £500 inc. VAT. These services are optional. Please note: Prospective purchasers should satisfy themselves regarding the property's tenure, lease terms, ground rent, service charges, EPC, Council Tax Band and all other material information before proceeding with a purchase.