The Broadway, Stourbridge
£60,000

Guide price

Bedrooms: 1
*** FOR SALE VIA MODERN METHOD OF AUCTION *** A great opportunity to purchase this one bedroom first floor flat with no upward chain located on The Broadway in Norton. This property has the extra benefit of having outside areas to the front and back and briefly comprises: - entrance hall, kitchen, bedroom and bathroom. Call us now to arrange your viewing!

For Sale By Modern Method of Auction

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Approach

The approach is by way of pathway with lawn area to both sides and steps leading up to the following accommodation where the private entrance is situated to the front.

Entrance Hall

Having stairs rising to the first floor accommodation, UPVC window and tiled floor.

Landing

Airing cupboard housing water tank, UPVC window, doors radiating off to kitchen, living room, bathroom and bedroom.

Kitchen

3.30m x 3.20m (10'10 x 10'06)

Inset stainless steel sink top with drainer built into work tops, base units, space for cooker and fridge freezer, plumbing for washing machine, useful cupboard, double glazed window and wall mounted plug in electric heater.

Living Room

3.66m x 2.77m (12'0 x 9'01)

UPVC window and wall mounted plug in electric heater.

Bedroom

2.87m x 2.44m (9'05 x 8'0)

UPVC window.

Bathroom

Low flush WC, panelled bath with electric shower fitting, pedestal wash hand basin and UPVC window.

Outside

The flat also has the extra benefit of outdoor spaces in the front and back gardens where half of each garden belongs to no 38.

The Location

The Broadway offers an immense range of amenities with a parade of day to day shops, the excellent Gigmill Primary School, regular public transport services and plenty of nearby open spaces including Swan Pool Park. Wollaston village is around half an mile distant with more comprehensive amenities in Stourbridge Town around a mile away and the commercial centres of the Black Country and Birmingham are easily accessed via excellent road networks. The motorway network is accessed by the M5 from Halesowen or Bromsgrove and railway services run from Stourbridge Junction around a mile and a half away. Beautiful countryside runs to the south and west from the southern end of The Broadway including numerous quiet lanes and bridleways. Those who are keen on getting out in the countryside you are a short walk away from the Norton Covert and surrounded in green belt areas located at the top of The Broadway.

Tenure

References to the tenure of a property are based on information supplied by the seller. We are advised that the property is Leasehold. A buyer is advised to obtain verification from their solicitor.

Money Laundering Regulations

In order to comply with Money Laundering Regulations, from June 2017, all prospective purchasers are required to provide the following - 1. Satisfactory photographic identification. 2. Proof of address/residency. 3. Verification of the source of purchase funds. In the absence of being able to provide appropriate physical copies of the above, Lex Allan reserves the right to obtain electronic verification.

Referral Fees

We can confirm that if we are sourcing a quotation or quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process. You should be aware that we could receive a maximum referral fee of approximately £175 should you decide to proceed with the engagement of the solicitor in question. We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business. The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.

We can also confirm that if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements. You should be aware that we receive a referral fee from Infinity for recommending their services. The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee. On average the referral fees that we have received recently are £218 per case.

The same also applies if we have introduced you to the services of Mr Tony Lowe of Green Street Surveys who we are confident will provide you with a first class service relevant to your property needs, we will again receive a referral fee equivalent to 20% of the fee that you pay to Green Street Surveys. This referral fee does not impact the actual fee that you would pay Green Street Surveys had you approached them direct as it is paid to us as an intermediary on the basis that we save them significant marketing expenditure in so doing. If you have any queries regarding the above, please feel free to contact us.

Council Tax Band A

01384 910307

Lex Allan

The Auction House, 87/88 St. Johns Road, Stourbridge, West Midlands, DY8 1EH

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