Offers in region of
£110,000
(£224/sq. ft)
1 bed flat for saleEssex Street, City Centre, Birmingham B5
1 bed
1 bath
1 reception
492 sq. ft
EPC Rating: C
- Auction
- Leasehold
Northwood - Birmingham
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About this property
Being sold through Goto online auction
Being Sold by goto Online Auction
Buy it now option available.
TV Included
1st Floor
City Centre Location
Perfect Investment
24 Hour Concierge
Great for 1st Time Buyers
Double Bedroom
The generous living area flows effortlessly into a contemporary kitchen, fitted with high gloss white cabinetry and integrated appliances. The minimalistic colour scheme creates a seamless, airy space—perfect for both relaxing and entertaining against a backdrop of city views.
1 double bedrooms is a sizable double, styled with crisp white décor to amplify volume and brightness, maintaining a sense of calm and order throughout.
The bathroom continues the all white motif with pristine wall tiles and white sanitary ware. Featuring a bath over bath shower setup, it presents a fresh and inviting space ideal for a quick morning routine or a more indulgent soak.
Located on a secure development with 24 hour concierge, a secure-entry system, lift access, and beautifully landscaped communal grounds, this home offers both convenience and tranquility. Situated just minutes from Grand Central, the Bullring, New Street Station and the vibrant Arcadian/Chinatown area, everything you need is within easy reach
Property Description
Being Sold by goto Online Auction
Starting Bids from £110,000
Buy it now option available
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor or 10 working days after receipt of the buyer’s premium, whichever is earlier Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
10% in excess Please note this property is subject to an undisclosed Reserve Price which is typically no more than of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by goto Auctions.
To book a viewing visit Northwood Birmingham.
General Information
Auctioneer's Comments
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.
Buyer Fees
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396.00 including VAT. This secures the transaction and takes the property off the market.
Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete aml id verification and proof /source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property. We use GoTo Group to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history. With effect from 1st March 2025 a non-refundable compliance fee of £40.00 + VAT per buyer / donor will be required to be paid to the GoTo Group direct when an offer is agreed and prior to a sales memorandum being issued.
EPC rating: C.
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More information
Tenure
Leasehold (115 years)
Service charge
£3,048 per year
Council tax band
B
Ground rent
£300
Ground rent date of next review