Offers in region of
£110,000
(£226/sq. ft)
1 bed flat for saleEssex Street, City Centre, Birmingham B5
1 bed
1 bath
1 reception
486 sq. ft
EPC Rating: C
- Chain free
- Auction
- Leasehold
Northwood - Birmingham
.png)
About this property
Being sold through GoTo online auction
Buy it now option available.
Buyers fee applies
Perfect investment
Great for 1st time Buyers
Double Bedroom
24 Hour Concierge
1st Floor
No Onward Chain
TV Included
Located within the secure i-Land development, residents enjoy 24 hour concierge services, gated communal areas, and beautifully landscaped internal grounds complete with serene water features
Step into a welcoming open plan living area, illuminated by floor to ceiling windows that flood the space with natural light and offer sweeping city views The living area is new decorated by the current owner. Adjacent, a sleek integrated kitchen features all modern essentials, including a fridge/freezer and an integrated washer/dryer in the storage cupboard.
The double bedroom is a peaceful retreat that has natural light flooding through. The bathroom is smartly finished, featuring a classic suite with a shower over the bath, providing both style and function
Just a stone’s throw from the vibrant Arcadian Centre and the renowned Hippodrome Theatre—both only 0.2 miles away—this apartment places you in the epicenter of Birmingham’s entertainment district. The nearby Chinatown delivers a world of culinary delights, while New Street station grants effortless access across the UK.
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.
Zoopla tools
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (115 years)
Service charge
£3,036 per year
Council tax band
B
Ground rent
£300
Ground rent date of next review