Flat 2, Lloyd Square, 12 Niall Close, Birmingham, West Midlands B15 3LX

Investment opportunity.

A two double bedroom ground floor apartment requiring modernisation and refurbishment and located in one of the most desirable parts of Birmingham.

The property has huge potential to add significant value once renovated and offers a most impressive potential rental income in the region of £15k per year.

The property boasts two double bedrooms, a 21 ft. lounge/diner, separate breakfast kitchen, bathroom with separate WC.

The property is located in a very desirable location and accessed via a cul de sac, and is surrounded by well kept communal grounds.

There are a wide range of local amenities, shops, cafes and restaurants close by and the city centre is easily accessible as transport links are plentiful.

Viewings and registering to bid is highly recommended.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.