*TWO DOUBLE BEDROOM, 2nd Floor APARTMENT WITH NO ONWARD CHAIN!* Ideally located just off Lifford Lane and offering great access into both nearby Stirchley's lively high street with all of its independent shops, bars and restaurants and also Cotteridge high street with its amenities and also the great bus and rail commuter links at Kings Norton train station. The property is being offered with no onward chain and the following accommodation; communal gated parking and gardens, entrance hallway, kitchen / dining / living room, two good bedrooms and bathroom. To arrange your appointment please call our Bournville team on; 0121 458 1123 or feel free to visit our website at; www.ricechamberlains.co.uk
L ease and Service Charge Details;
*The property is 50% shared ownership, upon acceptance of an offer, the vendor would then staircase to 100% so any buyer would be purchasing the whole ownership of the lease.
The lease is for a term of 99 years from 1 December 2003. Remaining Term: 82 years approx
The initial service charge was £1,462.44 per annum and additional sums due under schedule 4 of the lease by equally monthly payments on the first day of the month.
The rent is reviewed every year on 1st April on an upward only basis with a clear procedure based on the percentage increase in the RPI plus 2% for doing so to determine the gross rent and assuming that the registered proprietor still owns 50% then the ground rent is 50% of that gross rent.
Please consult your legal advisor in regards to the above as the information has been supplied to the agent via a 3rd party,