Lot 14
Auction
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14 Apartments at Arena Court, 26 Clement Street, Birmingham, B1 2SL

Auction
United Kingdom
Apartments (Multiple)
Residential

Withdrawn Prior

This property did not go for auction

Property Summary

  • 14 vacant apartments within purpose-built block
  • 8 no. 2-bedroom apartments and 6 no. 1-bedroom apartments
  • The properties come with 7 allocated parking spaces
  • City Centre location, a short walk from Brindley Place,
  • The Utilitia Arena and Canalside restaurants and bars
  • Properties to be sold by way of new leases expiring in May 2131

Contact Us

Joel Ferree
Joel Ferree
Property Agent, here to help.

Contact Us

Joel Ferree
Joel Ferree
Property Agent, here to help.

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Tenure

Leasehold - Each property will be sold on a new lease from completion, on a term expiring May 2131, at a ground rent to be advised

Location

Situated on Clement Street, a short distance from Birmingham City Centre and within walking distance of Brindleyplace, The Utilita Arena and a wide variety of Canalside bars and restaurants. Property benefits from the proximate extension to the tram network and is also easily accessible from the city’s principal train stations, Birmingham Snow Hill and Birmingham New Street. Shopping amenities at the Bullring and Grand Central Shopping centres are within easy access of the property, along with further leisure amenities within the Jewellery Quarter.

VAT

VAT Not Applicable.

Accommodation

Tenure

Leasehold - Each property will be sold on a new lease from completion, on a term expiring May 2131, at a ground rent to be advised

 

Tenancy Schedule

Accommodation Schedule

UnitFloorAccommodationGIA
2FirstTwo bedrooms, reception room, kitchen, bathroom/wc, balcony624 sq.ft
3FirstTwo bedrooms, open plan reception room/kitchen, bathroom/wc, balcony616 sq.ft
4FirstTwo bedrooms, open plan reception room/kitchen, bathroom/wc, balcony688 sq.ft
6FirstBedroom, reception room/dining room, kitchen, bathroom/wc602 sq.ft
7FirstBedroom, reception room/dining room, kitchen, bathroom/wc581 sq.ft
8FirstTwo bedrooms, open plan reception room/kitchen, bathroom/wc, balcony667 sq.ft
10SecondTwo bedrooms, reception room, kitchen, bathroom/wc, balcony732 sq.ft
14SecondTwo bedrooms, one with en-suite shower room/wc, reception room, kitchen, bathroom/wc, balcony614 sq.ft
16SecondBedroom, reception room/dining room, kitchen, bathroom/wc581 sq.ft
17SecondBedroom, reception room/dining room, kitchen, bathroom/wc581 sq.ft
21ThirdTwo bedrooms, one with en-suite shower room/wc, reception room, kitchen, bathroom/wc, balcony969 sq.ft
22ThirdTwo bedrooms, open plan reception room/kitchen, bathroom/wc688 sq.ft
23ThirdBedroom, reception room/dining room, kitchen, bathroom/wc581 sq.ft
24ThirdBedroom, reception room/dining room, kitchen, bathroom/wc570 sq.ft

Note: Flat 22 has experienced fire damage and is not habitable in its current state

 

 


*Terms & Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,250 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,750 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All lots sold “Subject to Vendor Confirmation” will be subject to the acceptance and confirmation by the Vendor. The highest bid will be presented to Vendor, the vendor will have to either accept, decline or make a counter offer the highest bid within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising the offer the Vendor is willing to accept. The Highest Bidder will have to either accept or reject the Vendor’s counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.
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