Alder Lane

Balsall Common

22apartment
Guide Price:£230,000
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Property details

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Large Ground Floor Apartment
  • Two Bedrooms
  • Ensuite To Master
  • Lounge / Kitchen / Diner
  • Keypad Entry System

Council Tax Band:

C

Tenure:

Leasehold

Ground Rent:

£250.00

Ground Rent Review Period:

Contact Branch

Annual Service Charge:

£2,784.00

Length of Lease:

106 years

***Please note this property is open to both cash and mortgage buyers***
A beautiful and surprisingly large ground floor two bedroom apartment in the private Gables development in the heart of Balsall Common. Close to amenities, schools and Berkswell train station, and finished to a high specification throughout, this is the perfect opportunity for first time buyers and investors alike. No Chain

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.


Approach
Entrance to the communal foyer is gained via key and keypad entry system.

Entrance Hallway
Cupboard housing the central heating boiler.

Lounge/Kitchen/Diner
23' x 16' 4" ( 7.01m x 4.98m )
Fitted with a range of base and wall mounted units with complementary work surfaces, sink and drainer unit with mixer tap, appliances to include integral automatic washing machine, dishwasher, fridge freezer, electric/gas oven with four ring gas hob with cooker hood above and undercounter lights. Window to the front, two patio doors leading to communal patio area.

Bedroom One
11' 5" Max x 10' 10" ( 3.48m Max x 3.30m )
Fitted wardrobes providing hanging and shelving space, window to the rear, door through to:

En-Suite
Fitted with a suite comprising low-level WC, wash hand basin, shower cubicle with electric shower fitted, shaver point and extra extractor fan.



Bedroom Two
10' 2" x 9' 11" ( 3.10m x 3.02m )
Fitted wardrobes providing hanging and shelving space, window to the rear.





Family Bathroom
Fitted with a sweet comprising wall hung WC, wash hand basin, bath with mixer tap and showerhead attachment, shaver point and extra extractor fan.

Communal Area
The carpark has allocated parking, is accessed by remote automatic electric gates with a guest intercom.

Utilities, rights & restrictions

Utility Supply:

  • ElectricityMains Supply
  • WaterMains Supply
  • HeatingGas Central
  • BroadbandFTTP
  • SewerageMains Supply

Rights & Restrictions:

  • Private rights of wayfalse
  • Public rights of wayfalse
  • Listed propertyfalse
  • Restrictionsfalse

Risks:

  • Flooded in last 5 yearsfalse
  • Flood defencesContact branch
  • Source of floodContact branch

Guidance Notes

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Valuation Type

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Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply. Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help. ** The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 29/01/26. Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

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PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. *THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 31/12/2024 AND IS CORRECT AS AT 13/02/2025.

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.