FOR SALE BY MODERN METHOD OF AUCTION; starting bid £95,000 plus reservation fee. A TRADITIONAL MID TERRACE PROPERTY OFFERED WITH NO UPWARD CHAIN! Features include two bedrooms, two reception rooms, first floor bathroom and a rear garden. EP Rating F.
TO VIEW OR MAKE A BID - Contact Robert Oulsnam or visit: http://oulsnam.iamsold.co.uk/
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange 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 will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000.00 including VAT. This secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by IAM Sold. (Reservation Fee is in addition to the final negotiated selling price.)
The property is conveniently situated for access to the amenities of the Bearwood High Street. Abbey Infant School, Uplands Manor Primary School and the Thimblemill Library can all be accessed within 0.5 miles of the property. Located under a mile away are both Lightwoods Park and the ever popular Warley Woods and Golf Course. This traditional terrace is a most sought after style, popular amongst local residents and in keeping with the character of the area.
* Traditional mid terrace property
* In need of refurbishment
* Two reception rooms
* Two double bedrooms
* First floor bathroom
* Rear garden
* Sold with no upward chain
* Excellent investment opportunity
Tenure: The agents understand that the property is Freehold.
Services: Please note that the electricity and water have not been used at the property by the current owner and cannot confirm if they are in working order. The gas has also been disconnected at the property.