****FOR SALE BY THE MODERN METHOD OF AUCTION with a starting bid of £150,000**** A good sized four bedroom mid terraced home situated in this popular part of Bromsgrove. The property is in need of TOTAL REFURBISHMENT but offers lots of potential with accommodation to comprise of entrance hall, lounge, kitchen, to the first floor there are four bedrooms and a family bathroom. Also benefits from front and rear gardens. CASH BUYERS ONLY DUE TO A SHORT LEASE. EPC: D.
LOCATION
The property is situated in a popular location close to Millfields First School. This location also offers excellent access to a good range of local amenities with Bromsgrove Town Centre being just a short drive away. Also with excellent access to the regions road network offering excellent local transport links.
SUMMARY
*The property is situated behind a lawned front garden offering potential to be converted into a driveway with path to the side and front access door leading through to
*Entrance Hall with storage cupboard and doors off to
*Kitchen with window to the front, base units and gas point for cooker.
*Lounge with stairs rising to the first floor, gas point for fire, window to the rear and patio doors to the garden.
*First floor landing with airing cupboard and doors off to
*Bedroom One with window to the rear
*Bedroom Two with window to the rear
*Bedroom Three with window to the front
*Bedroom Four with window to the front
*Bathroom with window to the front, bath, low level wc and wash hand basin.
** NO ONWARD CHAIN **
GENERAL INFORMATION
The Agent understands that the property is LEASEHOLD with a 99 year lease from 25th March 1969.
Council Tax Band: B
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 which 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 East Midlands Property Auction powered by IAM Sold. (Reservation Fee is in addition to the final negotiated selling price.)
AUCTION PACK CAN BE VIEWED AT: (auction pack currently being prepared)
This property is for sale by West Midlands Property Auction powered by IAM-sold Ltd. Viewings are strictly via the agent.
Entrance Hall
2.95m x 1.96m (9'8" x 6'5")
Kitchen
2.95m x 2.77m (9'8" x 9'1")
Lounge
4.85m x 4.85m (15'11" x 15'11")
Landing
Bedroom One
4.52m x 2.74m (14'10" x 9')
Bedroom Two
3.30m x 3.25m (10'10" x 10'8")
Bedroom Three
2.97m x 2.30m (9'9" x 7'7")
Bedroom Four
3.60m x 1.88m (11'10" x 6'2")
Bathroom
1.93m x 1.70m (6'4" x 5'7")