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Elm Cottage, 21 Main Street, Stonnall, Walsall, West Midlands WS9 9DX

Lot no: 58 Withdrawn Post
 

Guide Price £365,000+ plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Reservation Fee is subject to a minimum of £6,000.

Friday 15th December 2017

11.30am
Key Features
  • Three bedroomed detached cottage
  • Grade II listed
  • Two reception rooms
  • Popular village of Stonnall
  • EPC Rating: E
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Withdrawn Post

Detached house

Property Description:

There is potential scope for a sympathetic ground floor extension to the rear together with a garage to the rear (as per LDC letter of 19th July 2017).

Please Note: The standard reservation fee does not apply and buyers will pay a reduced fee of £6,000 inclusive of VAT.

The property is approached via the gated access to path leading to front door into:

Hallway - having access to:
Lounge One 14'7 x 12'8" (4.44m x 3.86m)

Having double glazed window to front, central heating radiator and gas feature fireplace.

Lounge Two 13'5 x 14'

Having under stairs storage cupboard, feature fireplace, central heating radiator and double glazed window to front.

Inner Hallway

having stairs and doors leading to:

Study 8'3 x 6'1''

Having double glazed window to rear.

Kitchen 17'6'' maximum x 10'5'' maximum/7'9'' minimum (5.33m x 3.17m/2.36m)

Having sink with tap, two double glazed windows to rear.

Store

Accessed via door from the garden and having gardeners wc.

First Floor
Bedroom One

Having double glazed window to front and central heating radiator.

Bedroom Two

Having double glazed window to front, central heating radiator and fitted wardrobes.

Bedroom Three (off bedroom two)

Having double glazed window to rear, laminate flooring and central heating radiator.

Bathroom

Having double glazed window to rear, wash hand basin with vanity, shower cubicle with shower, bath and low level wc.

Outside
Extensive Rear Garden

Having lawned area with shrubs and plants to borders.

Reservation Fee

The standard reservation fee does not apply and buyers will pay a reduced fee of £6,000 inclusive of VAT.

Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.