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319 Dudley Road, Wolverhampton, WV2 3JY

Lot no: 36 Sold at Auction for £81,000
 

Guide Price £38,000 - £43,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 6th July 2017

10.30am
Key Features
  • A Vacant Freehold End Terraced Property
  • EPC Rating: D
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Sold at Auction for £81,000

End of terrace house

Property Description:

An end terraced property, standing back from the road behind a short foregarden, which is in need of repair and improvement.

Ground Floor

Large Open Plan Lounge, Kitchen, Bathroom.

First Floor

Landing, Two Bedrooms, Bathroom with Separate Shower (no fittings).

Second Floor

Attic Room and En-Suite WC.

Outside

Gardens.

The property has the benefit of gas fired central heating and UPVC double glazing, however is in need of repair and refurbishment works.

Tenure

We understand that the property is Freehold and vacant possession will be given upon completion.

Auctioneers Notes

1. Please note that no offers will be accepted prior to the Auction.
2. The property is being sold on the basis that the purchaser is to refurbish the property, as a single family dwelling, in accordance with the Decent Homes Standard within a period of 12 months from exchange of Contracts and completion will be deferred until that time.
3. The purchaser will be responsible to pay in addition to the purchase price the Council's professional fees of £1,000.

Viewings

See viewing schedule.

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

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

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

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
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.