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15 Petersfield Court, Stratford Road, Hall Green, Birmingham, B28 9BL

Lot no: 50 Sold at Auction for £77,000
 

Guide Price in excess of £20,000 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 Leasehold First Floor Apartment
  • EPC Rating: D
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Sold at Auction for £77,000

Apartment

Property Description:

A first floor apartment in a three storey block, standing in communal grounds.

Ground Floor

Communal Entrance with Staircase to:-

First Floor

Communal Landing.
Apartment 15 - Hall, Reception Room, Kitchen, Two Bedrooms, Bathroom/WC with Separate Shower Cubicle.

Outside

Communal Grounds.
The property benefits from having a gas fired central heating system, the majority of the windows are UPVC double glazed units, however the property is in need of some improvement works.

Tenure

We understand that the property is Leasehold (approx. 79 years unexpired), see legal pack for further Lease details. Vacant possession will be given upon completion.

Location

Petersfield Court is situated on the main Stratford Road (A34) and the property is on the junction of Staplehurst Road.

Viewings

See viewing schedule.

Tenure:

Leasehold. 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 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.