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39 Paget Road, Wolverhampton, WV6 0DS

Lot no: 68 Sold at Auction for £200,000
 

Guide Price in excess of £185,000 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.

Wednesday 18th July 2018

10.30am
Key Features
  • A Freehold Residential Investment Property
  • Current Gross Income: £20,100 pa.
  • EPC Rating: E
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Sold at Auction for £200,000

Semi-detached house

Property Description:

A large semi detached property, standing back from the road behind a foregarden and approached by a front entrance giving access to five self-contained flats. The property is situated in a popular residential part of Wolverhampton, being close to the Adult Educational College and Tettenhall Road, giving access to Wolverhampton City Centre.

Ground Floor

Entrance Porch and Hall giving access to:-
Flat 1 - Lounge/Kitchenette, Bedroom and En-Suite Shower Room.
Flat 2 - Lounge/Kitchenette, Bedroom and Shower Room.

First Floor

Landing leading to:-
Flat 3 - Lounge/Kitchenette, Bedroom and Shower Room.
Flat 4 - Hall, Lounge/Kitchenette, Bedroom and Shower Room.

Second Floor

Flat 5 - Lounge/Kitchenette, Bedroom and En-Suite Shower Room.

Outside

Front and Rear Gardens. The rear garden having the benefit of rear vehicular access.

Tenure

We understand the property is Freehold and is being sold subject to existing tenancies.

Tenancy Details

See table.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure:

Freehold. Subject to tenancy.


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.