House of Multiple Occupation
A large detached property, situated off the Stourbridge Ringroad, which has been converted into a Licenced HMO of 14 rooms with one additional self-contained flat, standing back from the road behind a short foregarden with rear driveway entrance to parking area. The rear garden may offer further development potential, subject to obtaining the necessary planning permissions.
Hall, Store Room, Shared Bathroom and WC.
Flat 2a - Bedsitting Room with Kitchenette.
Flat 2b - Bedsitting Room, Kitchen/Breakfast Room.
Landing.
Flat 3 - Hall, Bedroom, Lounge, Breakfast Kitchen and Bathroom.
Landing, Shared Bathroom and WC.
Flat 4 - Bedsitting Room and Kichenette.
Flat 5 - Living Room/Kichenette, Bedroom.
Hall, Shared Bathroom and WC.
Flat 1a - Bedsitting Room and Kitchen.
Flat 1b - Lounge, Kitchen and Bedroom.
Shared Bathroom and WC.
Flat 2a - Lounge, Kitchenette and Bedroom.
Flat 2b - Bedsitting Room and Kitchenette.
Landing, Shared Bathroom and WC.
Flat 3a - Bedsitting Room and Kitchenette
Flat 3b - Lounge, Kitchenette and Bedroom.
Shared Bathroom and WC.
Flat 4 - Bedsitting Room and Separate Kitchen.
Flat 5 - Lounge/Kitchenette and Bedroom.
Shared Bathroom and WC.
Flat 1a - Bedsitting Room and Kitchen.
Flat 1b - Lounge, Kitchen and Bedroom.
Rear Garden with vehicular access.
The property has electric heating and gas for cooking.
We understand the property is Freehold and is being sold subject to existing tenancies.
All tenancies are Assure Shorthold Tenancies of varous lengths (see legal pack for full details).
Strictly by arrangement with the Auctioneeers.
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.
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