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38 Lowesmoor Road, Sheldon, Birmingham, B26 2TN

Lot no: 145 Sold at Auction for £151,000
 

Guide Price in excess of £90,000 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 24th October 2018

10.30am
Key Features
  • A Vacant Extended but not completed end terraced property
  • The property is in need of completion works throughout.
  • EPC Rating: See Legal Pack.
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Sold at Auction for £151,000

End of terrace house

Property Description:

An incomplete extended end terraced property standing back from the road behind a driveway and foregarden.

Ground Floor

Porch, Hall, Three Rooms, Large Breakfast Kitchen (no fittings), Utility Room (no fittings), Lobby, Shower Room/WC (no fittings).

First Floor

Landing, Four Rooms, Bathroom/WC (no fittings).

Outside

Gardens and Side Garage.

The property is in need of completion works throughout.

Tenure

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

Auctioneers Note

1. The accommodation is divided by a mix of breeze block and timber partitioned walls.
2. The Auctioneers advise that appropriate clothing and footwear should be worn when viewing the property and a torch will also be required, due to the condition of this Lot. Viewers must take extreme care and access is at the viewer’s own risk and the Auctioneers accept no responsibility for any accidents or injuries.

Viewings

See viewing schedule.

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 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.