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53 Wilton Road, Erdington, Birmingham, B23 6UA

Lot no: 63 Sold at Auction for £101,000
 

Guide Price £91,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 14th February 2019

11.30am
Key Features
  • Period Two Bedroom Mid-Terrace Property Requiring Modernisation
  • Situated with a convenient location close to Erdington town centre
  • Ideal investment opportunity
  • EPC Rating: E
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Sold at Auction for £101,000

Semi-detached house

Property Description:

This period mid terraced house occupies a convenient central location close to Erdington town centre and it's amenities with public transport on hand including Erdington railway station being a short distance away and road network providing easy access into Birmingham City centre and motorway connections.
The accommodation which requires complete modernisation throughout briefly comprises: Two reception rooms, kitchen, landing, two bedrooms and bathroom. Outside to the rear is an enclosed rear garden.

Outside to the front the property is set behind a walled fore garden.

Reception Room 14'5" into bay x 11'7" (4.39m x 3.53m)

Approached via opaque glazed door with transom style glazed window over, chimney breast with fireplace, tiled back and hearth fitted with a gas fire, radiator, coving, walk in double glazed bay window to front, glazed door to:

Reception Room Two 14'9" max 11'0" x 10'10" (4.5m x 3.3m)

Having useful under stairs storage cupboard, chimney breast with fireplace with wooden surround, raised hearth fitted with gas fire, radiator, double glazed bay window to rear, glass sliding door to:

Kitchen 9'0" x 7'1" (2.74m x 2.16m)

Having double glazed window to rear, glazed window to side, a range of wall and base units with work surface incorporating inset stainless steel sink with tiled splashback surround, space for cooker, space and plumbing for washing machine, wall mounted gas central heating boiler, door giving access to rear garden.

Landing

Being approached by staircase with balustrade, with doors to:

Bedroom One 11'7" x 11'11" (3.53m x 3.63m)

Having double glazed window to front, radiator, chimney breast, built in storage cupboard with access to loft.

Bedroom Two 11'4" x 8'10" (3.45m x 2.69m)

Having double glazed window to rear, chimney breast with cast iron fireplace, radiator.

Bathroom

Having a white suite comprising bath, pedestal wash hand basin, W.C, airing cupboard housing hot water cylinder, radiator, opaque double glazed window to rear.

Outside

To the rear is an enclosed paved rear garden, fencing to perimeter, gated access to rear.

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.