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1020 Pershore Road, Selly Park, Birmingham, B29 7PX

Lot no: 23 Sold at Auction for £164,000
 

Guide Price £130,000+ 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 23rd May 2019

11.30am
Key Features
  • Ideal Investment
  • Requires refurbishment
  • Potential to convert to HMO
  • Four bedrooms & Two reception rooms
  • EPC Rating: E
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Sold at Auction for £164,000

Terraced House

Property Description:

A four bedroomed three storey property in need of refurbishment, which subject to planning and building regulations could be converted into a HMO. The property is situated between Stirchley and Edgbaston Cricket Ground and within easy reach of University of Birmingham & Queen Elizabeth Hospital, and the newly developed Pebble Mill Dental Hospital.

Ground Floor:
Entrance Hallway
Reception Room One

15.8ft max x 9.7ft max into chimney recess

Reception Room Two

14.2ft x 9.9ft max into chimney recess

Kitchen

14.7ft x 7.2ft

First Floor:
Bedroom One

13.3ft max x 13.2ft max

Bedroom Two

13.3ft max x 13.2ft max

Bathroom/WC

11.5ft max x 7.2ft max

Second Floor:
Bedroom Three

13.2ft max x 8.9ft max

Bedroom Four

13.2ft max x 8.7ft max

Outside:

Front and rear gardens

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.