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99 Millfields Road, Bilston, WV14 0QX

Lot no: 1 Sold at Auction for £85,000
 

Guide Price £68,000+ 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 18th July 2019

11.30am
Key Features
  • Three bedroomed semi-detached property
  • Popular residential location
  • Scheme of upgrading required
  • Six month completion
  • EPC Rating: E
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Sold at Auction for £85,000

Semi-detached house

Property Description:

A three bedroomed semi-detached property situated within a popular location, close to local amenities and the canal. The accommodation requires a full scheme of upgrading and modernisation. The Council have stipulated that completion will take place 6 months from the date of exchange. Please note the sale will be subject to the purchaser being granted a 6 month licence to bring the property up to a decent homes standard.

In brief the accommodation comprises:

Ground Floor:
Hallway
Lounge
Sitting Room
Kitchen
Shower Room
Store Room
First Floor:
Landing
Three Bedrooms
Bathroom

With three piece suite.

Outside:
Larger than average Rear Garden
Auctioneers Notes:

1. Please note that no offers will be accepted prior or post Auction.

2. In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,250.

3. Completion will take place 6 months from the date of exchange. Please note the sale will be subject to the purchaser being granted a 6 month licence to bring the property up to a decent homes standard.

Tenure:

Freehold.


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.