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94 Bull Lane, West Bromwich, B70 9PB

Lot no: 13 Sold at Auction for £105,000
 

Guide Price £95,000+ 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.

Tuesday 29th October 2019

11.30am
Key Features
  • Residential investment opportunity
  • Three bedrooms
  • Convenient residential location
  • Rear garden
  • EPC Rating: D
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Sold at Auction for £105,000

Terraced House

Property Description:

A three bedroomed mid-terrace investment property set over three floors located close to local amenities and offering good transport links.

The property comprises:

Ground Floor:
Hallway
Reception Room

11.4ft x 10.1 x 14.7ft max x 10.6ft

Kitchen

7.11ft x 6.10ft

First Floor:
Two Bedrooms

Bedroom One - 13.9ft x 8.11ft both max
Bedroom Two - 9.5ft x 9.4ft

Bathroom

6.1ft x 4.10ft

Second Floor:
Bedroom Three

14.2ft x 14.1ft both max

Outside:
Driveway
Rear Garden
Tenancy Details:

We understand the property is subject to an Assured Shorthold Tenancy producing £575 pcm. The Auctioneers have not verified the tenancy agreement and further details will be provided within the legal pack. Please note that the current tenants do have a desire to remain at the property.

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.