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22 Hay Road, Yardley, Birmingham, B25 8HY

Lot no: 30 Re-entry to a future auction
 

Guide Price £98,000+ 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
  • Two bedroomed mid terrace property
  • Residential investment
  • Enclosed rear garden
  • Gas central heating and double glazing
  • EPC Rating: E
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Re-entry to a future auction

Terraced House

Property Description:

The property is located close to wide range of amenities and good transport links, within each reach of Birmingham city centre. The accommodation benefits from gas central heating and UPVC double glazing, and in brief comprises:

Ground Floor:
Lounge

11 ft 7 x 10 ft 8
UPVC door, radiator, upvc double glazed window to front aspect.

Sitting Room

11 ft 2 x 10 ft 5
Radiator, upvc double glazed window to rear aspect.

Kitchen

8 ft 5 x 5 ft 6
Several base units, range of fixed shelving above, working surfaces, single drainer sink unit, tiled flooring, plumbing for washing machine, upvc double glazed window to side.

Utility Area

Radiator, tiled flooring, upvc double glazed window to side and rear aspects, half glazed upvc door.

Downstairs Shower Room

Walk in shower, wall mounted wash hand basin, low flush wc, obscure upvc double glazed window.

First Floor:
Two Double Bedrooms

Bedroom One - 13 ft 2 x 10 ft 9 radiator, upvc double glazed window to front aspect.
Bedroom Two - 12 ft 8 x 11 ft 5 radiator, upvc double glazed window to rear aspect.

Bathroom

8’2 x 8’2 – White suite, panelled bath, vanity wash hand basin with cupboards under, low flush wc, Worcester combination boiler, obscure upvc double glazed window.

Outside:
Enclosed Rear Garden
Tenancy Details:

We understand the property is let on an Assured Shorthold Tenancy producing an income of £600 pcm.

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.