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79 Shard End Crescent, Birmingham, B34 7AE

Lot no: 64 Sold at Auction for £99,000
 

Guide Price £90,000+ 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.

Wednesday 18th December 2019

11.30am
Key Features
  • One bedroomed semi-detached bungalow
  • Investment opportunity
  • Sold subject to tenancy
  • Adjoining land with development potential (stpc)
  • EPC Rating: D
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Sold at Auction for £99,000

Semi-detached bungalow

Property Description:

A one bedroomed semi-detached bungalow situated on a large plot set back from Shard End Crescent, within a popular housing estate benefiting from good public transport links. The property also benefits from front and rear gardens along with a further plot of land which is currently fenced off and accessed via a service road. We feel that this could be utilised for development or could be let out, subject to applying for any necessary planning consent.

Ground Floor:
Entrance Hall
Double Bedroom
Kitchen
Lounge
Bathroom
Outside:
Gardens to the front and rear along with separate plot beyond.
Tenancy Details:

We are advised that the property is subject to a rolling AST tenancy with the current rent passing of £595 per calendar month. The Auctioneers have not verified the tenancy agreement and all interested parties are advised to seek clarification from the legal pack.

Viewings:

External viewings only.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

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.