Detached bungalow
A well maintained five bedroomed bungalow located less than 3 miles away from Wolverhampton city centre, situated in the desirable Merry Hill area near to Upper Penn.
The property offers spacious accommodation with the potential for further development or possible conversion to a HMO or small commercial use dwelling, subject to planning and necessary consents. Any enquiries should be made directly to the Local Authority Tel: 01902 551155.
The property comprises:
6.10m x 3.71m
6.10m x 3.05m
2.95m x 4.52m
1.83m x 2.16m
Bedroom One - 4.42m into recess x 3.78m into recess
Bedroom Two - 4.42m into recess x 3.96m
Bedroom Three - 3.94m x 2.87m
Bedroom Four - 3.94m x 3.78m
Bedroom Five - 5.49m into recess x 3.35m
Off road parking, garage and a generous rear garden offering fantastic potential.
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 Variable Fee (England and Wales).
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 fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 Price
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.
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