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135 Willenhall Street, Darlaston, Wednesbury, WS10 8HW

Lot no: 110 Re-entry to a future auction
 

Guide Price £100,000+ 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 28th May 2020

10.30am
Key Features
  • Vacant property
  • Lounge
  • Kitchen
  • Three bedrooms
  • EPC Rating: D
  • Off road parking
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Re-entry to a future auction

Terraced House

Property Description:

This three bedroomed property is an ideal purchase for the buyer who is looking for easy access to the M6 motorway, the property is located between junctions 9 & 10. With an anticipated rental return between £650 per calendar month it would return a yield of over 7% if purchased at the current guide price.

The auctioneers have not inspected the property internally.

Ground Floor:
Lounge

13-10 x 11’11

Kitchen

13’10 x 7’10

First Floor:
Bedroom One

10’3 x 10’0

Bedroom Two

9’10 x 8’10

Bedroom Three

7’10 x 6’11

Bathroom

6’9 x 6’3

Outside

Driveway providing off road parking to the front and a garden to the rear

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.

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