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66 Raddlebarn Farm Drive, Selly Oak, Birmingham, B29 6UW

Lot no: 62 Sold Prior to Auction
 

Guide Price £68,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 30th July 2020

10.30am
Key Features
  • One bedroomed ground floor maisonette
  • UPVC double glazed and gas centrally heated
  • Popular and well regarded residential location
  • Excellent investment potential
  • EPC Rating: C
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Sold Prior to Auction

Ground floor maisonette

Property Description:

The property benefits from gas central heating, uPVC double glazing and briefly comprises – Entrance hall, spacious lounge, fitted kitchen, double bedroom and shower room. There are ample gardens to front, side and rear. Excellent Investment potential.

Raddlebarn Farm Drive is a modern early 1980's build which forms part of a popular and well regarded residential locality near Selly Oak Centre and all of its amenities. There are ample shops in Selly Oak, there is access to the A38 Bristol Road which leads to neighbouring suburbs including Birmingham City Centre or alternatively Birmingham University. There are ample bus and rail services in Selly Oak. The area is also served by the Queen Elizabeth Medical Centre in Harborne.

Entrance Hallway

Half uPVC entrance door, storage cupboard.

Lounge – 13’3" x 12’3"

Radiator, uPVC double glazed window to front aspect.

Kitchen – 8’7" x 6’6"

Fitted range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, four ring gas hob, electric oven, plumbing for washing machine, uPVC double glazed window to rear aspect.

Bedroom – 9’8" x 9’3"

Walk in wardrobe, radiator, uPVC double glazed window to rear aspect.

Shower Room

Shower cubicle with electric shower unit and attachment, vanity wash hand basin, wc, tiled floor, combination boiler, obscure uPVC double glazed window.

Outside

Lawned gardens to front and side, enclosed rear garden offering certain degree of privacy.

NOTE:

We are advised by the seller that there are approx 60 years left on lease and that the ground rent is approx £60 per annum.

Tenure:

Leasehold.


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.