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Coven Coppice, Lawn Lane, Wolverhampton, WV9 5BA

Lot no: 35 Postponed

Guide Price £300,000+ 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 25th February 2021

Key Features
  • Detached House
  • Three Bedrooms
  • Double Garage
  • Aprrox 3 Acre Plot
  • EPC Rating: E
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Detached house

Property Description:

Coven is a village in the district of South Staffordshire, England, near to the border with Wolverhampton. Together with Brewood it forms part of the parish of Brewood & Coven.

Situated on the border of South Staffordshire, with convenient access to the i54 Business Park, M54 motorway network and transport links to Wolverhampton City Centre, this property is
conveniently placed for local supermarket, shops, library and other amenities serving the Pendeford area.

Coven Coppice was built in the 1980's and is a three bedroom detached property with a brick built double garage and land to the right side and rear.

The total plot will be approximately 3 acres in total and the land is predominantly flat throughout.

The ground floor of the house briefly comprises of an entrance porch, entrance hallway, living room, dining kitchen, utility room, w/c and conservatory.

Upstairs, there are three well proportioned bedrooms, bathroom with seperate shower and then a w/c.

Outside, there is a rear garden as well as the predominantly flat ground to the side which extends to the rear. The ground directly behind the house is mainly sparse woodland.

For any further information, please refer to the legal pack



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.