fbpx
My Favourites
Free sales valuation
Click here to watch today's National Property Auction from 9am

11 Grove Road, Stourbridge, DY9 9AE

Lot no: 143 Sold at Auction for £118,000
 

Guide Price £110,000+ 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 25th February 2021

10.30am
Key Features
  • A three bedroom semi-detached property
  • Investment opportunity
  • Popular and convenient location
  • Scope for extension stpc
  • EPC Rating: E
Add to favourites
Sold at Auction for £118,000

Semi-detached house

Property Description:

The property benefits from parking to the front and scope for potential extension to the side and rear, subject to any required permissions. The property benefits from gas central heating and Upvc double glazing and is located in a popular and convenient location giving easy access to local amenities, parks and schooling.

Being sold tenanted on an assured shorthold tenancy at a current rent of £575 pcm/£6,900 per annum. Estimated actual rental value would be £695 pcm/£8,340 per annum. An ideal family home or great buy to let investment.

Ground Floor:
Porch
Entrance Hall
Lounge/Diner

21’ x 12’11

Kitchen

17’ x 6’ (max 8’)

Conservatory

7’ x 7’

First Floor:
Landing
Three Bedrooms

Bedroom One 11’3 x 9’8
Bedroom Two 11’ x 9’
Bedroom Three 10’max x 7’11 max

Bathroom

6’ x 6’

Outside:

Driveway to the front.

Good size rear garden with patio and lawns.

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.