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80 Graham Road, Birmingham, B25 8JX

Lot no: 59 Sold at Auction for £130,500
 

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 29th April 2021

10.00am
Key Features
  • A three bedroom, mid terrace property in a
  • Currently let producing £6,600 per annum.
  • Sought after location
  • Investment opportunity
  • EPC Rating: D
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Sold at Auction for £130,500

Terraced House

Property Description:

A three bedroom, mid terrace property in a sought after location, let producing £6,600 per annum.

This mid terrace property is located on Graham Road, off Coventry Road which leads directly into Birmingham City Centre. The property is surrounded by amenities with a number of supermarkets, independent businesses and popular bars and restaurants nearby. The areas popular Swan Shopping centre is within close proximity and there are a number of reputable schools within catchment. Transport links include bus services, Tyseley train station approximately one mile away and strong road links with Conventry Road also linking to the motorway network.

The property benefits from gas central heating, double glazing and off street parking.

The auctioneers have not inspected the property internally.

Occupancy

Subject to tenancy. See legal pack for further information.

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.