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52 Gladstone Street, Walsall, WS2 8BL

Lot no: 138 Sold at Auction for £101,000
 

Guide Price £86,000+ 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 27th May 2021

10.00am
Key Features
  • Three bedroomed end of terraced property
  • Well located approximately a mile from the centre of Walsall
  • In need of modernisation and improvement
  • Excellent investment opportunity
  • EPC Rating: G
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Sold at Auction for £101,000

End of terrace house

Property Description:

A three bedroom end-terrace property, well located just one mile from Walsall town centre. The property is situated close to all necessary amenities including supermarkets, independent businesses and schools for all ages. Walsall train station is just 1.5 miles from the property and there are regular bus services in the area. The A34 and the A4148 are both easily accessible, providing quick and easy travel around Walsall and a direct link to the motorway network. The property is in need of modernisation and in brief comprises of two reception rooms, kitchen, ground floor bathroom and rear garden.

The accommodation comprises:

Ground Floor:
Front Reception Room 12' 11" x 11' 8" ( 3.94m x 3.56m )
Rear Reception Room 12' 2" x 11' 8" max ( 3.71m x 3.56m max
Kitchen 13' 6" x 6' 9" ( 4.11m x 2.06m )
Ground Floor Bathroom
First Floor:
Bedroom One 11' 2" max x 11' 8" max ( 3.40m max x 3.56m max )
Bedroom Two 12' 3" max x 8' 8" max ( 3.73m max x 2.64m max )
Bedroom Three 13' 8" max x 6' 11" max ( 4.17m max x 2.11m max )
Outside

Rear yard.

Note:

The Buyers Fee on this lot is 1.2%, subject to a minimum of £1074 including VAT

Occupancy

Vacant.

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.