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199 Nineveh Road, Handsworth, Birmingham, B21 0TA

Lot no: 51 Sold at Auction for £118,000
 

Guide Price £85,000+ 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
  • Visit sdlauctions.co.uk to register
  • Tenanted property
  • Rental income £7,200pa
  • Three bedrooms
  • EPC Rating: E
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Sold at Auction for £118,000

End of terrace house

Property Description:

A three bedroomed end terrace period style property being set back from the footpath being a wall. Currently rented out on a Assured Shorthold Tenancy for £600 per calendar month / £7,200 per annum.

Located in a residential road and near to the A41 and King Edwards VI Handsworth Grammar School for Girls.

Ground Floor:

Hallway
Front Reception Room - 13.4 x 7.7ft
Rear Reception Room - 12.3 x 11.3ft
Kitchen - 10.1 x 6.8ft
Lobby
Bathroom - 6.7 x 4.7ft

First Floor:

Bedroom 1 - 11.3 x 11.3ft
Bedroom 2 - 12.6 x 8.5ft
Bedroom 3 - 10 x 6.9ft

Outside:

Front and rear gardens.

Viewings:

Please note that internal viewings are not permitted and we would direct you to the virtual tour. Please do not disturb the tenants.

Occupancy

Subject to tenancy. Interested parties are advised to inspect the legal documents.

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.

Virtual Viewing