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Flat 2 The Woodlands, 236 Bills Lane, Shirley, Solihull, West Midlands B90 2PP

Lot no: 70 Re-entry to a future auction
 

Guide Price £135,000+ 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 27th January 2022

10.00am
Key Features
  • Two bedroom apartment
  • Long term tenant paying £725 per calendar month
  • Sought after location
  • EPC Rating: C
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Re-entry to a future auction

Apartment

Property Description:

A two bedroomed apartment located at The Woodlands. The accommodation benefits from a communal entrance, entrance hallway, living room, fitted kitchen, two bedrooms, fitted family bathroom, communal gardens and ample parking.

The apartment is located in this much sought after location adjacent to Bills Wood to the fore. A walk along Bills Lane will bring you into the centre of Shirley, whilst following the road in the opposite direction will bring you to Haslucks Green Road where one will find Shirley railway station and a run of local shops including the new Sainsburys Local convenience store.

The more comprehensive shopping of Shirley will be found at the far end of Bills Lane, approximately one mile from the property on the A34 Stratford Road in the town centre. Here one has an excellent choice of shopping, restaurants and hostelries, a thriving business community which extends south down the Stratford Road to the Cranmore, Widney, Monkspath and Solihull Business Parks. Beyond here is the junction of the M42 motorway, two junctions down which will bring you to the National Exhibition Centre and Birmingham International Airport and railway station.

We have been advised by the vendor that the lease has just been extended.

Approach

The property is set back from the road with driveway leading to parking to the rear, communal gardens to rear and back and path leading to communal entrance.

Communal Entrance

Having secure intercom door with door leading to the apartment.

Entrance Hallway

Having doors leading to all rooms.

Lounge 4.7m x 3.63m

Having double glazed windows to side and front, and two central heating radiators.

Kitchen 2.39m x 3.4m

Fitted with a range of wall, drawer, and base level units with work surface over incorporating sink with drainer and mixer tap over, space for cooker with extractor hood over, space for further white goods, tiling to splash prone areas, double glazed window to front, and central heating radiator.

Bedroom One 4.37m x 3.02m

Having central heating radiator, and double glazed windows to side and rear.

Bedroom Two 3m x 2.74m

Having double glazed window to rear, and central heating radiator.

Bathroom

Fitted with low level flush w/c, pedestal wash hand basin, bath with shower over, tiling to splash prone areas, central heating radiator, and obscure double glazed window to rear.

Outside

Communal gardens and parking. Being laid to lawn and for the use of all residents, and paved area for parking.

Tenure:

Leasehold. Subject to tenancy.


Viewings:
To book a viewing, please contact SDL Property Auctions to arrange.

Auction Method:
The auction for this property will take place as an "Auction Event" behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely please see the below section on "Registration Process". The auction can be watched in real-time on the auction date through SDL Property Auctions' website on their home page.
The auction date applicable for the property is displayed underneath the property description. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Property Auctions' Buyers Terms (England & Wales) which are available on SDL Property Auctions website.

Auction type - Unconditional with Variable Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 15 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.

Auction Fees
The following non-refundable fees apply:
Buyer's Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer's Fee is subject always to a minimum of £6,000 (including VAT). The Buyer's Fee does not contribute to the purchase price.
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 Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of SDL Property Auctions, and will be in addition to any fees payable to us. SDL Property Auctions has limited control over the content of the Special Conditions of Sale.

Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

Payment Method:
Applicable fees must be paid immediately after a winning bid has been placed. Payment by cash or cheque will not be accepted. Prior to the auction, you will receive an email from the auctioneer to register your card details with third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by a representative of the auctioneer to make payment. If you cannot be contacted within 24 hours after the auction ends, the auctioneer reserves the right to charge your card.

Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed on SDL Property Auctions website by searching for the property. On the property details page there is a sub-heading "Legal Packs". Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Property Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, visit the SDL Property Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut-off, it cannot be guaranteed that your registration will be processed.