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117 Oxhill Road, Birmingham, West Midlands B21 8HB

Lot no: 74 Sold Prior to Auction
 

Guide Price £118,000+ 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 30th June 2022

10.00am
Key Features
  • Tenanted investment
  • Let at £636 per calendar month / £7,632 per annum
  • Repairing lease
  • EPC Rating: C
  • Council Tax Band: A
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Sold Prior to Auction

Terraced House

Property Description:

DRAFT DETAILS

A three bedroomed terraced property which is currently being let out on a repairing lease at £636 per calendar month / £7,632 per annum to a housing provider.

Located on a road which provides access to the Alexander Stadium which is hosting the Commonwealth Games, One Stop Shopping centre and West Bromwich Football ground, and the M5 motorway.

Room One

13ft 8 x 8ft 3

Room Two

12ft 2 x 11ft 8

Kitchen

8ft 11 x 6ft

Lobby
Bathroom

6ft 8 x 5ft 11

First Floor
Bedroom Three

12ft 2 x 5ft 11

Bedroom Two
Viewings

10th June 11:45 - 12:15
15th June 13:15 - 13:45
24th June 11:45 - 12:15
Please visit the SDL Auctions website to book onto a viewing slot.

Tenure:

Freehold. Subject to tenancy.



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 (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


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 £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

Guide Price & Reserve Price

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.