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5 Albert Road, Erdington, Birmingham, Birmingham, West Midlands B23 7LT

Lot no: 66 Sold at Auction for £181,000
 

Guide Price £140,000+ 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 29th September 2022

10.00am
Key Features
  • Two reception rooms
  • Three bedrooms
  • Off road parking
  • Rear courtyard and garden
  • EPC Rating: D
  • Council Tax Band: B
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Sold at Auction for £181,000

Semi-detached house

Property Description:

A three bedroom period semi-detached family home in need of further improvement and offering great scope extension/development, subject to planning permission. Existing benefits include two reception rooms plus breakfast room, kitchen, first floor bathroom, central heating, stained glass windows, outbuildings, off road parking, rear courtyard and garden.

The property is ideally located for access to local shops, major bus connections and amenities on Slade road, Brookvale Park and Lake is 0.3 miles/550m, Gravelly Hill Cross City Line Train Station 0.4 miles/600m and M6 Junction 6/A38 Aston Expressway are around 0.8 miles/1.3km.

Reception One

4.24m x 3.55m

Reception Two

3.93m x 3.68m

Breakfast Room

3.53m x 2.84m

Kitchen

2.87m x 2.28m

Bedroom One

4.70m x 3.63m

Bedroom Two

3.96m x 2.92m

Bedroom Three

2.87m x 1.90m

Bathroom

1.95m x 1.90m

Tenure:

Freehold. Vacant possession upon completion.



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 Variable 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.