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50 Gillway Lane, Tamworth, Staffordshire B79 8PL

Lot no: 167 Sold Prior to Auction
 

Guide Price £225,000+ 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
  • Semi Detached Property
  • Two Reception Rooms
  • Two Double Bedrooms
  • Driveway and Enclosed Rear Garden
  • EPC Rating: E
  • Council Tac Band: C
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Sold Prior to Auction

Semi-detached house

Property Description:

A two bedroom, semi-detached home situated within the highly sought after location of Gillway Lane, on the northern edge of Tamworth.

Property comprises of a door opening into the large entrance hallway with tiled flooring, exposed painted brickwork, step into inner hallway with doors leading off to downstairs accommodation. The front reception room is currently used as a living area, having a window to the front aspect, carpeted flooring and a ceiling light point.

The second reception room is used as a dining room, having a chimney breast with electric fire, carpeted flooring, ceiling light point, glazed sliding doors leading to the conservatory, and a door to the side hall.

A door leads out to the side of property, together with access into the under stairs pantry. The kitchen is fitted with a matching range of base and wall units with tiled splashbacks, inset sink with drainer and window to the rear aspect.

Upstairs, there are two spacious double bedrooms and the family bathroom comprising low level WC, wash basin and bath. There is also a double glazed window to the rear aspect.

Benefitting from gas central heating and part double glazing.

Outside to the front of the property is a lawned garden with large, tarmac driveway providing off road parking for up to four cars and an enclosed carport. To the rear is a predominantly lawned garden with paved seating areas, garden shed, WC, plus various plants, trees and shrubs.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

We have been informed by the vendor that the property is 'sold as seen' and the main water supply is shared with the adjoining property No 48.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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.