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74 Margaret Street, West Bromwich B70 8LF

Lot no: 1 Sold at Auction for £159,000

Guide Price £90,000+ 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 26th January 2023

Key Features
  • Spacious end-terraced house
  • Well proportioned three bedroomed accommodation
  • Full scheme of refurbishment required
  • Popular residential location
  • EPC Rating: Awaited
  • Council Tax Band: A
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Sold at Auction for £159,000

End of terrace house

Property Description:

This spacious three bedroom end-terrace house offers well-proportioned accommodation and requires a full scheme of refurbishment, making an excellent opportunity for a local investor / developer or home-buyer looking to take on a project.

The property is situated within a popular and predominantly residential area approximately three quarters of a mile to the south west of West Bromwich town centre. The area is well serviced by way of local shops and other convenient amenities with a more substantial offering within the town centre itself. The area benefits from a popular local bus network and Sandwell and Dudley train station within easy access.


Giving access to -

Front Reception Room

12ft 11 x 8ft 11

Rear Reception Room

14ft 11 x 11ft 2

Storage Cupboard

8ft 0 x 7ft 4

First Floor

Leading to -

Bedroom One

13ft 4 x 11ft 5

Bedroom Two

11ft 2 x 10ft 8

Bedroom Three

9ft 4 x 8ft 0


7ft 11 x 4ft 5

Separate WC

Gardens to front and rear.

Draft Sales Details

These sales details are awaiting vendor approval.


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.