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40 Carlisle Street, Birmingham, West Midlands B18 7EW

Lot no: 9 Sold at Auction for £146,000
 

Guide Price £89,000+ 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.

Tuesday 5th September 2023

10.00am
Key Features
  • End Town House
  • Large end plot
  • Requires modernisation
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Sold at Auction for £146,000

End of terrace house

Property Description:

An end town house standing on an end plot and offering scope for modernisation and extension.

The property is situated in a quiet residential cul de sac but close to a great range of local amenities and hospital.

Requiring modernisation but benefitting from gas central heating and UPVC double glazing along with ample parking.

An ideal buy to let investment opportunity. Based on comparable evidence, there is an estimated rental value, after modernisation, of up to £900 per calendar month/£10,800 per annum. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

The property offers scope for extension to the side and rear, subject to any required consents.

Upstairs could easily be converted to offer 3 bedrooms.

Entrance Lobby

With door to hallway.

Reception Hall

With store cupboard, radiator and stairs off.

Kitchen 3.05m x 2.60m

With basic units, sink, worktops, walk in pantry, radiator and window to front.

Lounge 4.50m x 3.04m

Having radiator and patio doors to rear garden.

Landing

With cupboard housing the combi boiler.

Bedroom One 4.50m x 3.60m

A large L shaped room with walk in wardrobe, two radiators and two windows to the rear aspect. The room could be divided to offer two bedrooms.

Bedroom Two 2.66m x 2.62m

With radiator and window to front.

Bathroom

Having low flush w.c. wash hand basin and panel bath with shower over. Radiator and window to front.

Outside

Driveway to the front along with extra parking space. Good size gardnes to the side and rear which are overgrown but enclosed by wood panel fencing. <br>Scope to extend to side and rear subject to permissions.

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 Fixed Fee.

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

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 (and any applicable Home Report for residential Scottish properties).


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.