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45 Charlemont Avenue, West Bromwich, West Midlands B71 3BY

Lot no: 1 Sold at Auction for £266,000
 

Guide Price £95,000 - £120,000 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 30th November 2023

10.00am
Key Features
  • Guide Price Range: £95,000 - £120,000
  • Detached House occupying 2 plots (43 and 45)
  • In need of modernisation
  • Built in 1934 for the builder, who built the rest of the street
  • Opportunity to add value
  • Close to a wide range of local amenities and transport links
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Sold at Auction for £266,000

Detached house

Property Description:

An opportunity to renovate a four bedroom detached house occupying a double plot and located in an enviable location within a cul de sac.

This property is in need of modernisation and was built back in 1934. This is the standout property on the street and taking up 43-45 Charlemont St. with lots of potential.

So whether you are looking to add significant value, add an additional dwelling, split to flats or provide supported living accommodation you will be impressed with the options this property has on offer.

Located in a most desirable part of the West Midlands and within a quiet cul de sac, with plenty of local amenities and transport links.

Note

This property occupies 2 plots - 43 and 45

Accommodation - Ground Floor:

Entrance Hall, Kitchen, Lounge/Diner, Annex/additional reception room, WC plus storage

Accommodation - First Floor:

Landing, Four Bedrooms, Bathroom

Outside:

Garage, Off Road parking, Extensive rear garden, Large Workshop (Not inspected internally)

Note

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

Draft Sales Details

These sales details are awaiting vendor approval.

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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

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

• Buyers 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 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.
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