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125 Hutton Road, Handsworth, Birmingham, West Midlands B20 3RQ

Lot no: 53 Sold at Auction for £125,000
 

Guide Price £70,000+ 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.

Wednesday 31st January 2024

10.00am
Key Features
  • Two double bedrooms
  • Large rear garden
  • In need of renovation and refurbishment
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Sold at Auction for £125,000

Terraced House

Property Description:


The property is located along Hutton Road and is a two bedroom mid terrace property having ample on street parking and within a short distance to many local amenities and public transport into Birmingham City Centre.

The property benefits from a small garden to the front and is set back from the road. Previously owned by a Housing Association the doors and windows were noted to be relatively modern and we noted a gas central heating boiler (not tested).

The property requires decorating and would suit both owner occupiers and investors. We have been advised the property suffers from some structural issues and contains possible asbestos and interested parties are advised to inspect / carry out own survey.

The accommodation comprises:

Ground floor:
Reception Room One -

With windows to the front elevation.

Reception Room Two -

With windows to the rear elevation.

Fitted Kitchen -

With access to garden.

Under Stairs Storage -
First Floor:
Two double bedrooms
Large bathroom
Outside:
Extensive rear garden
Small front garden
Note:

We have been advised there are structural issues. Buyer to rely on their own survey. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

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 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.