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23 Warwell Lane, Birmingham B26 1DB

Lot no: 8 Sold at Auction for £191,000
 

Guide Price £160,000+ 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.

Thursday 25th April 2024

9.00am
Key Features
  • 5 lettable rooms, ideal as a HMO (subject to planning)
  • Detached garage to the rear
  • Very popular residential area
  • Nearby Bullring + Birmingham Airport
  • Further potential to extend subject to planning consent
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Sold at Auction for £191,000

End of terrace house

Property Description:

An excellent investment property in the popular area of Yardley.

There are 5 lettable rooms and this would make a fantastic HMO subject to obtaining planning consent. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

The property comprises of entrance hallway, large front lounge, rear dining room, kitchen and store room downstairs.

Upstairs are three well sized bedrooms and family bathroom.

Externally is a private courtyard garden and detached garage.

Positioned at the midpoint between Birmingham International Airport, The Bullring and Solihull, Swan Courtyard is the prime location for those seeking an easy commute and a myriad of things to do and see.

Entrance Hallway
Front Lounge/Bedroom - 3.3m x 4.4m
Dining Room/Bedroom - 3.3m x 4.4m
Kitchen - 2.9m x 1.5m
Store Area - 2.6m x 3.6m
First Floor Landing
Bedroom - 3.8m x 3.4m
Bedroom - 3.8m x 3.5m
Bedroom - 1.8m x 2.7m
Bathroom - 1.8m x 2.7m
Outside

Private courtyard garden. Detached garage. Potential to extend subject to obtaining planning consent. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

Services:

Mains gas, electricity, water and drainage are believed to be connected. Prospective buyers are advised to make any necessary independent enquiries in this respect before placing their bid, as this will be binding.

Heating:

TBC

Building Construction:

Brick.

Broadband:

Standard 14 mbps, Superfast 43 mbps and Ultrafast 1000 mbps are available in this location

Mobile Signal:

EE, O2, Vodaphone and Three are available in this location for Voice and Data.

Satellite and Cable TV Availability:

Sky, Virgin and BT are available in this location.

Potential

May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

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.