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Plot 2 Hillwood View, Hillwood Road, Four Oaks, Sutton Coldfield B75 5QN

Lot no: 90 Withdrawn
 

Guide Price £785,000+ 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
  • Part completed 5 bed detached property 4,380 sq. ft.
  • Highly sought after part of Sutton Coldfield
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Detached house

Property Description:

A part completed five bedroom detached property (plot 2) within a small residential development of four similar properties within an affluent and highly sought after part of Sutton Coldfield.

We estimate when completed the property would have a value of circa £2 million (subject to internal specification). The property appears to be a considerable way through its construction and we have had site of a report created May 2023 stating the accommodation is to be laid out as:

Ground Floor:
Entrance lobby
Open plan kitchen/dining/lounge
Cinema room
Study
Utility
WC
Double garage

First Floor:
Master bedroom with dressing room, en-suite bathroom and balcony
Bedroom 2 with dressing room and en-suite
Bedroom 3 with dressing room and en-suite
Bedroom 4 with dressing room and en-suite
Bedroom 5 with en-suite.

Total area circa 4,380 sq. ft.

The property is situated on Hillwood Road which is a quiet road on the fringe of Mere Green, characterised by substantial detached houses. This forms a gated development of four properties with far reaching rural views beyond.

Sutton Park is located close by which is popular for those interested in outdoor pursuits, and popular golf clubs including Aston Wood and Little Aston are also located close by.

Interested parties are advised to inspect the legal pack prior to bidding and make their own independent enquiries.

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.