Semi-detached house
Property Description:
Available is this deceptively spacious extended three bedroom semi-detached house for sale in Erdington.
Rental demand is very high and a forecasted annual rental yield around £15k can be achieved. The property is ideally suitable for both first time buyers and investors.
The ground floor comprises of an internal hallway and stairway. There is a spacious living room to the front followed by a further reception room/dining room and separate kitchen with direct garden access. The first floor consists of three bedrooms and and a family bathroom room.
Gas central heating and part double glazing is present at the property.
Accommodation
Front living room to bay window - 6.05m x 3.69m
Second reception room/dining room - 3.71m x 3.09m
Kitchen - 5.08m x 2.75m
First Bedroom - 3.66m x 2.88m
Second Bedroom - 4.26m x 2.86m
Third Bedroom - 2.70m x 2.28m
Bathroom
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 under an Unconditional sale type.
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 (subject to a minimum of £6,000 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.
