End of terrace house
An end terraced property which has been well converted into an HMO of six bedsitting rooms, but also has the potential to convert the existing shared sitting room into a self-contained bedsitting room, planning permission for which was granted under application 17/00946/FUL by Wolverhampton City Council. The property is set back from the road behind a short foregarden.
Entrance Porch, Hall, Access to Cellar, Shared Living Room (which now has planning permission to convert into a self-contained bedsitting room), Dining Kitchen, Bathroom and WC, Bedsitting Room 1 (Double) with Shower and Wash Hand Basin.
Landing, Shared WC, Laundry Area, Bedsitting Rooms 2 and 3 (Single) with Shower and Wash Hand Basin. Bedsitting Rooms 4 and 5 (Doubles) with Shower and Wash Hand Basin.
Landing with Access to Loft Storage, Bedsitting Room 6 (Double) with Shower and Wash Hand Basin.
Front and rear gardens with ample hard standing parking for two cars at the rear, accessed via Pine Close.
The property has the benefit of gas fired central heating and UPVC double glazing. The property has been granted an HMO Licence and has a fire alarm.
We understand that the property is Freehold and is being sold subject to the existing tenancies.
Strictly by arrangement with the Auctioneers.
Freehold. Subject to tenancy.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
