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28 & 30 Victoria Road, Tamworth, Staffordshire B79 7HS

Lot no: 26 Sold at Auction for £425,000
 

Guide Price £395,000+ 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 14th February 2019

11.30am
Key Features
  • Excellent investment opportunity
  • Versatile uses with lots of space
  • Planning permission for HMO
  • EPC Rating: D
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Sold at Auction for £425,000

Terraced House

Property Description:

This unique property is situated in the town centre within a short walk from the railway station. These individual properties benefit from ground floor commercial planning consent, and was previously run as a childrens nursery. Currently joined by a very large conservatory shared rear garden.

Ideal buy to let investment, family home or two large four bedroomed properties. Planning permission has been approved by Tamworth Borough Council dated 6/12/2018 for change of use to two Houses of Multiple Occupation, reference 0475/2018.

These properties must be seen to appreciate the enormous potential for development. There is a great amount of scope and endless possibilities.

Ground Floor

Reception one, reception two, sitting room, toilet block, conservatory, reception three, family room, lounge area, toilet block, kitchen

First Floor

Snug, living room, utility room, separate WC, TV room, games room, utility, toilet block

Second Floor

Office, canteen, storage area one, storage area two, two further stores

Outside

To the rear there is a childrens play area which is low maintenance with soft flooring and astro turf, decking and various wooden out-buildings

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 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.