fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

41 Beech Road, Erdington, Birmingham, B23 5QJ

Lot no: 32 Withdrawn Post
 

Guide Price £55,000+ 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 23rd May 2019

11.30am
Key Features
  • Excellent Investment Opportunity - Income of £6,000 per annum
  • Located in Popular Area
  • Conveniently Located to Boldmere high street
  • Within one mile of Chester Road train station
  • EPC Rating: E
Add to favourites
Withdrawn Post

Maisonette

Property Description:

A first floor maisonette found in a popular development within one mile of Chester Road train station.

Conveniently located for access to Boldmere high street and the numerous bars, restaurants and shops it has to offer.

The Auctioneers have not inspected the property but believe it to comprise:

Ground Floor
Entrance Door with Stairs Leading to First Floor
First Floor
Hallway
Lounge
Kitchen
Bedroom
Bathroom
Tenure

The property may be subject to service charge and ground rent. All interested parties are asked to refer to the legal pack for further information and seek legal advise should they have any queries regarding its content.

We are informed the property is sold subject to an Assured Shorthold Tenancy producing an income of £500 pcm. The Auctioneers have not verified the tenancy agreement and interested parties are advised to seek clarification from the legal pack.

Tenure:

Leasehold. 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.