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Terraced House
DRAFT DETAILS
A three bedroomed terraced property being located in Small Heath. The property would benefit from modernisation which once completed, thought suitable as a Buy-to-Let investment opportunity subject to any restrictions contained within the lease. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. The property would return an estimated rental income of £675 per calendar month or £8,100 per annum.
11ft 4 x 11ft 4
12ft 1 x 1ft 4
8ft 5 x 5ft 10
8ft 0 x 6ft 11
11ft 4 x 11ft 1
12ft 3 x 11ft 4
8ft 4 x 5ft 11
10th June 13:15 - 13:45<br>15th June 12:00 - 12:30<br>24th June 13:15 - 13:45<br>Please visit the SDL Auctions website to book onto a viewing slot.
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
