Town house
DRAFT DETAILS
A four double bedroom three storey mid town house with allocated parking space and front/rear access.
Located within a private cul-de-sac close to Merry Hill shopping centre, with the M5 motorway link close by.
Benefiting from double glazing, gas central heating and comprising of entrance hallway with staircase to first floor, fitted kitchen, downstairs guest toilet, lounge with access to rear of property, first floor landing, bedroom three, bedroom four, family bathroom, second floor landing, bedroom one with en-suite shower room and fitted storage and bedroom two with fitted storage.
The property is currently occupied by a long-standing tenant paying £695 per calendar month. We have been advised the tenant has indicated they will be vacating prior to completion with notice served by the landlord. For more information interested parties are advised to inspect the legal pack.
It is thought the potential rent value could be £950.00 per calendar month.
11ft 7 x 10ft 10 (3.52m x 3.30m)
9ft 8 x 7ft 6 (2.94m x 2.29m)
14ft 5 x 11ft 7 (4.38m x 3.52m)
6ft 8 x 4ft 10 (2.04m x 1.46m)
11ft 7 x 7ft 7 (3.52m x 2.31m)
11ft 7 x 10ft 10 (3.52m x 3.30m)
11ft 7 x 7ft 7 (3.52m x 2.31m)
8ft 6 x 4ft 10 (2.60m x 1.46m)
Length of lease: 130 years remaining
Current ground rent: £70.00 per annum
Ground rent review period: Every 25 years (due 2028)
Current service charge: £469.80 per annum
Service charge review period: Annually
This information should be clarified in the legal pack and we’ll update the information above when we receive it.
Leasehold. Subject to tenancy.
130
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 Variable 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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.
