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

Plot 9 Pedmore Lane, Pedmore Hall Lane, Pedmore DY9 0SS

Lot no: 11 Sold at Auction for £10,000
 

Guide Price £10,000+ 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 27th April 2023

10.00am
Key Features
  • Parcel of land
  • Freehold
  • Prime location close to Hagley
  • Potential to develop subject to obtaining planning consent
Add to favourites
Sold at Auction for £10,000

Land

Property Description:

A freehold plot of land measuring approximately 500 sq.m located in Pedmore, Stourbridge. The plot of land fronts Pedmore Lane a short distance from the junction with the Hagley Road, situated in an upmarket residential area close to Hagley the site can be accessed via Pedmore lane. Interested parties are advised to inspect the legal pack for more information.

Viewing

Direct on site.

Note

Please be advised that the auctioneers have not personally inspected the land. May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

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 (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.