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1 Biddles Hill, Poolhead Lane, Earlswood, Solihull B94 5EN

Lot no: 154 Re-entry to a future auction
 

Guide Price £340,000+ plus fees

Unconditional with Variable 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 30th November 2023

10.00am
Key Features
  • Three bedroomed semi detached house
  • Substantial gardens with potential to develop (subject to planning)
  • Prime location
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Re-entry to a future auction

Semi-detached house

Property Description:

A three bedroom semi-detached property located along Biddles Hill, Poolhead Lane which requires some renovation and potential to add substantial value. Extensive gardens (0.3) Acre approx., in L shape at the rear which also could benefit from separate entry access with extension potential subject to planning permission.

There may also be the potential to create a separate dwelling on the land owing to the size and we advise parties to take a closer look. This would be subject to planning approval.

The double glazed and oil centrally heated property has driveway to the front and comprises.


Porch with entrance door to;

Entrance Hall - stairs off to first floor

Living / Dining Room
6.29m x 3.66 ( narrowing to 2.70m )

Kitchen
2.75m x 1.97m

Utility Area
2.12m x 1.88m

Guest W.C.

Downstairs Bathroom - with bath and wash basin

First Floor Landing - all first floor rooms leading off

Bedroom One
4.85m (Max) x 3.13m

Bedroom Two
3.14m x 2.71m

Bedroom Three
2.19m x 2.01m Always used as third bedroom, however, has recently had installed a WC and wash basin

Large Garage
3.65m x 6.00m a huge and useful side garage with door to garden

Rear Garden - an outstanding feature is the large L shaped rear garden.

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 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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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 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.