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116 Billesley Lane, Moseley, Birmingham B13 9RD

Lot no: 9 Sold at Auction for £240,000
 

Guide Price £150,000+ 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.

Wednesday 27th March 2024

9.00am
Key Features
  • Traditional mid-terraced property
  • Three bedrooms
  • Scheme of improvement required
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Sold at Auction for £240,000

Terraced House

Property Description:

A three-bedroom mid terraced property located along Billesley Lane, Moseley. The property is in need of refurbishment and gives huge scope to add value and benefits from being located close to Moseley Village.

The property comprises to the ground floor

Entrance Hall
Kitchen 6.97 ft x 9.31 ft
Reception room One 11.15 ft x 11.46 ft
Reception room Two 12.28 ft x 10.71 ft
Conservatory - not inspected

First floor
Landing
Bedroom One 11.48 ft x 13.51 ft
Bedroom Two 7.96 ft x 7.55 ft
Bedroom Three 12.30 ft x 11.54 ft
Bathroom
Storage off landing
Externally there are front and rear gardens.

Additional Information
Parking Arrangements: Off street
Water: TBA
Electric: TBA
Sewerage: TBA
Heating: Gas back boiler
Building construction: Brick.
Flood Risk: Very low
Broadband: Standard, superfast and ultrafast available.
Mobile Signal: O2, EE, Three and Vodafone available.
Satellite and Cable TV Availability: BT, Sky and Virgin.

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.