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114 Gravelly Hill, Birmingham, West Midlands B23 7PF

Lot no: 157 Re-entry to a future auction
 

Guide Price £195,000+ 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
  • Three Bedroom Semi-Detached House
  • Four Reception Rooms
  • Ground Floor Shower Room
  • Substantial Driveway
  • Extensive Rear Garden
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Semi-detached house

Property Description:


A large traditional three bedroom semi-detached property in need of further improvement.

Set back from the main carriageway, further property benefits include four good size reception rooms, three good size bedrooms, ground floor shower room, 1st floor bathroom and WC, off road parking area, rear garden, scope for additional development, subject to relevant permissions, and prime location for commuting and access to Midlands motorway network.

M6 Junction 6/A38 (M) Aston Expressway just 500m/0.3 miles by vehicle. Nearest major bus connections within 170m/0.1 miles. Gravelly Hill Cross City Line Railway Station 650m/0.4 miles. New Street/Grand Central Railway Station and Broad Street Birmingham within 6.0km/0.4 miles.

Entrance Hall - 11ft 9 x 6ft 4 (3.58m x 1.93m)
Reception One - 15ft 4 into bay x 10ft 10 max (4.67m x 3.30m)
Reception Two - 13ft 6 max x 10ft 11 (4.11m x 3.32m)
Reception Three - 17ft 8 into bay x 7ft 8 (5.38m x 2.34m)
Reception Four - 11ft 6 x 11ft 4 (3.50m x 3.45m)
Kitchen - 11ft 10 x 8ft 4 (3.60m x 2.54m)
Ground Floor Shower - 11ft 4 x 3ft 10 (3.45m x 1.17m)
Bedroom One - 13ft 0 x 10ft 11 max (3.96m x 3.32m)
Bedroom Two - 13ft 5 max x 10ft 11 (4.09m x 3.32m)
Bedroom Three - 12ft 0 max x 8ft 4 (3.65m x 2.54m)
Bathroom - 7ft 8 x 7ft 1 (2.34m x 2.16m)
1st Floor WC - 4ft 9 x 2ft 8 (1.45m x 0.81m)
Paved frontage/parking - 32ft 6 x 29ft 7 (9.90m x 9.01m)
Rear Garden - 61ft 9 min x 31ft 0 (18.81m x 9.44m)
Additional Information:

Construction Material: Standard brick. Services: TBC. Heating: Boiler, mains gas. Coverage: Broadband - Standard and Ultrafast is available in this location. Mobile signal - Vodafone shows as high in this area, and EE, Three and O2 as medium. Satellite and Cable - BT, Sky and Virgin show as available in this area.

Note

Prospective buyers are advised to make all necessary independent enquiries 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 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.

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