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9 Alfred Street, Tamworth, Staffordshire B79 7RL

Lot no: 66b Re-entry to a future auction for £
 

Guide Price £155,000+ plus fees

UnconditionalOn 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 22nd August 2024

9.00am
Key Features
  • Previously used as a 6 Bed HMO
  • Good Location
  • High Yield and potential to add value
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Re-entry to a future auction for £

House of Multiple Occupation

Property Description:

Previously used as a6 bed HMO offered with vacant possession upon completion. The property is of brick construction and benefits from part uPVC double glazing

The property itself offers six bedrooms and two bathrooms with one en-suite, communal living room and kitchen area. The property has been previously registered for HMO. For further information please call the office to arrange access.

The property is located within very close proximity to the Tamworth town centre, with local amenities and transport links, bus routes, train lines.

The accommodation comprises -

Entrance Hall

Front Room Bedroom One 9ft x 10ft 5

Reception Two 11ft 3 x 14ft

Rear Entrance/ Porch

Kitchen 7ft 5 x 10ft 5 (combi boiler not tested)

WC

Rear Room with patio doors
Bedroom Two 5ft 10 x 12ft 6

First Floor Landing

Bedroom Three 13ft x 10ft 5
Bedroom Four 10ft 7 x 11ft 7 with fitted wardrobe

Bathroom

Separate shower and WC

Second Floor Landing

Bedroom Five 7ft 8 x 13ft 1
Bedroom Six 10ft 10 x10ft 3

Services

Mains gas, electricity, water and drainage are believed to be connected. Prospective buyers are advised to make any necessary independent enquiries in this respect before placing their bid, as this will be binding.

Heating

Gas central heating (taken from EPC)

Building construction

Solid brick, as built.

Broadband

Standard 16 mbps, Superfast 233 mbps and Ultrafast 1000 mbps are available in this location

Mobile Signal

EE, O2, Vodaphone and Three are available in this location.

Satellite and Cable TV Availability

Sky, Virgin and BT are available in this location.

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 under an Unconditional sale type.

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.