End of terrace house
A two bedroom freehold end of terrace property currently let out and generating an income of £9,540 per year.
The property is found in an extremely popular residential location with excellent amenities and transport links close by.
Queens Road is located on the outskirts of Smethwick where currently there is high demand for rental properties with incomes increasing significantly.
Construction Material: Standard brick. Heating: TBC. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2 shows as high in this area, and EE, Three and Vodafone as medium. Satellite and Cable - BT and Sky show as available in this area.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
PLEASE NOTE: Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is related to our joint agent in the sale, and the joint agent will receive part of any Buyers Fee as commission. If you have any queries regarding this, please contact us for further information.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Off Street
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 (subject to a minimum of £6,000 inc. VAT).
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.
