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232 Clifton Road, Balsall Heath, Birmingham B12 8RU

Auction Event
 

Guide Price £159,500+ 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.

Tuesday 10th December 2024

10.00am
Key Features
  • End Terraced Property
  • Property set in an extremely popular Residential Location
  • Investment opportunity with high demand for BTL properties within the area
  • Potential to reconfigure to a 3 or 4 bedroom house
  • Located close to the Balti Triangle between Stratford Rd and Alcester Rd
  • BTL rents locally exceeding £1,200 pcm for terraced houses
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End of terrace house

Property Description:

An exceptional opportunity to buy a property in a very sought after location and one of the very few houses available to buy in the area.

The property currently has 2 bedrooms and 2 reception rooms and has the potential to be remodelled and made into a 3 or even a 4 bedroom house (STPP).

The property will appeal to investors and home owners alike due to the popularity of the local area and the local amenities available within the Balti Triangle of Stratford and Alcester Road.

With BTL properties in huge demand locally and in extremely short supply this has made rental income in the area extremely desirable, with 3 bedroom terrace properties renting for as much as £1,200+ pcm, investors are sure to be interested in this Clifton Rd location.

Viewings are available.

Lounge - 11ft 4 x 11ft 2
Dining Room / Bed 3 - 11ft 1 x 10ft 11
Kitchen - 8ft 4 x 6ft 10
Bedroom One - 11ft 2 x 9ft 11
Bedroom Two - 19ft 10 x 6ft 10 max
Bathroom - 7ft 11 x 4ft 6
Additional Information:

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


Utilities Information
  • Heating Supply: Gas Central
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On 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.