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194 Harborne Lane, Selly Oak, Birmingham B29 6TQ

Timed Auction
 

Guide Price £280,000+ 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.
Timed Auction

Saturday 1st January 4000

12.00am
Key Features
  • Council Tax Band: C
  • Prime location within walking distance to the University of Birmingham and QE Hospital
  • Previously used as student accommodation with 6 Rooms (planning may be required)
  • EPC Rating: E
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Semi-detached house

Property Description:

A freehold semi-detached property previously used for student accommodation comprising 6 rooms, benefiting from a recently refurbished bathroom, kitchen and downstairs WC along with new flooring. The property is in need of some minor cosmetic finishes along with some external rendering work and is offered with vacant possession upon completion.

The property is within a few minutes walk of the University of Birmingham and the Queen Elizabeth hospital making it highly desirable for student lets, assisted living or HMO accommodation (subject to any appropriate planning). We have been advised there has been use classification in the past for student accommodation although we have not had sight of paperwork.

The accommodation comprises:

Porch

Entrance Hall

Ground Floor Bedroom One
10.70ft x 11.52ft

Ground Floor Bedroom Two
10.97ft x 13.04ft

WC and Shower
Open plan Kitchen Diner area with fitted kitchen and new combi boiler (not tested).

Ground Floor Bedroom Three 12.98 x 11.07

First Floor:

Landing

Bedroom One 13.35ft x 11.13ft

Bedroom Two 11.23ft x 13.21ft

Bedroom Three 5.92ft x 7.66ft

Bathroom with WC

Outside:
Driveway and Rear Garden.

Flood Risk

Very low.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 9 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


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

Driveway



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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.