Croydon Road, BIRMINGHAM, B248HT

Current Bid £164,000
Time Left 12d 13h 14m 16s

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Fees & Charges Explained

Property Overview

We are please to present this 3 bed mid terraced property with bags of potential for either a family or an investor looking for their next project.

The property comprises of hall, lounge, dining room, kitchen, upstairs bathroom and 3 bedrooms. In need of modernisation and within a good location for the M6, this property is sure to be busy so don't wait, get on that phone and book your appointment to view today!

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold.

This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack.

The Partner Agent and Auctioneer may recommend the services of third parties to you, in which they may be paid for the referral. These services are optional and you will be advised of any payment, in writing, before any services are accepted.

Listing is subject to a start price, and hidden reserve price that can change.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Approach Block paved driveway and fenced boundaries. Entrance Hall Double glazed door to front aspect, central heating radiator and doors leading to the lounge and dining room. Lounge 12' into alcove x 14' 1" into bay ( 3.66m into alcove x 4.29m into bay ) Double glazed bay window to front aspect, gas fire and wooden floor. Dining Room 12' 2" into alcove x 13' 11" ( 3.71m into alcove x 4.24m ) Double glazed window and door to rear aspect, central heating radiator, non-working gas fire and under-stairs storage. Kitchen 5' 9" x 13' 4" ( 1.75m x 4.06m ) Double glazed window to rear aspect, double glazed door to side aspect, a fitted kitchen comprising of a range of wall and base units with work surfaces over, a one and a half bowl sink and drainer, freestanding gas cooker, central heating boiler and central heating radiator. Landing Loft hatch giving access to storage. Bedroom One 9' 5" max x 13' 11" ( 2.87m max x 4.24m ) Double glazed window to rear aspect, central heating radiator and storage cupboard. Bedroom Two 9' 5" into wardrobe x 11' 11" ( 2.87m into wardrobe x 3.63m ) Double glazed window to front aspect, central heating radiator and built-in wardrobe. Bedroom Three 7' 5" max x 13' ( 2.26m max x 3.96m ) Double glazed window to front aspect, central heating radiator and over-stairs cupboard. Bathroom Double glazed window to rear aspect, bath with shower over, pedestal hand wash basin and WC. Garden Paved patio with steps leading up to lawn, shed and fenced boundaries.

Request full details for this property

Please complete the form below to receive full details about the property you are looking at.

All fields marked with an * are required. Please be advised that all calls made to and from iamsold are recorded. Calls are recorded for training and monitoring purposes and may also be used for complaint resolution. Calls are stored securely in accordance with General Data Protection Regulation requirements. Personal information submitted via the request details form will not be shared, rented or otherwise abused.

Burchell Edwards

Local Branch: 3 Queens Court, Birmingham, B23 6BJ

Fees & Charges Explained

Croydon Road, BIRMINGHAM, B248HT

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.

Buyer Information Pack

If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

 

Need More Information?

For further information or to speak to one of our team, please call 0121 366 0539.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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