Merrishaw Road, West Heath, Birmingham, B31 3SN
Contact AgentHouse Hub Sales and Lettings Ltd, Rubery
About the Property
FOR SALE BY MODERN METHOD OF AUCTION * WELL PRESENTED SEMI DETACHED * TWO DOUBLE BEDROOMS * LOUNGE * BREAKFAST/KITCHEN * FAMILY BATHROOM * GAS CENTRAL HEATING * DOUBLE GLAZING * NO CHAIN *
This property will be offered for sale on Thursday 21st November at The Molineux Stadium, Wolverhampton. Registration from 6pm with the auction starting at 7pm.
- FOR SALE BY MODERN METHOD OF AUCTION
- DECEPTIVELY SPACIOUS SEMI DETACHED
- TWO DOUBLE BEDROOMS
- REFITTED BATHROOM
- GAS CENTRAL HEATING & DOUBLE GLAZING
- LARGE REAR CORNER GARDEN
- RENTAL YEILD INFORMATION AVAILABLE
AUCTIONEERS COMMENTS This property will be offered for sale on Thursday 21st November at The Molineux Stadium, Wolverhampton. Registration from 6pm with the auction starting at 7pm.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000.00 including VAT. which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
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 Modern Method of Auction, which is operated by West Midlands Property Auction powered by IAM Sold. (Reservation Fee is in addition to the final negotiated selling price.)
SUMMARY DESCRIPTION Deceptively spacious semi detached property, accommodation briefly comprising Two Double Bedrooms, Lounge, Fitted Kitchen/Diner, Lean to with plumbing for automatic appliances, Refitted contemporary bathroom. Double glazing, Gas Central Heating. Large Front and Rear Gardens. Freehold. No Upward Chain. Recently a rental property with an achievable rental potential of £725pcm
LOUNGE 11' 07" x 12' 07" (3.53m x 3.84m) max
KITCHEN/DINER 9' 11" x 19' 00" (3.02m x 5.79m) max inc units
LEAN TO/UTILITY ROOM 4' 08" x 13' 11" (1.42m x 4.24m)
LANDING Loft access and doors to
BEDROOM ONE 11' 03" x 18' 10" (3.43m x 5.74m) max into recess and door recess
BEDROOM TWO 8' 05" x 12' 02" (2.57m x 3.71m)
BATHROOM 5' 05" x 7' 08" (1.65m x 2.34m) max
REAR CORNER GARDEN Paved patio area leading to large lawned area which extends around to side of property, panel fencing to all boundaries
ANNUAL YIELD POTENTIAL This property presents an annual yield opportunity for potential investors or landlords of around 7.25% based upon previous rental value of £725 pcm
TENURE - FREEHOLD Tenure Disclaimer
Consumer Protection from Unfair Trading Regulations 2008
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. References to the tenure of a property are based on information supplied by the seller. The Agent has not had sight of the title documents. A buyer is advised to obtain verification from their solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.