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BID TO PURCHASE

Lodge Road, West Bromwich

Guide Price
£300,000Knowing the purchase price means you can work out the total cost of buying the property.Read more about property price in our glossary page.

Last updated bid: No bids fees applyLast updated 29/04/2024 at 18:26

Auction time left: 8 days

Reduced on 22/04/2024
Paul Dubberley & Co, West Bromwich
PROPERTY TYPE

House

BEDROOMS

5

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • LOOKING FOR A INVESTMENT PROPERTY ON THE OUTSKIRTS OF WEST BROMWICH TOWN CENTRE??
  • FIVE BEDROOMS CURRENTLY TENANTED
  • COMMUNAL KITCHEN AREA
  • TWO COMMUNAL SHOWER ROOMS
  • FURTHER SCOPE TO CONVERT REAR BUILDING INTO STUDIO (STPP)

Description


SUMMARY
An ideal investment property situated on the outskirts of West Bromwich Town Centre, Lodge Road Metro Station is a short walk away providing easy access into Birmingham and Wolverhampton. There are plenty of bus links and the property is currently generating approx £24000 per annum. Viewing Advised


DESCRIPTION
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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 Limited. 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 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.

The 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 of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will 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 undisclosed reserve price that can change.

Entrance Hall 
Having a double glazed door to the side elevation and central heating radiator.

Downstairs Shower Room 
Having a double glazed window to the front elevation, shower cubicle, low level WC, wash hand basin, central heating radiator and extractor fan.

Bedroom One 
Having a double glazed bay window to the front elevation and central heating radiator.

Bedroom Two 
Having a double glazed window to the rear elevation and central heating radiator.

Kitchen 
Having a double glazed window to the side elevation, fitted kitchen with a range of wall and base units, with worksurfaces over, stainless steel one bowl sink and drainer, tiling to splash prone areas, gas cooker point with cooker hood over, plumbing for washing machine, central heating radiator and door to cellar.

Utility Room 
Having door to garden and central heating boiler.

Landing 
Having stairs from the hallway and doors to.

Bedroom Three 
Having a double glazed window to the side elevation and central heating radiator.

Bedroom Four 
Having double glazed windows to the front and side elevations and central heating radiator.

Bedroom Five 
Having double glazed windows to the front and side elevations and central heating radiator

Bathroom 
Having a double glazed window to the rear elevation, fully tiled, shower cubicle, low level WC, wash hand basin, extractor fan, central heating radiator and door to attic space.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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PDF Property ParticularsFull Details

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Bidding on this property
Online Conditional Auction: Did you know?
  • You can view this property before you bid
  • You can buy with a mortgage
  • This property is chain free
  • A Buyer Information Pack containing legal documents is available before bidding
  • A non-refundable reservation fee is payable by the buyer.
  • If you’re interested in this property:
    Read ourAuctions Buying GuideorContact the agent who can run you through the whole process

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    Lodge Road, West Bromwich

    Approximate location

    NEAREST STATIONS

    Distances are straight line measurements from the centre of the postcode
    • Lodge Road, West Bromwich Town Hall Tram Stop0.1 miles
    • Dartmouth Street Tram Stop0.2 miles
    • West Bromwich Central Tram Stop0.3 miles
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    About the agent

    Paul Dubberley & Co, West Bromwich

    290 High Street West Bromwich B70 8EN

    Paul Dubberley & Co, West Bromwich

    | Offering estate agency services in the West Midlands for over 20 years

    We opened the doors to our first branch in 1992 and have since gone on to become one of the most successful estate agents in the West Midlands area. Our five branches are operated by staff committed to providing you with a first-class, hassle free service.

    | Call into your local Paul Dubberley branch in West Bromwich for all your property needs

    At Paul Dubberley our team are not only dedicated to help y

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    Industry affiliations

    National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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    Disclaimer - Property reference PWB103859. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Dubberley & Co, West Bromwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Dubberley & Co, West Bromwich on 0121 387 6372.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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