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2 bedroom terraced house for sale

Selsey Road, Edgbaston, Birmingham, B17 8JT

Sold STC £50,000

Property Description

Key features

  • A Vacant Leasehold Mid Terraced Property
  • We understand that the property is Leasehold, with a new 125 year Lease, subject to a peppercorn ground rent. The Lease will include a requirement for the purchaser to refurbish the property and...

Full description

Tenure: Leasehold

For Sale By Auction on 8th December 2016

A Vacant Leasehold Mid Terraced Property

Tenure
We understand that the property is Leasehold, with a new 125 year Lease, subject to a peppercorn ground rent. The Lease will include a requirement for the purchaser to refurbish the property and bring it back into beneficial use as a single dwelling house, within a period of 12 months of purchase and vacant possession will be given upon completion.

Property Description
A two bedroom Victorian terraced property, in need of extensive repair and improvement, standing back from the road behind a short foregarden.

Accommodation

  
Ground FloorEntrance Hall, Two Reception Rooms, Kitchen.
First FloorLanding, Two Bedrooms, Bathroom.
OutsideFront & Rear Gardens.

The property is in need of extensive repair and modernisation throughout.


Please note that no offers will be accepted prior or post to the Auction.
The property will be sold on the understanding that the 10% deposit must be paid by a Banker's Draft made payable to SDL Bigwood. No other means of payment will be accepted and failure to do so will result in the property being re-offered for Sale.
In addition to the purchase price, the purchaser will be required to pay the Council's professional fees of £1,250.
The property is being sold with the requirement that the property is bought back into beneficial use as a single dwelling house, within a period of 12 months of purchase.

Viewing Dates & Times
Wednesday 23.11.2016 @ 13:15
Friday 25.11.2016 @ 13:15
Monday 28.11.2016 @ 13:15
Wednesday 30.11.2016 @ 13:15
Tuesday 06.12.2016 @ 13:15


* Definition of Guide Prices
The guide price is an indication of the seller’s reserve price and is given to assist prospective purchasers. It is usual, but not always the case, that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period. The guide price can be shown in the form of a minimum and maximum price range within which an acceptable price (reserve) would fall. Please note the reserve price will not exceed the top end of the guide price but the actual sale price can exceed the guide price. On occasions the sale price does exceed the guide price significantly.


Listing History

Added on Rightmove:
11 November 2016

Map & Street View

Disclaimer - Property reference 54798. 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 SDL Auctions Bigwood, Birmingham. 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.

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*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.”

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 SDL Auctions Bigwood, Birmingham on 0121 233 5046.


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