3 bedroom terraced house for saleTruro Walk, Birmingham
Sold STC £75,000
- IDEAL FOR FIRST TIME BUYERS AND INVESTORS
- THREE BEDROOM PROPERTY
- IN NEED OF SOME REFURBISHMENT
- NO UPWARD CHAIN
- CLOSE TO MAJOR TRANSPORT LINKS
- CALL NOW TO VIEW!!
Full descriptionWHAT AN EXCITING OPPORTUNITY TO IMPROVE AND ADD VALUE!!!
IDEAL FOR FIRST TIME BUYERS AND INVESTORS THIS PROPERTY OFFERS A GENUINELY STRONG YIELD ONCE IMPROVEMENT WORKS ARE COMPLETED AND WOULD COMMAND A RENTAL RETURN IN EXCESS OF £7200 PA
The property requires redecoration in most parts but offers a genuine opportunity to an able buyer to purchase with Mortgage or cash deposits quickly and securely.
Notification - 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, but grant 28 days to achieve exchange of contracts from the date the buyers solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. 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 put down a non-refundable Reservation Fee of 3.5%; to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) 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 Ltd. Reservation Fee is in addition to the final negotiated selling price.
Approach - This three bedroom terraced property is located off Winchester Drive and is positioned in close proximity to the local shopping centre and all major transport links. Offered with no upward chain, the property is in need of some refurbishment, to include a new kitchen and gas central heating but offers good sized accommodation and the potential to add value.
The property is approached via a slabbed foregarden and entry into the property is via an external porch
Porch - Having Utility cupboards, entry into the property is via an internal front door which gives access to the:
Hallway - Having ceiling light point and stair case to first floor, understairs storage cupboard and doors into:
Downstairs Wc - Having window overlooking the porch, WC and hand basin
Kitchen Diner - Having covered light and light and fan point to the ceiling, the Kitchen Diner overlooks the rear garden with window and sliding patio doors. The Kitchen is a range of base and wall units with worksurface over with storage heater fitted to the wall
Lounge - Overlooking the rear garden with ceiling light points and double doors giving access to rear garden and wall mounted storage heater
Stairs And Landing - Having light point to the ceiling and window overlooking the front of the property. A large storage cupboard and doors into:
Bedroom One - Overlooking the rear of the property with ceiling light point
Bedroom Two - Overlooking the rear of the property with ceiling light point
Bedroom Three - Overlooking the rear of the property with ceiling light point
Family Bathroom - Having light point to the ceiling and overlooking the front of the property, a bathroom suite consisting of Shower cubicle, pedestal basin and WC. the bathroom also has a water cylinder cupboard
Rear Garden - The rear garden is mainly laid with lawn with borders and surrounded by perimeter fencing with an outside storage shed
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