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215 Tettenhall Road, Wolverhampton, WV6 0DE

Key features

  • Semi detached victorian house
  • Converted into x2 two bedroom flats
  • Spacious room sizes
  • Ample off road parking
  • EPC Rating: E
  • City centre location

Description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION.
On behalf of Dixons - Wolverhampton

Semi Detached Victorian House Converted into 2x Two Bedroom Flats

The property is now converted into generous sized flats with parking to front and garden to both side and rear. In good condition throughout, this property presents an ideal investment opportunity with potential to build a further apartment to the rear (planning has been approved and footings laid). In brief, the properties being sold are; Flat 1 (which we have a floor plan for) is on the ground floor, briefly comprising of; Kitchen, bathroom, Lounge with a further two double bedroom, there is also an unconverted cellar. Flat 2, is a duplex flat on the first and second floor, benefits from two double bedrooms on the upper floor, a lounge, kitchen and a bathroom. The property is also being sold with the freehold for the building and all of the flats including the lease of the third flat within the block. Early viewings are essential and strongly advised in order to fully appreciate the size, standard and mass potential on offer.

Located close to amenities, including; shops, schools, colleges and leisure facilities, with further benefits such as public transport available via bus and rail.


Tenure
Freehold

Auction Method

Auction Method:
The auction for this property will be conducted online through our online-bidding platform. This is a "Timed Auction", so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions’ website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions' Buyers Terms (England & Wales) which are available on SDL Auctions website.


Auction type - Unconditional with Variable Fee

If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.


Auction Fees

The following non-refundable fees apply:
• Buyer’s Fee - payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer's Fee is subject always to a minimum of £6,000 (including VAT). The Buyer's Fee does not contribute to the purchase price.


Deposit

On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.


Payment Method

When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyer's Fee & Deposit. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
• Buyer’s Fee of £7,200 - 4.8% of guide price
• Deposit of £7,500 - 5% of the guide price
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
• £960 for Buyer’s Fee shortfall (£8160 due as 4.8% of actual purchase price)
• £1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)


Legal Pack

Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions’ website and click onto the property to view the property details. There will be a sub-heading "Legal Documents". Underneath this, you will be prompted to "Log in to view the legal documents”. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.


Special Conditions of Sale

The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.


Registration Process

To register to bid on the property, search for the lot on SDL Auctions website. Click onto the property, follow the link to "Log in/register to bid" , and you will then be directed to create an account with the online-bidding platform provider, EIG.

Energy performance certificate - not provided

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.

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215 Tettenhall Road, Wolverhampton, WV6 0DE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverhampton St George's Tram Stop1.5 miles
  • Wolverhampton Station1.5 miles
  • The Royal Tram Stop1.8 miles
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About the agent

SDL Property Auctions, Nationwide

17 Regan Way Toton Nottingham NG9 6RZ

SDL Property Auctions, Nationwide

At SDL Property Auctions, our award-winning team, sells a wide range of residential and commercial properties across the length and breadth of the UK, for both private individuals and corporate clients. Our lots range from investment properties, vacant houses, building plots, commercial and mixed-use buildings and more.

With a commitment to speed, simplicity and certainty, SDL Property Auctions offers customers the fastest, simplest and safest way to buy or sell residential and commerci

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Disclaimer - Property reference gp_partners_1442512_20604. 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 Property Auctions, Nationwide. 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 SDL Property Auctions, Nationwide on 08000 465454.

*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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