SOLD STC

Thorns Road, Quarry Bank

Guide Price
£99,000
Reduced on 14/12/2020
The Lee Shaw Partnership, Hagley
PROPERTY TYPE
Detached
BEDROOMS
x3
BATHROOMS
x1

Key features

  • For Sale by unconditional Online Auction.
  • A traditional detached house with three bedrooms
  • Living room and open plan living/dining/kitchen
  • Located close to Quarry Bank centre and Merry Hill Shopping Centre.
  • Rear garden with patio, lawn and attached garden store
  • No upward chain
  • Bid via the SDL Auction website on the following link -

Property description

Tenure: Freehold

FOR SALE BY UNCONDITIONAL ONLINE AUCTION
SDL Property Auctions -

Property Description:

Detached Family Home
Lounge
Fitted Kitchen Diner
Three Bedrooms
EPC Rating: E
Enclosed Rear Garden

Three Bedroom Detached House

A traditional detached house with three bedrooms, living room and open plan living/dining kitchen. Benefitting from driveway parking with enclosed rear garden and gas fired central heating. Offering scope to improve.

Located close to Quarry Bank centre and fronting Thorns Road. The Merry Hill Shopping Centre and Waterfront Development are also within easy reach and there are railway stations at Lye and Cradley Heath.

The property offers scope to improve to make a delightful home. The canopy porch and front door lead a small reception hall with staircase to first floor, there is a living room with bay window to the front which in turn then leads to a living/dining kitchen which is L-shaped with fireplace having gas fire, under
stairs pantry and distinct kitchen area with stainless steel single drainer inset sink, range of fitted units with space for cooker and washing machine.

At first floor level the landing gives access to three bedrooms, house bathroom with white suite comprising bath with shower over, pedestal wash basin and low level wc. There is also an over stairs cupboard housing the central heating boiler.

Outside a side gated pathway leads to rear garden with patio, lawn and attached garden store.

NB. There is Japanese Knotweed within the plot and a Knotweed Management Plan is in place with 10 year Guarantee.


Tenure
Freehold

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 authorized 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.

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Perform...

Thorns Road, Quarry Bank

NEAREST STATIONSDistances are straight line measurements from the centre of the postcode

  • Cradley Heath Station0.8 miles
  • Lye Station0.9 miles
  • Stourbridge Town Station1.8 miles
Mortgages
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Market information
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About the agent

The Lee Shaw Partnership, Hagley

Kempson House, 101 Worcester Road, Hagley, DY9 0NG

The Lee Shaw Partnership, Hagley

The Lee, Shaw Partnership is a privately owned practice now established for around 50 years. From origins in the early 1960's as Lee, Shaw & Millsum, the firm has grown with a network of offices covering the West Midlands, South Staffordshire and North Worcestershire. The firm has specialist Land and New Homes Departments as well as a Village and Country Homes Brand.

The Lee, Shaw Partnership have a dedicated and long established team of professionals with a vast knowledge spanning deca

More properties from this agent

Industry affiliations

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

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Disclaimer - Property reference 10276662. 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 The Lee Shaw Partnership, Hagley. 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 Hagley on 01562 311037.

*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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