Albert Road, Birmingham, B65NL

This auction has ended!
   
Final Bid:
£125,000.00
  • Overview
  • Particulars
  • Agent Details
  • Fees & Charges Explained

Property Overview

SUMMARY
Excellent investment opportunity. Set within one of the most popular locations in the town within easy walking distance of all good local amenities. Briefly comprising, three reception rooms, double glazing, three bedrooms, and fitted kitchen.


DESCRIPTION
Excellent investment opportunity. Set within one of the most popular locations in the town within easy walking distance of all good local amenities. Briefly comprising, gas central heating, double glazing, cellar, and fitted kitchen. The first floor which provides three double bedrooms. Externally to the rear of the property there is an enclosed garden.

Starting Bid and Reserve Price

*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 auction, which is powered by IAM Sold.

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.

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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This 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 copy of the Reservation Agreement and terms and conditions are contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack.

The Partner Agent and Auctioneer may recommend the services of third parties to you, in which they may 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 hidden reserve price that can change.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Accommodation Having entrance door leading to; Entrance Porch Having double glazed window to front aspect, vinyl flooring and single glazed door leading to; Entrance Hall Having stairs to first floor accommodation, central heating radiator and doors to lounge and second reception room. Lounge Having double glazed bay window to front aspect and central heating radiator. Second Reception Room 12' 1" x 12' 5" ( 3.68m x 3.78m ) Having double glazed window to rear aspect, ceiling light point, gas fire, door to dining room and central heating radiator. Third Reception Room 11' 7" x 9' 1" ( 3.53m x 2.77m ) Having double glazed window to rear aspect, ceiling light point, gas fire, access to cellar, central heating radiator, door to kitchen and door to rear garden. Kitchen 11' 1" x 8' 3" ( 3.38m x 2.51m ) Having double glazed window to rear aspect, fitted with wall and base units, sink with drainer, work surfaces over, tiling to splash back, central heating boiler, tiled floor, door to wet room and door to garden. Downstairs Wet Room Having double glazed window to rear aspect, shower, wash hand basin, extractor fan, low level WC and partly tiled walls. First Floor Accommodation Having cupboard with loft access and doors off to; Master Bedroom 16' 11" x 11' 5" ( 5.16m x 3.48m ) Having double glazed window to front aspect, ceiling light point and central heating radiator. Bedroom Two 12' 4" x 10' 9" ( 3.76m x 3.28m ) Having double glazed window to rear aspect, ceiling light point and central heating radiator. Bedroom Three 9' x 11' 6" ( 2.74m x 3.51m ) Having double glazed window to rear aspect, ceiling light point and central heating radiator. Rear Garden Mostly paved with access to side entry, part fence, part brick built wall to boundaries. Front Garden Frontage enclosed with a brick built wall.

Connells

Local Branch: 907 Walsall Road, Birmingham, B42 1TN

Fees & Charges Explained

Albert Road, Birmingham, B65NL

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

 

Need More Information?

For further information or to speak to one of our team, please call 0121 366 0539.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.