8 Fentham Road, Erdington, Birmingham, B23 6AE

3 bedroom detached house in Erdington

Guide price*

£150,000+

Plus fees

Unsold

Lot 1 Residential Vacant
Save property

Auction details:

Thursday 9th May 2019 @ 10:30AM

A Vacant Leasehold Detached Property with Potential Building Plot

Property Description

A detached former caretaker's property, standing back from the road behind a foregarden with additional side land, which may be suitable for residential development, subject to obtaining the necessary consents with the addition of off-road parking and two garages.

Accommodation

Ground Floor: Entrance Hall, Cupboard, Two Interconnecting Reception Rooms and Kitchen.
First Floor: Landing, Three Bedrooms, Bathroom/WC.
Outside: Covered Way to WC and Store, Rear Yard and Two Single Garages with Driveway approach. Gardens include additional land which may be suitable for future development, subject to obtaining the necessary planning consents.
The property has the benefit of gas fired central heating and the majority of the windows are UPVC double glazed, however it is in need of further improvement.

Energy Performance Rating

See legal pack.

Tenure

Leasehold, subject to a new 125 year Lease. The property must remain a single dwelling and may not be used for multi-occupation or HMO purposes – Vacant possession upon completion.

Auctioneers Note

1. Please note no offers will be considered prior or post the Auction Sale.
2. The property will be sold on the understanding that the 10% deposit must be paid by a Banker's Draft made payable to Bond Wolfe Auctions. No other means of payment will be accepted and failure to do so will result in the property being re-offered for sale.
3. In addition to the purchase price, the purchaser will be required to pay the Council's professional fees of £1,750.
4. In addition to the purchase price, the purchaser will also be required to pay the Auctioneer's fees as stated within the legal pack.

Viewings

8 Fentham Road, Erdington, Birmingham B23 6AE
Please note the following dates and times are block viewings for the allocated time slots only and you DO NOT need to book.
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

LIVE-STREAMED AUCTION

Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £2,160 inc VAT (£1,800.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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