25 Sheddington Road, BIRMINGHAM, West Midlands, B23 5EF
- Conditional Online Auction Sale
- Bedrooms: 2
GOTO ONLINE AUCTIONS OFFER FOR SALE THIS THREE BEDROOM TERRACE PROPRTY IN BIRMINGHAM, B23.
Description
Key features
OFFERED FOR SALE VIA ON LINE VIA MODERN METHOD OF ONLINE AUCTION - NO UPWARD CHAINOUTSTANDING EXTENDED TWO BEDROOM HOMEBEAUTIFULLY PRESENTED LOUNGEMAGNIFICENT FULLY FITTED CONTEMPORARY OPEN PLAN KITCHEN/DINING ROOMLARGE CONSERVATORYTWO DOUBLE BEDROOMS TO FIRST FLOORLUXURY FIRST FLOOR BATHROOM WITH 'ROLL TOP SLIPPER BATH' AND HAVING SEPRARATE SHOWER CUBICLELOFT ROOMATTRACTIVE LANDSCAPED REAR GARDENSVIWEING STRICTLY BY APPOINTMENT VIA PAUL CARR ERDINGTON OFFICE
Property description
Tenure: Freehold
Outstanding! Exceptional! Just a few of the superlatives to be used easily in conjunction with this beautifully presented two double bedroom home. The property briefly offers a porch with inner hallway off with guest cloakroom, beautifully appointed front facing lounge, refitted luxury kitchen with a range of matching base and wall units having oak working surfaces and has space to function as a breakfast/dining kitchen area. To the first floor is a through landing offering independent access to all two double bedrooms and loft room. A refitted bathroom features a full white suite and features a 'claw foot bath' with additional and separate shower cubicle. The property is completed by an outstanding landscaped garden featuring a patio seating areas with established herbaceous borders and sun terraces, and has a bright easterly perspective - perfect as an al-fresco entertainment space. Viewing is strictly by appointment and via Paul Carr Erdington for proceedable buyers only. Being Sold by Online Auction Starting Bids from: £150,000 Buy it now option available Please call or visit Online Auctions for more information. This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete 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 with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions. To book a viewing contact Paul Carr Estate agents. General Information: Auctioneer's Comments This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged. The Buyer’s Premium 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 a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6000 including VAT and a Legal Pack fee of £354 including VAT. This secures the transaction and takes the property off the market. The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £5,982 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,354. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372 (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.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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