12 Barbara Street, TAMWORTH, Staffordshire, B79 7EJ
- Conditional Online Auction Sale
- Bedrooms: 2
Purplebricks online auctions are pleased to offer this 2 bedroom terrace house in Tamworth
Tenure
FREEHOLD
Description
Purplebricks Tamworth are offering this two double bedroom mid terrace home which is in need of full refurbishment so an ideal investment property or first time buyer home for those looking for a project.
Situated within walking distance to Tamworth Town Centre along with the main bus terminal and rail station the property is ideally located.
The property comprises briefly of a living room which is accessed via a uPVC double glazed front door and has a matching uPVC double glazed window to the front and gas fireplace. Walking through then to the dining room with uPVC double glazed window to rear elevation, door to rear lobby area with staircase to the first floor with under stairs cupboard and doors to the kitchen and lean to. The kitchen has fitted base units with rolled edge worksurfaces over, a double base unit with inset sink and drainer, space and plumbing for appliances and space for cooker.
To the first floor there is a large bedroom to the front of the property with uPVC double glazed window. The second bedroom has a uPVC double glazed window to the rear and then there's a large bathroom currently with a bath, low level W.C., wash hand basin, wall mounted central heating boiler and obscure uPVC double glazed window to the rear.
There is a garden to the rear with concrete slab patio and lawn and gated shared side access for bin access.
EPC Rating
CURRENT 60/87 POTENTIAL
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.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £4,382 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. 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 is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
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 the fee specified above 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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