Tenure: Freehold
The Property
Located just off the A4036 Grange Lane between Stourbridge and Brierely Hill sold with NO UPWARD CHAIN. In need of some modernisation the property is close to local schools and many local amenities, including local shops and transports links to Stourbridge town and beyond and the Merry Hill shopping centre is also short drive away. In brief the property comprises; hall, lounge, kitchen, W.C., two bedrooms and a first floor bathroom. The property benefits from UPVC double glazing & gas fired central heating, a generous rear garden and off road parking.
Being Sold by GOTO Online Auctions
Starting Bids from: £70,000
Buy it now option available
Please call or visit GOTO Online Auctions for more information.
This property is for sale by Online Auction. The Online 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
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Approach
Foregarden with lawns and raised concrete parking for one vehicle behind hedgerow, step to slab pathway to UPVC double glazed front door under canopy with outside courtesy light.
Hall
Ceiling light, doors to lounge and kitchen, stairs to first floor.
Lounge
Front and rear facing windows, electric fire with wooden Adams surround, ceiling light, TV aerial point, telephone point, radiator, storage cupboard with shelving, cupboard containing electric meter and fuseboard.
Kitchen
Front facing and rear facing windows, stainless steel sink and drainer with double cupboard below and drawer over, roll top work surface with splash back tiling, wall units, washing machine, fridge freezer, cooker, ceiling light, radiator, Worcester bosch combination boiler, concertina door to rear inner hall.
Inner Hall
Ceiling light, tiled walls to half height, concertina door to W.C., UPVC obscured door to garden.
W.C.
Rear facing obscured window, ceiliing light, W.C., wood panelling to two walls, gas meter.
First Floor Landing
Rear facing obscured, ceiling light, door to bedrooms and bathroom, radiator.
Bedroom One
Front facing, ceiling light, radiator.
Bedroom Two
Front facing and rear facing windows, ceiling light, radiator, loft access, cupboard over stairs with shelving.
Bathroom
Rear facing obscured window, bath with Triton electric shower over and splash back tiling, pedestal wash hand basin, W.C., tiled to half height, ceiling light.
Garden
Patio to rear with steps and ramp down to generous garden laid to lawn with corriagates metal boundaries and fenced rear boundary. Shed and concrete outbuilding. Right of way runs immediately accross rear of the property to neighbouring properties.
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.
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 £11,136 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.
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.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.