A vacant three-bedroom freehold terrace house in need of modernisation and ideal for investors and developers (Title number: WM657237)
FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A vacant three-bedroom freehold terrace house in need of modernisation and ideal for investors and developers. Extent 807 SQFT. Birmingham, West Midlands.To be sold via online bidding on Friday, 26 July 2024.
Auctioneers comments: 'An opportunity to bid on and buy a terrace freehold house offering both resale potential and the option to let the property once modernised.'
Auction date
The property is to be sold by public auction on Friday, 26 July 2024 via a 2-hour online bidding window.
To view
The property can be viewed by booking onto one of the advertised managed block viewings. Once you have registered to bid by setting up your online bidding account, you will be emailed a Calendly link to do this. Each block viewing is strictly 30 minutes, and no ad hoc viewings will be available. In most cases, a video tour will be available.
Description
Vacant, freehold, terrace, house, three bedrooms, two receptions, in need of modernisation
Location
Birmingham, West Midlands, 0.7 miles to Erdington Train Station, 1.1 miles to Gravelly Hill Train Station
Accommodation
Ground Floor: two receptions, kitchen, bathroom
First floor: three bedrooms
Outside
Front yard, rear garden
EPC rating
D
Tenure
Freehold with vacant possession
Local authority and council tax band
Birmingham City Council
Council tax band: A
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min. fee of £2,100 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Lot 107 - 11 Fern Road, Birmingham, West Midlands, B24 9DA
Loading the bidding panel...
Joint Agent
Agreement Documents
Additional Documents
Related Documents
Virtual Tour
Lot 107 Video TourShare
More Properties View more
Flat 85 Lakeside, 82 Eaton Drive, Kingston upon Thames, Surrey, KT2 7RA
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.