3 bedroom terraced house for sale

*FOR SALE BY MODERN METHOD OF AUCTION* CASH BUYERS ONLY* starting bid £110,000 plus reservation fee. OFFERED WITH NO UPWARD CHAIN. This traditional mid terrace property requires internal modernisation. Accommodation is set across three floors and includes three double bedrooms. EPC Rating F, Council Tax Band A.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the iamsold will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.

Location:

The property is situated within Edgbaston, home to the much enjoyed Reservoir, Summerfield Park and a variety of schools.

The location boasts excellent transport links to the City Centre via various frequent bus routes, and two main road arteries via Hagley Road and Dudley Road.

The amenities of Cape Hill, such as Windmill Shopping Centre, can be found just over a mile from the property and the Ladywood Leisure centre is just over half a mile away. Birmingham City Hospital is also just over half a mile from the property.

The area has a number of developments underway or planned to include the Metro Tram link via Hagley Road, the Midland Metropolitan Hospital and a transport improvement scheme for Dudley Road and the development of Edgbaston Reservoir.

Summary

* A traditional mid terrace property

* Two reception rooms

* Ground floor bathroom

* Three bedrooms

* Rear Garden

* Useful under stairs storage space

* Excellent location for access to the City Centre

* Sold with no upward chain

General Information

Tenure: The agents understand that the property is Freehold.