2 bedroom terraced house for sale

*MODERN METHOD OF AUCTION*
Oakmans Estate Agents are pleased to present this two-bedroom mid-terraced property, situated in the heart of the ever-popular Stirchley area.

Offered for sale via the Modern Method of Auction, this property presents an excellent opportunity for investors, developers or first-time buyers looking to add significant value through modernisation.

The accommodation briefly comprises a front reception room, rear reception room and kitchen to the ground floor. Upstairs offers two bedrooms and a family bathroom. The property requires updating throughout, providing clear scope to improve and enhance both capital value and rental potential.

Located within walking distance of Stirchley’s vibrant high street, the property benefits from a wide range of independent cafés, bars, restaurants and local shops. Bournville Train Station is nearby, offering direct links into Birmingham City Centre and surrounding areas. The property also provides convenient access to the University of Birmingham and the Queen Elizabeth Hospital, making it well positioned for both owner-occupiers and investors alike.

The property is freehold and offered with no upward chain, allowing for a straightforward purchase.

This is a fantastic opportunity to secure a property in a highly sought-after location with excellent growth potential.

Early enquiry is highly recommended.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Anti-money Laundering Checks (AML)
Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.