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House For Sale £210,000
Hazelwell Street, Stirchley, Birmingham B30


Description
For sale by Modern Method of Auction; Starting Bid Price £210,000 plus Reservation Fee.

A large 3 bedroom terrace property located in the heart of Stirchley. Huge investment opportunity, potential HMO/multiple flats (STPP) or a large family home in a desirable location. Current average sold market value for 3 bed property in Stirchley is £275k, (Rightmove, Mar 2021). Birmingham is forecast to see house prices rise more than any other UK city in the next 5 years, (jll, Nov 2020). The property is in the heart of nearby places of interest, including Stirchley’s vibrant high street, Bournville train station, several parks, excellent commuter links to University of Birmingham, qe Hospital, City Centre and Bournville’s historic village green.

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 Limited.
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.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed
they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are
accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of
any referral arrangement and payment prior to any services being taken by you.

This much-improved large Victorian mid terrace family home is spread over three floors and is well located in the heart of Stirchley. The house presents several potential uses and investment opportunities. Double glazed with gas central heating and a new boiler fitted in 2019, the property is finished to a high standard, decorated through-out with designer paints & wallpaper.
The ground floor boasts solid oak chevron flooring through the entrance hall, laundry room, lounge, and kitchen diner. Under floor heating features in the open plan kitchen/dining room and the downstairs shower room. Bi-fold doors open out onto the reclaimed brick courtyard patio leading up to a private lawn area, with built in seating in the secluded split-level garden. To the front of the house there is separate reception room with its own shower room previously used as a private teenager space. The second-floor hosts two generous double bedrooms, one with luxury en-suite bathroom, and a further study/office room. The third floor, recently incorporated into the main home, has previously been used as an Airbnb rental, currently a large open plan lounge, kitchen, double bedroom, and separate shower room. Potential to convert into a separate dwelling (subject to planning) as the current shared alley access is also available to purchase by separate negotiation

Follow the link for more information:
        
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