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House For Sale £150,000
Falconhurst Road, Selly Oak B29


Description
Quote code: DC0118

for sale by online auction:

Offering no chain, this semi-detached home offers a buyer the opportunity to put their own stamp on it, making for a great First Time Buy or Buy To Let Investment. In fact, an Investment all-round given its locality, close proximity to major points of interest and major development sites. Queen Elizabeth Hospital is within walking distance, as is Birmingham University, the newly developed Selly Oak retail park and a range of in-demand schools.

The £300m Life Sciences Park is also within easy reach and sure to make an impact on this location, making for a sound investment for the future re-sale or Buy To Let.

Comprising: Open porch, entrance hallway, lounge-diner, separate kitchen, three bedrooms, bathroom and a secure side entry. The property also benefits from a garage to its rear.

Properties in the area have been subject to a variety of extensions, loft conversions and works, giving this property further potential to increase its size (subject to planning) and return on investment in the future.

Note: The property is Freehold but with a Lease attached which will be assigned over to the new owner. Please call for further details.

Auctioneer Comments:

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 (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 4.2% 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 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

Follow the link for more information:
        
zoopla.co.uk

  
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