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House For Sale £100,000
Austin Street, Wolverhampton, West Midlands WV6


Description
Freehold and EPC awaited. City of wolverhampton council tax band A. For sale by the modern method of auction, this is a traditional end-terrace family home in need of refurbishment and cash offers are preferred. The accommodation comprises an entrance hall, two reception rooms, kitchen, bathroom/ WC, and three bedrooms. Externally, there is a courtyard to the front and garden to the rear. No chain.
This is an ideal home for investors looking to do work to a property and then let out, or possibly sell on. This is a larger style end-terrace, with an entrance hall, enabling the front reception to double up as a fourth bedroom. The upstairs bedrooms are all of a good size.
The property does need comprehensive updating throughout but is in an area very popular with landlords. Being close to the university and the city centre.
These opportunities are increasingly rare so early viewing is essential.

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.

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.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

WOL220415/8

Entrance Porch

Unmeasured - Open-fronted with a tiled floor.

Entrance Hall (4.14m x 0.69m)

With UPVC entrance door with transom above, stairs rising to first-floor accommodation, and doors to both reception rooms.

Front Reception Room (3.94m x 3.3m)

With double-glazed bay window to front elevation.

Rear Reception Room (3.94m x 3.3m)

With double-glazed window to rear and doorway to kitchen.

Kitchen (3.9m x 2.44m)

With double-glazed window to side elevation, door to rear hallway, door to pantry, and fitted with a range of wall and base units with complementary work-surfaces and tiled splash-backs, space for a cooker, plumbing for a washing machine, inset stainless-steel sink-drainer unit, wall-hung combination boiler (not tested), and having tiled flooring.

Pantry

Unmeasured - With door from kitchen.

Rear Hallway (1.68m x 0.69m)

With built-in cupboard, door to bathroom, and UPVC door to rear garden.

Bathroom / WC (2.44m x 1.78m)

With obscured double-glazed window to side, and fitted with a three piece bathroom suite with tiles splash-backs and tiled flooring.

First Floor Accommodation:-

Landing

Unmeasured - With access to three bedrooms an with storage cupboard.

Bedroom One (4.27m x 3.9m)

With two double-glazed windows to front.

Bedroom Two (4.1m x 2.64m)

With double-glazed window to rear.

Bedroom Three (3.38m x 2.51m)

With double-glazed window to rear.

Outside:-

To the front of the property is a courtyard-style garden, while to the rear is an enclosed garden, overgrown and in need of cultivation.

Summary:-

Freehold and EPC awaited. City of wolverhampton council tax band A. For sale by the modern method of auction, this is a traditional end-terrace family home in need of refurbishment and cash offers are preferred. The accommodation comprises an entrance hall, two reception rooms, kitchen, bathroom/ WC, and three bedrooms. Externally, there is a courtyard to the front and garden to the rear. No chain.
This is an ideal home for investors looking to do work to a property and then let out, or possibly sell on. This is a larger style end-terrace, with an entrance hall, enabling the front reception to double up as a fourth bedroom. The upstairs bedrooms are all of a good size.
The property does need comprehensive updating throughout but is in an area very popular with landlords. Being close to the university and the city centre.
These opportunities are increasingly rare so early viewing is essential.

Auction Terms:-

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.

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 (truncated)

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