Property Details

 
Guide Price £270,000
2 bedrooms
Erdington Road, Aldridge/ Streetly
    • 2 Double Bedroom
    • 2 Reception Rooms
    • 4 Car Driveway
    • Bathroom with Seperate shower
    • Central heated
    • Double Galzed
    • Downstairs WC
    • Family garden with patio
    • Floor plan has all room sizes
    • freehold
    • New Gas Boiler
     
    Auction Method:

    The auction for this property will be conducted online through our online-bidding platform. This is a “Timed Auction”, so there are no other lots being sold alongside this property.

    The timeslot for the auction is displayed on SDL Property Auctions’ website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page.

    You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.

    When you place your bid, you are deemed to have agreed to SDL Property Auctions’ Buyers Terms (England & Wales) which are available on SDL Property Auctions website.

    Auction type- Unconditional with Variable Fee

    If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 15 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.

    Auction Fees

    The following non-refundable fees apply:

    · Buyer’s Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:

    (a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000

    (b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000

    The Buyer’s Fee is subject always to a minimum of £6,000 (including VAT). The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

    Deposit

    On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

    Payment Method:

    When you register to bid, you will be prompted to provide your payment details to SDL Property Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyer’s Fee & Deposit. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the

    auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.

    Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:

    · Buyer’s Fee of £7,200- 4.8% of guide price

    · Deposit of £7,500- 5% of the guide price

    As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:

    · £960 for Buyer’s Fee shortfall (£8160 due as 4.8% of actual purchase price)

    · £1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)

    Legal Pack

    Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.

    To view the legal pack, first search for the property on SDL Property Auctions’ website and click onto the property to view the property details. There will be a sub-heading “Legal Documents”. Underneath this, you will be prompted to “Log in to view the legal documents”. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.

    The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.

    It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

    Special Conditions of Sale

    The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Property Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

    Registration Process:

    To register to bid on the property, search for the lot on SDL Property Auctions website. Click onto the property, follow the link to “Log in/register to bid” , and you will then be directed to create an account with the online-bidding platform provider, EIG

    Tenure: Freehold
    Front Garden
    Very long block paved driveway with manicured hedges both sides overlooking fields.
    Entrance hall
    Front porch leading to entrance hall which leads to Lounge, Dining Room, Kitchen, Stairs and downstairs WC.
    Lounge
    4.27m (14') x 3.52m (11.7')
    This bright front facing lounge benefits from a leaded bay window, feature fireplace and hearth with gas fire, centre light fitment and central heating radiator.
    Kitchen
    3.34m (11') x 2.20m (7.3')
    This rear facing bright galley kitchen with a range of wall and base units, upvc window overlooking the mature garden, upvc door, freestanding electric cooker, there is plenty of space for your white goods.
    Dining
    3.13m (10.3') x 2.70m (8.10')
    This dining room has a feature fireplace with gas fire and interconnects to the rear living room
    Lounge
    3.34m (10.11') x 2.25m (7.5')
    This rear lounge is a great family space with patio door leading to the mature rear garden. This room offers different options of usage
    Shower
    Purpose built downstairs wet room with shower, w/c and basin.
    Rear Garden
    This very large well established garden has a patio leading to a large lawn with a purpose built bar/entertaining area with lighting and then to a sunken trampoline area.
    Bedroom 1
    4.38m (14.4') x 3.52m (11.7') Great size double bedroom with large window allowing plenty of light with wonderful views.
    Bedroom 2
    11'10 x 7'11 Rear double bedroom with storage cupboard over looks the rear garden.
    Bathroom
    Extra large bathroom with bath, separate shower, wc and sink. The bathroom is tiled with carpet flooring

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     

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