This property is for sale by the Modern Method of Auction Starting Bid £110,000. This property is for sale by the Modern method of Auction, not to be confused with Traditional Auction. This is a flexible buyer-friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 28 days to achieve exchange and a further 28 days to complete. Allowing this extra time gives purchasers a chance to buy with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation fee of 4.2 % including VAT of the purchase price, subject to a minimum of £6000 including VAT. This secures the transaction and takes the property off the market. The buyer will be required to sign an acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Form and Ts & Cs can be found in the Legal pack which can be downloaded free from the auction section of our website. Please note that this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both Reserve and Start Bid may be subject to change. Ts and Cs apply to the Modern Method of Auction which is operated by West Midlands Auctions powered by iam-sold Ltd. EPC grade awaited.
Situated moments away from the Black Country Route, the location could hardly be more convenient being between Wolverhampton, Bilston, Dudley and West Bromwich, with Birmingham also easily accessible. There are a number of local shops and schools, while the motorway network is a few minutes drive.
An ideal property for those looking to refurbish a house to their own tastes or for an investor/ developer. The property is perfectly habitable, being double glazed and centrally heated, but would benefit from rewiring and a complete cosmetic overhaul. Of particular note is the very extensive rear garden. Properties like this are rare to find at the moment so early viewing is essential.
Important note to purchasers:
We endeavour to make our sales 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. Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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