7 Ainsdale Gardens, Erdington, West Midlands, B24 0EP

  • Unconditional Online Auction Sale
  • Guide Price * : £114,000 Plus fees

FOR SALE BY UNCONDITIONAL ONLINE AUCTION.
On Behalf o Newton Fallowell


  • End Terrace Property
  • Lounge
  • Kitchen Diner
  • Two Good Sized Bedrooms
  • Enclosed Rear Garden
  • Garage in Separate Block

Property Description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION.
On Behalf o Newton Fallowell


Two Bedroom End Terrace

Newton Fallowell are pleased to bring to the market this two bedroom end of terrace family home situated in a desirable location situated near local amenities and local transport links to the city centre. Fantastic for cash investors looking for a good investment opportunity in the area. The property briefly comprises of a lounge, kitchen/diner, two double bedrooms, shower room, front and rear gardens and a garage in a separate block. Viewing is highly recommended to appreciate the size and location of the property.


Hallway

Having stairs to the first floor landing, obscure double glazed window to the front and a door to the lounge


Lounge - 13'03 10'04

Having double glazed window to the front and door to the kitchen/diner.


Kitchen/diner - 15'02 10'09

Having wall, draw and base units, roll top work surfaces, electric oven and gas hobs, space for appliances, sink and drainer unit, splash back tiling, space for a dining table, under stairs storage and double glazed door and window to the rear garden.


First Floor Landing

Having doors to all bedrooms and bathroom, storage cupboard and storage heater.


Bedroom one - 12'00 9'11

Having fitted wardrobes and a double glazed window to the front.


Bedroom Two - 11'09 8'06

Having a double glazed window to the rear.


Shower Room

Having a shower cubicle, low level WC, vanity unit with wash basin and a double glazed obscure window to the rear


Rear Garden

Mainly laid to lawn with shrub and fenced boundaries and side access to the front


Garage

Located in separate block.


Tenure
See Legal Pack

Legal Pack

The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.


*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our SDL Auctions website.


Online Auction Registration

Every online bidder on SDL Auctions must first create an account on the online section of the SDL Auctions website - sdlauctions.co.uk/property-auctions/online/

This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction ‘Terms and Conditions’. Once you have done this you will be able to search, ‘watch’ lots and download legal documents.

After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.

In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.


Unconditional Online Auction Procedure

If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.

The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.

Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf


Joint Agent

Newton Fallowell



Current Bid

£114,000

Enter Bid (Min £115,000)

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Joint Agent

For viewings please contact:
Newton Fallowell
0121 270 9744

Legal Documents

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