Flat 3 80 Warwick Road, Solihull, West Midlands, B92 7JJ

  • Unconditional Online Auction Sale
  • Guide Price * : £95,000 Plus fees
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On behalf of SDL Auctions Bigwood

AVAILABLE on a BUY IT NOW for £95,000

  • Three bedrooms
  • Vacant possession
  • Close to local amenities
  • Great investment potential
  • EPC Rating: E

Property Description

On behalf of SDL Auctions Bigwood

AVAILABLE on a BUY IT NOW for £95,000

A leasehold vacant two bedroomed second floor flat, benefiting from a garage which is let separately producing £720 per annum.

A two bedroomed spacious flat located in Solihull within walking distance of Olton train station, and is centrally located between Solihull town centre and Birmingham city centre. The property benefits from having zero ground rent and service charges. We have been advised that the flat has been let until recently at £650 pcm, however the tenants are due to vacate on 15 March 2020 after being in occupation for 18 months. The property benefits from a garage which is let separately at £60 pcm. An ideal investment opportunity.

The property comprises:

Ground Floor:

Communal Entrance and Hallway Leading to:

Second Floor Flat:

With spacious hallway - 8.10 x 7.0ft

Living Room

11.11 x 10.11ft


9.0 x 9.0ft

Two Bedrooms

Bedroom One - 13.1 x 8.0ft
Bedroom Two - 10.7 x 7.8ft


6.7 x 6.2ft


Communal Gardens

Communal Parking


Sold subject to tenancy generating £60 pcm.

Tenancy Details:

We understand the flat will be sold with vacant possession upon completion and the garage is sold subject to tenancy producing £60 pcm (£720 per annum). A copy of the garage tenancy agreement will be provided within the legal pack.

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*Start 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.

Viewing Details

By arrangement with the auctioneer 0345 319 2162.

Energy Performance Certificates

EPCs can be viewed in the Related Documents section on our website or in the legal pack.

Auction Type: Unconditional with Fixed Fee

Every online bidder must first create an account via the SDL Auctions website, in the online auction section. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. 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.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If the reserve is met or exceeded when the auction timer ends, the successful bidder is charged a 10% deposit (subject to a minimum fee of £5000) and exchange takes place. At this point, you will be legally obliged to buy the property for the full purchase price. The deposit contributes towards the purchase price.

The sale of this lot is subject to a buyer’s fee of £1074 including VAT , payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the Lot Information section, or to find out more about any additional fees associated with this property please contact the auction office.

We will automatically charge you a minimum fee of £6,074, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards the buyers fee and deposit. Where applicable, you will be required to pay any outstanding amounts of the deposit immediately after the end of the auction, which can be paid by debit card or bank transfer.

By placing a bid, you are authorising the auctioneer to sign the contract of sale on your behalf.

Full terms and conditions are available on the SDL Auctions website.

Joint Agent

SDL Auctions

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