We believe this property to be unmortgageable and therefor open this auction to cash buyers only. You will not be able to withdraw from the sale with a return of the reservation fee citing issues around lending.
1 Cotford Road, Birmingham, B14 5JJ
Special conditions
3 Bedroom End of Terraced House, 1 Cotford Road, Birmingham, B14 5JJ
Overview
Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free 3 bedroom end of terraced house in Maypole. This auction is open for cash buyers only.
The accommodation briefly comprises: To the first floor there is an entrance porch leading to a living room, kitchen and downstairs external W.C. To the first floor there are 3 bedrooms and a bathroom.
There is a garden to the front of the property which features a small driveway and garage, which whilst in poor condition does show that there is space to build a new one / extend subject to gaining the necessary planning and consents. There is also a well sized garden to the rear.
The property and its gardens require renovation throughout. Whilst we are unaware of any structural issues, due to the general condition we believe the property to be unmortgageable and for this reason open the auction for cash buyers only.
To view this property please visit the Hammer Price homes website, register as a buyer and book on to an open day.
Location
Cotford road is conveniently placed close to local amenities including a large supermarket, eateries, shops and schools. Birmingham City Centre is around 7 miles away from here and offers a wider range of amenities.
Auction Details
** Open to cash buyers only. 90 Days to complete and no deposit payable**
Please note that there is a Reservation fee (2.4% Inc. VAT subject to a minimum of £2,400 Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.
To view the property you must register and book on one of the open days as detailed above. (Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Lists close 24 hours before the open day starts so book in plenty of time.)
Auction ends – Friday 14th June 2019 1pm (please read anti-sniping rules which may extend the auction)
Bidding Window Opens – Wednesday 12th June 2019 (Please note bidding won’t be possible until this time)
Starting price – £100,000 (Reserve price is higher & unpublished)
Other Information
Tenure – Freehold
How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed and the buyer honoured to pay it. Should the buyer withdraw then they may have to forfeit the reservation fee.
Please read the buyer terms and FAQ’s on the site for more details.
This property is being sold as part of a deceased estate with vacant possession and is sold as seen. The administrator and solicitor to the estate have never lived there and may not be able to answer the usual pre-contract questions.
Ground Floor
Comprises of entrance porch leading to these rooms:
First Floor
Comprises of landing leading to these rooms:
