2 Bedroom, Semi-Detached, House, 197 Station Road, Cradley Heath, B64 7PR
Overview
Hammer Price Homes are pleased to present for sale by online auction this 2 bedroom, semi-detached house in Cradley Heath, West Midlands. The sale is strictly open for cash buyers only.
The property briefly comprises: To the ground floor, an entrance hallway leading to a lounge, dining room, kitchen, shower room and WC. To the first floor there is a landing leading to 2 bedrooms. An additional room can be found on the second floor. It should be noted that it is unlikely that the attic room complies with present building regulations.
Outside there are small gardens to the front and rear of the property.
As will be evident at the open days and on the photography, whilst most of the property has been cleared, there is an oven in the kitchen. The property is sold as seen and it will be the responsibility of the buyer to clear this post completion.
The property requires full renovation throughout, and this sale is strictly open for cash buyers only due to the condition, we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property (including anything of a structural nature), for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.
Location
The property is situated in a sought after location, only a stones throw away from a range of day to day amenities, educational facilities and transport links such as Highfields Primary School, Old Hill Train Station, Haden Hill Park and the M5.
Special Conditions
This sale is strictly open for cash buyers only as due to the condition of the property, we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property (including anything of a structural nature), for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
60 days to complete.
Tenure
Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website.
Other information
The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.
Council Tax Band – A
EPC Rating – G
Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Coal (information taken from EPC Certificate)
Source/s of heating: Room Heaters (information taken from EPC Certificate)
Primary arrangement for Sewerage/Drainage: Foul and Surface water from the property drains into a public sewer (information taken from the Regulated Drainage & Water Search).
Searches
Searches are available for download from the Hammer Price Homes website prior to the bidding taking place. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.
Auction Details
** Strictly open for cash buyers only. 60 days to complete**
Auction ends – Thursday 12th December 2024 at 2:00pm (Subject to anti-sniping).
Bidding Window Opens – Tuesday 10th December 2024 at 12:00pm (Bidding will not be possible until this time).
Starting price – £59,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)
Fees
All fees are payable by bank transfer only (we do not take card payments).
Reservation Fee – Please note that there is a Reservation Fee (3.6% of the eventual sale price, including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of 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.
Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.
Viewings
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.
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 at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. 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 is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.