2 Bedroom Semi Detached House – 24 The Horseshoe, Oldbury, West Midlands, B68 9AU
Overview
Hammer Price Homes are delighted to present for sale by online auction this 2 bedroom semi detached house located in a popular residential area of Oldbury. Recommended for cash buyers only with 60 days to complete.
The accommodation briefly comprises: To the ground floor there is an entrance porch and hallway leading to a living room and kitchen-dining room. To the first floor there is a landing leading to 2 bedrooms and a bathroom.
Externally the property benefits from good sized gardens to the front and rear. On street parking is available to the front of the property though the front garden has the scope to be converted to a driveway as demonstrated by other neighbouring properties.
The property is in need of a full modernisation programme with scope to reconfigure/extend subject to gaining the necessary planning consents. Due to the general condition and low EPC rating the auction is recommended for cash buyers only as it is likely to difficult to attain a residential mortgage on the property.
A search pack will be available for download on the listing on the Hammer Price Homes Website prior to the bidding window opening. 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.
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 conveniently located in a popular residential location offering easy access to local amenities, schools and transport links.
Special Conditions
This sale is recommended for cash buyers only due to the general condition the property. 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 or for issues financing the purchase, or for anything concerning information in the searches.
60 days to complete.
Other Information
Tenure – Freehold – Land Registry documents including the 29th May 1989 conveyance are available for download from the Hammer Price Homes website.
Auction Details
** Recommended for cash buyers only. 60 days to complete**
Auction ends – Thursday 23rd November 2023 at 2pm (Subject to anti-sniping)
Bidding Window Opens – Tuesday 21st November 2023 at 10am (Bidding will not be possible until this time)
Starting price – £88,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)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% inc. VAT (minimum fee of £3,600 inc. 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. A search pack we be available for download on the listing on the Hammer Price Homes Website prior to the opening of the bidding window.
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 are asked to keep to their appointment time.
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.