3 bedroom Town house in Birmingham

10 Thaxted Road, Birmingham B33 9UP
  • Lot No: 44
  • Property Type: Town house
  • Contract Type: Unconditional with Variable Fee

Guide Price* £75,000+ plus fees

Property Description

A 3 bedroom town house in need of modernisation and refurbishment, located in a popular and in Demand BTL location. This property is situated within a cul de sac location and offers an excellent investment opportunity. Rents in the area are in excess of £1k pcm, offering a great opportunity to purchase a high yielding BTL investment. The property in brief comprises of an entrance hall, kitchen/diner, lounge, 3 bedrooms and a family bathroom. Once renovated there could be a significant uplift in value making this property a great opportunity for any savvy investor. Viewings are available.

Additional Information:

Construction Material: Standard Brick. Broadband Coverage: Standard, Ultrafast and Superfast. Mobile signal: O2, Vodafone, EE and Three. Satellite and Cable: BT, Sky and Virgin.


Leasehold Information

We have been informed the ground rent is £28 per year (£14 paid twice a year), and there are 36 years remaining on the lease. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.


Tenure

Leasehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The 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.