4 bedroom End of terrace house in Birmingham

1 Somerset Road, Erdington, Birmingham B23 6NQ
  • Lot No: 148
  • Property Type: End of terrace house
  • Contract Type: Unconditional with Variable Fee

Guide Price* £95,000+ plus fees

Property Description

Available is this unique four bedroom end of terrace period property, located on a popular road close to Gravelly Lane on the north side of Erdington, en-route to Sutton Coldfield. This lovely property retains multiple architectural details and may benefit from sympathetic restoration. Existing features and benefits include an entrance porch plus L shaped hall with period tiled floor, two reception rooms, kitchen/breakfast room, rear utility, lobby and ground floor bathroom, guests WC and first floor bathroom. Further benefits include central heating, double glazing, replacement roof, garden to three sides and potential for extension/further development (subject to relevant permissions). Ideal location for access to Gravelly Hill Cross City Line Railway Station just 550m/0.3 miles. Popular local restaurant, antiques shops, bus connections and other independent businesses within 90m/295ft. Modern leisure centre 850m/0.5 miles. High Street shopping, multi-directional commuter routes and more major bus connections at Six Ways Island within 1.1km/0.7 miles. M6 Junction 6/A38 (M) Aston Expressway 3.1km/1.9 miles by vehicle.

Please Note

We have been informed this property is not suitable to be purchased with a mortgage. The property has been declined twice by different lenders due to the structural repairs required, and therefore is not a suitable mortgage purchase. The seller has informed us they have had a quote of £7,748 for the subsidence works, and a quote of £3,754 for the works to the drainage. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold


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.