261 Hydes Road, West Bromwich, West Midlands, B71 2EE

  • Conditional Online Auction Sale
  • Bedrooms: 3

GOTO Presents a splendid semi-detached property available for sale in West Bromwich

Tenure

Freehold

Description

Presenting a splendid semi-detached property available for sale. The dwelling is in good condition and is perfect for families, couples, and investors.

This home features three generously proportioned bedrooms. The first bedroom is a spacious master suite with built-in wardrobes and bathed in natural light. The second bedroom is another sizeable double room with an abundance of natural light. The third bedroom is a bright, single room, perfect for a home office or child's room.

The property boasts a large, newly refurbished bathroom featuring an electric shower, creating a luxurious bathing experience. The kitchen comes with countertops, natural light, ample wall and base storage, and offers access to the conservatory, providing a versatile space for dining or relaxation.

The home includes two separate reception rooms, both with large windows allowing plenty of light to flood in. The first one has a cosy fireplace and provides a serene garden view with direct access to the garden, ideal for entertaining or unwinding. The second reception room features a beautiful bay window, adding character to the space.

Unique features of the property include a garage, parking, a fireplace, a garden, and it comes chain free. The location is truly unrivalled, situated in West Bromwich, an urban area with a strong local community. The property is a stone's throw from public transport links, local amenities, nearby schools, green spaces, and parks. It also offers quiet walking routes, making it a perfect retreat from the hustle and bustle of city life.

EPC band: D

Material Information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

EPC Rating

CURRENT 64/87 POTENTIAL

Opening Bid and Reserve Price

This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.

Comments

This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.

By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.

The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.

Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £6,600 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,972. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.

The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.

All buyers will be required to verify their identity and provide proof of how the purchase will be funded.

Buyer's Administration Charge

If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Energy Performance Certificate (EPCs)

An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.

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01844 355022

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Online Auction Buying Guide

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