FREEHOLD
Fantastic renovation opportunity to create a 9 bed HMO (drawings are available), several apartments or commercial building. Situated within this popular location, within walking distance to local schools and local amenities in Dudley town centre, there are an abundance of public transport links and will be close to the new tram line, this property is a must see….
So, let me take you inside;
As you enter the entrance hall you appreciate how much of a tardis this property is, with stairs to the first floor and two reception rooms leading off there is plenty more to uncover.
The two reception rooms off the entrance hall are large both with fireplaces and bay window, a hallway to the rear of the hall takes you to a rear entrance with a kitchenette, leading off you have a further reception room, bathroom, and WC.
Moving back to the entrance hall, under the stairs to the first floor you can gain access to the cellar which is a big space either used as storage or could be used as a communal Kitchen as part of an HMO conversion.
The rear of the property is mainly concrete but there is plenty of space to unearth, with access to the front via the side drive and opportunity for extension or commercial parking.
Let’s look upstairs;
Bedroom space is not an issue with the spacious layout continuing upstairs, there are four large double bedrooms, kitchenette, kitchen, and bathroom. All can be reworked to accommodate a variety of uses.
Let me take you to the front;
This property has character with double bay front in line with its age, and there is further parking and gated entry. With a full renovation completed this could make an idea investment, benefiting from a spacious floorplan and only a short distance to Dudley town centre, this really is a must-see property with lots of potential, so step right in……
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.
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will be required to exchange contracts on the fall of the virtual hammer, but will be given 28 days in which to complete the transaction.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneers authority to sign the Contract for exchange on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auction Department.
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 £6,582 including VAT, plus an administration charge of £372 including VAT, a total of £6,954. 10% of the purchase price will need to be paid in way of a part payment deposit which contributes towards your purchase price. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the auction website.
The Buyer's Premium and 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.
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.