FREEHOLD
CASH BUYERS ONLY - this fantastic opportunity to purchase a huge five bedroom semi detached property set within the popular residential location of Bilston, Wolverhampton. Just a few minutes from many facilities and amenities including great schools such as Loxdale Primary School and Ormiston SWB Academy, shops, pubs, take away's, Morrison's Supermarket, public Library and quick access to Bilston Town Centre and Wolverhampton City Centre. For the commuters the property is located just a short walk from multiple bus routes and stops, Tram Stops, Local Taxi Service, and easy access to the ever accessible A4123, The Black Country Route as well as the M6 and M5 Motorways making this property ideal for any buyer looking for space, comfort and convenience.
Briefly comprising entrance hall, first reception room previously used as a sitting room/family room, separate large through lounge/dining room, spacious kitchen with wall and base units with work tops and two further separate reception rooms. To the upstairs are five excellent sized bedrooms and a family bathroom. To the outside there is a generous but low maintenance rear garden with lawn area and patio, a front lawn area and off road parking via A driveway. Also offering plenty of storage, full double glazing and gas central heating. The property is in desperate need of refurbishment and redecoration throughout, offering huge potential to any buyer to own such a vast property.
The property, which is offered with no chain and as unfurnished, is available immediately for viewings. If you are interested in viewing this great opportunity please register your interest to to book a viewing...VIEWINGS AVAILABLE IMMEDIATELY...CHAIN FREE...BOOK NOW...FOUR RECEPTION ROOMS...FIVE BEDROOMS...EPC GRADE - C!!!
CURRENT 71/82 POTENTIAL
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 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 £6,582 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,954. 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.
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.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
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.