Property description

Freehold. EPC awaited. City of wolverhampton council tax band B. For sale by the modern method of auction. Situated on the borders of Lanesfield and Coseley, this is a traditional family home, extended substantially to the rear. The accommodation comprises an entrance hall, lounge, sitting room, dining room, large lean-to, kitchen, and shower room / WC, with three bedrooms, bathroom and separate WC to the first floor.
This is an ideal property for investors or owner occupiers looking to carry out substantial refurbishment. This style of property is always popular, and this particular example benefits from a long drive and front garden, together with a substantial rear garden. It has been extended previously, although it is recommended to check the suitability and planning situation of these extensions. There is also a building to the rear of the garden.
In terms of location, it could hardly be more convenient, being situated between Wolverhampton, Dudley, Birmingham, and Walsall, with excellent access to the motor way network and good bus routes. There is a local station at Coseley with some local shopping.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum of six months, with the exception of short-term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

WOL220105/8

Entrance Hall (3.8m x 1.75m)

With entrance door, stairs rising to first-floor accommodation, under-stairs cupboard, and doors to sitting room and to kitchen.

Lounge Area (3.9m x 3.43m)

With bay window to front and open-plan to sitting room.

Sitting Room Area (4.24m x 3.56m)

With door to entrance hall, and part-glazed door with side windows to dining room.

Dining Room (4.3m x 4m)

With glazed door with complementary side windows to sun room / lean-to, and door to inner hall way leading to kitchen and shower room/ WC.

Sun Room/Lean-To. (5.4m x 2.84m)

With windows to side and rear and sliding glazed doors to rear garden.

Kitchen (2.97m x 2.1m)

With box-bay window to side, doors to entrance hall and inner hallway, and fitted with a basic range of wall and base units, and having a cooker pint and inset sink-drainer.

Rear Lobby

Unmeasured - With doors to kitchen, dining room, shower room, and to outside.

Shower Room (4.62m x 1.3m)

With obscured window to side and fitted with a three-piece shower suite.

First-Floor Accommodation:-

Bedroom One (3.38m x 3.33m)

With bay window to front elevation.

Bedroom Two (3.89m x 3.28m)

With wndow to rear elevation.

Bedroom Three (2.1m x 2.03m)

With wndow to front elevation.

Bathroom (2.06m x 1.98m)

With obscured window to rear and fitted with a two-piece bathroom suite.

Separate WC (1.04m x 0.79m)

With obscured window to side and fitted with a low-level flush WC.

Outside:-

To the front of the property is a dwarf wall with twin entrance gates, behind which is a large foregarden with lawn and mature shrubs and a deep driveway providing off-road parking for several vehicles, There is also a store to the side of the house which could provide garaging for a motorbike / bicycles. To the rear there is a large overgrown garden with a block-built garden room at the back.

Auction Terms:-

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which (truncated)

Summary:-

Freehold. EPC awaited. City of wolverhampton council tax band B. For sale by the modern method of auction. Situated on the borders of Lanesfield and Coseley, this is a traditional family home, extended substantially to the rear. The accommodation comprises an entrance hall, lounge, sitting room, dining room, large lean-to, kitchen, and shower room / WC, with three bedrooms, bathroom and separate WC to the first floor.
This is an ideal property for investors or owner occupiers looking to carry out substantial refurbishment. This style of property is always popular, and this particular example benefits from a long drive and front garden, together with a substantial rear garden. It has been extended previously, although it is recommended to check the suitability and planning situation of these extensions. There is also a building to the rear of the garden.
In terms of location, it could hardly be more convenient, being situated between Wolverhampton, Dudley, Birmingham, and (truncated)
Amenities

Traditonal semi detached

In need of comprehensive refurbishment

Cash buyers

Freehold and EPC awaited

City of wolverhampton council tax band B

For sale by the modern method of auction

Trms and conditions and fees apply

Subject to an undisclosed reserve

Entrance hall

Lounge