3 bedroom Semi-detached house in Birmingham

100 Jerrys Lane, Birmingham B23 5PA
  • Lot No: 85
  • Property Type: Semi-detached house
  • Contract Type: Unconditional with Variable Fee

Guide Price* £169,500+ plus fees

Property Description

A 3 bedroom semi detached property located in a very popular location with huge demand for rental properties in the area. This property has the potential to add value with an option (STP) for a two storey extension due to its sizeable plot. 3 bedroom properties in the area are achieving £1,200pcm in rental income, a huge £14,400 a year. The area is extremely sought after and rental properties are scarce and in high demand. The property briefly comprises of porch, entrance hall, 2 reception rooms and kitchen downstairs, with 3 bedrooms and a bathroom upstairs. There is off road parking to the front and a rear garden. Viewings are available as is a video with commentary by clicking the virtual tour.

Additional Information:

Construction Material: Standard brick. Heating: Boiler and radiators mains gas. Coverage: Broadband - Standard and Ultrafast is available in this location. Mobile signal - Vodafone and EE show as high in this area, and Three and O2 as medium. Satellite and Cable - BT, Sky and Virgin show as available in this area.


Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


Please Note

PLEASE NOTE: Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is related to our joint agent in the sale, and the joint agent will receive part of any Buyers Fee as commission. If you have any queries regarding this, please contact us for further information.


Tenure

See Legal Pack

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.

Auction Details

Date 26th September 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

100 Jerrys Lane, Birmingham B23 5PA