3 Bedroom Detached House

Location Description

Situated on the well-connected Warwards Lane in Selly Oak, this property benefits from a highly convenient location close to a wide range of local amenities, schools, shops and transport links. The property is within easy reach of Birmingham City Centre, Queen Elizabeth Hospital and the University of Birmingham, making the area consistently popular with homeowners, investors and developers alike. Nearby train stations, bus routes and major road links provide excellent commuting access across Birmingham and surrounding areas.

Property Description

Welcome to 247 Warwards Lane, Birmingham, a three-bedroom property offering fantastic potential for buyers looking for a full renovation project. Requiring significant modernisation throughout, this property presents an excellent opportunity for investors, developers or buyers seeking to create a home tailored to their own style and specification.

The ground floor briefly comprises an entrance hallway leading into a substantial open-plan sitting and dining room stretching over 26ft in length, offering excellent potential to create a spacious and versatile living area. To the rear is a fitted kitchen with access through to the conservatory, providing additional reception space and access out to the rear garden. A ground floor bathroom is also positioned to the rear of the property.

Upstairs, the first floor offers three bedrooms including two generous doubles and a further single bedroom, ideal for use as a nursery, home office or dressing room.

Externally, the property benefits from a rear garden with scope for landscaping and improvement. Internally, the home requires comprehensive renovation works throughout including cosmetic updating and modernisation, making it ideal for those looking to add value.

Positioned within a popular residential area with strong long-term demand, this property offers huge potential for refurbishment, resale or rental investment subject to the necessary works being completed.

Being Sold by GOTO Online Auction 

Starting Bids from: £260,000

Buy it now option available 

Please call or visit GOTO Online Auctions for more information. 

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.  

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.  

To book a viewing visit Black and Golds Estate agents. 

General Information:
Auctioneer's Comments 

This property is for sale by 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 complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means 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 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 sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free 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 4.3% of the purchase price including VAT and a Legal Pack fee of £396 including VAT. This secures the transaction and takes the property off the market. 
 
The Buyer’s Premium and administration charge are in addition to the final negotiated selling price. 

Buyer Fees 

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

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. 

Tenure

We are advised that the property is Freehold. It’s recommended that interested parties verify this information.

The Consumer Protection Regulations 2008:  Black & Golds Estate Agents have not tested any apparatus, equipment, fixtures and fittings or services, so cannot verify that they are connected, in working order or fit for the purpose.  Black & Golds Estate Agents have not checked legal documents to verify the Freehold/Leasehold status of the property. The buyer is advised to obtain verification from their own solicitor or surveyor.

References to the tenure of the property are based on information received from the seller, the Agent has not been given access to the title documents.  A buyer is advised to obtain verification from their solicitor.  Sales Particulars form no part of any sale contract. Any items shown in photographs are not included unless particularly specified as such in the sales particulars; interested buyers are advised to obtain verification of all legal and factual matters and information from their solicitor, licenced conveyancer or surveyor.

PLANNING PERMISSION AND BUILDING REGULATIONS:  It is the responsibility of Purchasers to verify if any planning permission and building regulations were obtained and adhered to for any works carried out to the property.