Barbara Street, Tamworth
Guide Price £120,000 For Sale


Property Details

3 1 2
  • 2 Bedroom House and 1 Bedroom Annexe
  • Central Town Centre Location
  • Driveway to the Side
  • Potential £1,200 PCM income
  • Refurbishment Required
  • Further Development Potential
  • For Sale through Auction

For Sale with Next Place Property Agents ++ Potential £1,200 PCM Rental Income ++ Central Town Centre Location ++ Large Plot ++ 2 Bedroom House with Garden ++ Detached 1 Bedroom Annexe with Driveway ++ Refurbishment Required ++ For Sale with the Modern Method of Auction ++

We are pleased to offer for sale through auction this central Town Centre property comprising of a 2 bedroom house and detached 1 bedroom Annexe. Requiring refurbishment, the property would make an ideal investment property, with a potential income of £1,200 PCM (£650 PCM for the 2 bedroom house, £550 PCM the 1 bedroom Annexe).

GROUND FLOOR

Lounge/Diner 6.88m (22'7") x 3.88m (12'9") Bay window to front, window to side, two radiators, door to:

Kitchen 3.88m (12'9") x 3.05m (10') Plumbing for washing machine, space for fridge/freezer, gas point for cooker, window to rear, stairs to the first floor landing, door to an under stairs storage cupboard and:

Bathroom Fitted with a three piece suite comprising panelled bath, pedestal wash hand basin and low-level WC, window to rear, radiator.

FIRST FLOOR

Landing Window to side, radiator.

Bedroom 1 3.88m (12'9") x 3.23m (10'7") Window to front, radiator.

Bedroom 2 3.50m (11'6") x 2.89m (9'6") Window to rear, radiator.

OUTSIDE The house has a garden to the rear of the annexe.

ANNEXE

Open Plan Lounge/Kitchen 4.67m (15'4") x 4.65m (15'3") Having an open plan lounge kitchen, there is space for a cooker, washing machine and fridge. There is a window to the side and storage cupboard.

Bedroom 3.21m (10'6") x 2.90m (9'6") Window to the side.

Shower Room Shower, wash hand basin and WC.

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days to complete. Allowing the additional time to exchange 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 will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT which 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 an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.

Location