3 bed terraced house for sale

Glendon Road, Birmingham B23

Property being sold in partnership with sdl Auctions on Wednesday 29th October 2024 from 9.00 am

***fantastic investor opportunity***ideal starter home for first time buyers***

Belvoir Erdington are pleased to present a deceptively spacious extended three bed mid terrace house for sale in Erdington.
Rental demand is very high and a forecasted annual rental yield around £15k can be achieved. Ideally suitable for both first time
buyers and investors. Please register your interest asap with sdl Auctions in the first instance.

The ground floor comprises of an internal hallway and stairway. There is a spacious living room to the front followed by a further reception
room/dining room and separate kitchen with direct garden access.

The first floor consists of three bedrooms and and a family bathroom room.

Gas central heating and part double glazing present at property.

Current EPC rating 'D' (April 2019)
Tenure - Freehold tbc

Room sizes are approximate sizes.

Front living room to bay window - 6.05m x 3.69m
Second reception room/dining room - 3.71m x 3.09m
Kitchen - 5.08m x 2.75m

First Floor Front Bedroom - 3.66m x 2.88m
Second Bedroom - 4.26m x 2.86m
Small Bedroom - 2.70m x 2.28m

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).

The Buyers 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.