This property has been taken off the market.

5 Bed Detached House For Sale Hillwood Road, Sutton Coldfield, B75

£785,000- Detached

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 22nd April 2024

Description

For sale on 25 April 2024\r
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.\r
The auction will commence at 09:00.

A part completed five bedroom detached property (plot 2) within a small residential development of four similar properties within an affluent and highly sought after part of Sutton Coldfield.\r
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We estimate when completed the property would have a value of circa £2 million (subject to internal specification). The property appears to be a considerable way through its construction and we have had site of a report created May 2023 stating the accommodation is to be laid out as:\r
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Ground Floor:\r
Entrance lobby\r
Open plan kitchen/dining/lounge\r
Cinema room\r
Study\r
Utility\r
WC\r
Double garage\r
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First Floor:\r
Master bedroom with dressing room, en-suite bathroom and balcony\r
Bedroom 2 with dressing room and en-suite\r
Bedroom 3 with dressing room and en-suite\r
Bedroom 4 with dressing room and en-suite\r
Bedroom 5 with en-suite.\r
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Total area circa 4,380 sq. ft.\r
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The property is situated on Hillwood Road which is a quiet road on the fringe of Mere Green, characterised by substantial detached houses. This forms a gated development of four properties with far reaching rural views beyond.\r
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Sutton Park is located close by which is popular for those interested in outdoor pursuits, and popular golf clubs including Aston Wood and Little Aston are also located close by.\r
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Interested parties are advised to inspect the legal pack prior to bidding and make their own independent enquiries.\r

Tenure: Freehold

EPC Rating: Exempt

Terms:
Auction Details:\r
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The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.\r
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Binding contracts of sale will be exchanged at the point of sale.\r
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All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.\r
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Auction Deposit and Fees:\r
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The following deposits and non- refundable auctioneers fee apply:\r
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• 10% deposit (subject to a minimum of £5,000)\r
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• Buyers Fee of £1,500 inc. VAT\r
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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.\r
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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.\r
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Additional Information:\r
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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.\r
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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).\r
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Guide Price & Reserve Price:\r
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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.

Agent Details
SDL Property Auctions
17 Regan Way Toton Nottingham NG9 6RZ

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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