*for sale via the modern method of auction * guide price £950,000 * bidding closes 15 December at 2PM * reservation fee applies *
Offered for sale by modern method of auction is this large freehold detached bungalow built in the 1950s on the site of an unlisted former Tudor mansion.
The bungalow requires modernisation and refurbishment throughout all could be demolished offering development potential subject to planning permission.
Approach via Hampton Lane and adjacent to Catherine - De - Barnes Cricket Club the property is very conveniently located for the M42 motorway junction 5, Birmingham International Airport, and train station and Solihull's amenities.
The property has mains drainage and heating is oil as no gas is supplied.
Important information -
This property is for sale by conditional online auction, also known as the ‘Modern Method of Auction’. The successful bidder is required to pay a non-refundable reservation fee of 3.5% plus VAT or £5,000.00 plus VAT (whichever is higher). Any successful bidder will pay this to secure the property. The reservation fee is in addition to the purchase price. The successful bidder then has 40 working days to exchange legally binding contracts. Generally speaking, Guide Prices, are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure guide. Before proceeding to bid, you need to carry out your due diligence, the Auction Team recommend you inspect all elements of the legal pack, it’s advisable to review the pack with your legal advisor. We also recommend viewing of the property and any surveys and reports need to be carried out prior to bidding.
* for bidding and legal information please visit *
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|End terrace house||2.3%||£338,325||2.7||1.2|
|Property Type||1 Bed||2 Beds||3 Beds||4 Beds||5 Beds|
|Houses||£254,633 (3)||£367,995 (11)||£397,546 (39)||£666,188 (46)||£988,485 (10)|
|Flats||£158,703 (38)||£239,791 (98)||£369,707 (7)||-||-|
|All||£165,722 (41)||£252,729 (109)||£393,310 (46)||£666,188 (46)||£988,485 (10)|