3 Bedroom, Mid Terraced House, 175 Leamore Lane, Bloxwich, Walsall WS2 7DG

Overview

Hammer Price Homes are pleased to present for sale by online auction this 3 bedroom mid terraced house in Walsall. The sale is recommended for cash buyers only.

The property briefly comprises: To the ground floor, an entrance hallway leading to a lounge, kitchen, utility and downstairs WC. To the first floor there is a landing leading to 3 bedrooms, a bathroom and separate WC.

Outside there are good sized gardens to the front and rear.

The property requires full renovation throughout, and this sale is recommended for cash buyers only due to the general condition; we feel it may be difficult to obtain lending via a traditional mortgage on the property. If you are looking to finance the purchase through a traditional mortgage then please ensure that you have checked with your lender prior to bidding. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location

The house is conveniently located part way between the centres of Bloxwich and Walsall. All usual local amenities are easily at hand including frequent and regular public transport services, places of public worship and schools catering for children of all age groups. Nearby junction 10 of the M6 Motorway provides easy commuting to Birmingham City Centre together with access to the wider West Midland conurbation.

Special Conditions

This sale is recommended for cash buyers only due to the general condition; we feel it may be difficult to obtain lending via a traditional mortgage on the property. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.

60 days to complete.

Tenure

Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website.

A copy of the Transfer of the land dated 3 October 1988 has been requested from Land Registry and will be uploaded to Hammer Price homes website when received.

The Conveyance dated 17 April 1909 is not available at the Land Registry for download. An indemnity policy for any missing conveyance documentation can be sourced during the conveyancing process should the buyer wish.

Other information

The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.

Council Tax Band – A

EPC Rating – D

Utilities:

Primary source of Water Supply: Assumed Mains

Primary source of Electricity Supply: Assumed Mains

Primary source of Gas Supply: Mains Gas Supply (information taken from EPC Certificate)

Source/s of heating: Room Heaters (information taken from EPC Certificate)

Primary arrangement for Sewerage/Drainage: Foul and Surface water from the property drains into a public sewer (information taken from the Regulated Drainage & Water Search).

Searches

Searches have been ordered and will be made available for download from the Hammer Price Homes website prior to the bidding taking place. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.

Auction Details

** Recommended for cash buyers only. 60 days to complete**

Auction ends – Thursday 3^rd April 2025 at 1:30 pm (Subject to anti-sniping).

Bidding Window Opens – Tuesday 1^st April 2025 at 12:00pm (Bidding will not be possible until this time).

Starting price – £76,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees

All fees are payable by bank transfer only (we do not take card payments).

Reservation Fee – Please note that there is a Reservation Fee (3.6% of the eventual sale price, Including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.

Proof & Source of funds

In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements).  It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers FAQ’s for further information.

Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.