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3 bedroom maisonette for sale
46 Enfield Close, Birmingham B23 5SE
£40,000
46 Enfield Close, Birmingham B23 5SE
£40,000
Our Summary
- For sale on 25 September 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 10:00
- We feel with minimal cosmetic works value can be added and rental yields are very high within the area
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- 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
- Additional Information: 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
- 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)
- Auction: 25
- Vacant possession with scope to add substantial value
Description
A purpose-built two-bedroom maisonette is being sold at auction on September 25, 2025, with a guide price and reserve price to be determined. The property is located in a popular development in Sutton Coldfield, offering excellent public transport links, reputable local schools, and local amenities. The maisonette is of brick construction and features two bedrooms, a reception room, and a kitchen. With minimal cosmetic works, the property has high rental yields and potential for value addition. The sale is subject to a 99-year lease from 1971, with ground rent and service charge review periods to be confirmed in the lease documents. The buyer will need to pay a 5% deposit and a 4.8% buyer's fee, which does not contribute to the purchase price but will be taken into account when calculating Stamp Duty Land Tax. The property is being sold with vacant possession upon completion, and the auction will be broadcast online with live auctioneers. Bidders must register by 5 pm the day before the auction to participate.