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5 bedroom terraced house for sale
37 Claremont Road, Smethwick, West Midlands B66 4JY
£195,000
37 Claremont Road, Smethwick, West Midlands B66 4JY
£195,000
Our Summary
- For sale on 10 December 2024 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
- 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)
Description
This impressive investment property in Birmingham's highly sought-after location is up for auction on December 10, 2024. The property generates a net income of £28,500 per year, offering a yield of over 14% against the guide price. The property features three floors, including an entrance hall, two reception rooms, four double bedrooms, two bathrooms, and a shower on the top floor. With excellent transportation links to the city center and nearby train stations, the property is close to local amenities, shops, and the Windmills Chopping Centre. The property is freehold, with an EPC rating of E, and is being sold under an unconditional sale type. The auction will be broadcast online with live auctioneers, and bidders can participate by proxy, online, or by phone. The sale is subject to SDL Property Auctions' Buyers Terms, including a 5% deposit and a 4.8% buyers fee.