5 bedroom Detached house in Birmingham

40 Oakfield Road, Selly Park, Birmingham B29 7EJ
  • Lot No: 61
  • Property Type: Detached house
  • Contract Type: Unconditional with Variable Fee

Guide Price* £625,000+ plus fees

Property Description

An opportunity to purchase a detached house occupying a superb corner plot in the highly desirable Selly Park area of Birmingham. The property boasts five double bedrooms, family bathroom and shower room upstairs as well as three reception rooms downstairs with kitchen, pantry and covered outbuildings. There is parking for several vehicles, a garage and an enviable sized garden to the front and rear. The property could benefit from a cosmetic upgrade and also offers potential to add significant value by reconfiguring the current layout and even extending into the loft area. (STPP) The property is suitable as a family home and would also appeal to home owners and investors/developers due to the potential opportunity this property offers. Birmingham city centre is easily accessible as are a wide range of shops, bars, restaurants and Birmingham University. Transport links are excellent in the area and offer good bus and rail routes as well as local and national road links. Viewings are limited and are strictly by appointment only, please call our offices for more information.

Additional Information:

Construction Material: Standard brick. Heating: Boiler, mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as available. Satellite and Cable - BT, Sky and Virgin show as available in this area.


Note:

There will be an extended completion time frame. Completion due on Friday 31st January 2025, please refer to the legal pack.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s 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. 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. 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). Guide Price & Reserve Price 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.

Auction Details

Date 21st November 2024

Venue National Property Auction
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.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

40 Oakfield Road, Selly Park, Birmingham B29 7EJ