0121 366 0539 westmidlandspropertyauction.co.uk
West Midands Property Auction
Live Auction Date: Thursday 24th January @ Molineux Stadium, Wolverhampton, WV1 4QR
LOTS IN THIS BROCHURE 96
PRICE RANGING FROM £5,000 - £325,000
ESTATE AGENT BRANCHES IN THIS REGION 176
Covering:
West Midlands Birmingham Shropshire Staffordshire Worcestershire Warwickshire Herefordshire
Live Auction Date: Thursday 29th November 2018 Register From: 18:00 Auction Starts: 19:00 Hayward Suite, Molineux Stadium, Waterloo Road, Wolverhampton, WV1 4QR
1 VENUE WEST MIDLANDS EVENT CALENDAR 2019 Hayward Suite, Molineux Stadium, Waterloo Road, Wolverhampton, West Midlands, WV1 4QR
Tel: 0871 222 2220 Visit: www.corporatewolves.co.uk
Registration at 6.00pm Auction begins at 7.00pm
DIRECTIONS
By road from the North: at next two islands, pass Banks’s Brewery and swimming Exit M6 at Junction 12. At island take third exit onto A5 for baths on left and then turn left at next set of traffic lights. Wolverhampton. At the next island turn left onto A449. After Molineux is 500 yards on the right. six miles the A449 passes under the M54. Carry straight on and at the sixth island (Five Ways) take the third exit onto By road from the South East: Waterloo Road. Molineux is one mile straight on. Exit M6 at Junction 10. Take A454 via Willenhall to Wolverhampton Ring Road. At first Ring Road island, take By road from the South West: the fourth exit (A449 to Stafford). Straight on at next two sets Exit M5 at Junction 2. Follow the signs for Wolverhampton of traffic lights. Filter right at third set of lights into Waterloo on the A4123 for eight miles to the Ring Road. Turn left on Road. Molineux is 500 yards on right. Ring Road, following signs for Molineux. Take second exit
ATTEND FOR FREE If you don’t want to register to bid, but are interested in the auction process or potentially selling at auction, you can attend our events to see what it’s like. You can also ask our auction team any questions you may have, for example:
Is my property suitable for auction? Any type of property is suitable for sale by auction. Lots range from traditional residential properties from all price ranges, style and condition, new-build development, tenanted investments, developments sites and all WEST MIDLANDS PROPERTY AUCTION sectors of commercial property. Selling through auction is the preferred method of sale in the USA, Canada, and in mainland Europe.
If you are interested in selling by auction and would like to speak to someone sooner, don’t hesitate to contact our West Midlands Auction team on 0121 366 0539.
2 3 AUCTION DAY PROCEDURE OUR METHODS OF AUCTION
Before placing a bid we strongly advise that you provide a reservation fee or deposit. We will then Modern Method of Auction carry out market research and due diligence on prepare the acknowledgement of reservation form The Modern Method of Auction is different to any property you are interested in bidding on. for you to sign using the details provided. Exchange traditional auction procedures in the UK, in that it is Make sure to review any legal documents we may will usually take place within 56 days under the conditional. This means that the sale is not legally have for the subject property. We recommend that supervision of your solicitor upon receipt of Draft binding once a bid is accepted. The successful before bidding you visually inspect the property Contract. Please do not leave the auction room bidder is required to pay a Buyers Reservation Fee/ internally and are completely happy with what’s without paying your deposit or reservation fee and Deposit and sign a Reservation Agreement. The on offer. signing the relevant paperwork. property is then reserved to the buyer. The buyer and seller are then required to unconditionally Registration exchange contracts and complete the transaction TRADITIONAL AUCTION You will require photographic I.D. and proof of If The Lot You Want Is Unsold within 56 days. address to obtain a bidding paddle to enable you to If a lot fails to reach its reserve in the room and you bid at a property auction. If you intend to bid please wish to buy it, ensure you register your highest bid Traditional Method of Auction remember to bring with you your debit/credit card with us before you leave the room. We will contact This is an Unconditional Auction where on MODERN AUCTION or bankers draft for your Reservation Fee and the the vendor and ask them for their instructions and acceptance of an offer or on the fall of the required identification. Please also bring the contact contact you if we think that a sale after the auction hammer the buyer will pay up to a 10% deposit and details of the solicitor you intend to use. is negotiable. Alternatively, call us in the office after exchange of contracts is immediate. Both parties the sale. are then legally bound to buy and sell. Traditional Bidding For Your Lot Auctions are mainly used by the investment market When the auctioneer announces your lot he will also Bidding Prior to the Auction for properties that attract significant interest from bring to your attention any last minute items which Any bid or registration of interest must be presented professional investors. The residential sector can you should be aware of. He will read the full address to the vendor in real time which may lead to a find it harder to buy through a traditional auction of the property, so please double check before property being sold prior to the auction event. Buyers because there is a limited amount of time to put bidding that this is the lot that you are interested in. are urged to register their interest early to avoid any finance in place, meaning many purchases through The current lot number is usually displayed with a disappointment. If you require any assistance with a traditional auction are cash based. photograph on screens at the front of the room. The finance or conveyancing then speak to a member of auctioneer will invite bids at a particular level and the auction team who will be happy to provide quotes The Verdict you can make this bid by raising your paddle, hand from our specialist panel. Whilst the Traditional Auction is useful for disposing or catalogue. If you wish to make a bid other than the of investment stock to the investment market quickly auctioneer calls, please shout out your bid and the and efficiently, the residential market requires more auctioneer may or may not accept it. The property than this. The Modern Method offers the ability to will be ‘knocked down’ to the highest bidder – but maximise the level of interest from a broad range of not until the auctioneer warns you by saying ‘going, buyers, in turn creating the best sales price in the going, gone’. Never delay until the last second with current market but still benefiting from the security of Remember! If you’re not planning to attend your bid – you may lose it. Remember, there may be the auction, but would like to bid by proxy or a non refundable reservation fee or deposit and a 300+ people in the room and unless your bid is clear phone, you must fill and return the form in fixed date to move and sell. the auctioneer may not see you. this catalogue or contact the team to pre-register on: 0121 366 0539 On The Fall Of The Hammer [email protected] If you are the successful bidder, a member of the auction team will approach you and ask you to follow them to the sales room. You will be asked to
4 5 PROOF OF IDENTIFICATION GLOSSARY OF COMMON AUCTION TERMS
Addendum a non-refundable basis. The deposit is held as a This is the document published on the day of the reservation against the subject property. If the sale All successful bidders must provide Proof of Identity auction containing all changes and additions to falls through due to an act or action of the vendor, and Proof of Address in order for us to comply with the details within the catalogue. It is important the deposit becomes repayable to the buyer in full. money laundering regulations. Important notice! that you read this document before bidding to see You must supply at least one document from if there is anything significant listed against your Exchange of Contracts lot. We will be compiling these amendments right The buyer will sign the contract for sale and Original documents must be provided. each list below to proceed with the sale.* up until the auction day. The most up to date copy send it to the seller, who also signs it. This is the Photocopies are not accepted. is always available from our Auction Department. point at which both parties are legally obliged The Addendum forms part of the contract of sale. to complete the transaction, and usually aim to takes place 28 days after the buyer’s solicitor is Reserve Price in receipt of draft contracts. At this point there is This is the minimum price that is acceptable to a legal obligation for the purchaser to buy and the the vendor for selling their lot in the auction. We vendor to sell. Proof of Identity Tick List Proof of Address Tick List do not publish Reserve Prices; this figure is a private agreement between the vendor and the Completion of Contracts auctioneer, however as a guide the Reserve is This is when the purchase becomes final. Current Signed Passport Current full UK Driving Licence** (Provisional licenses not accepted). generally around 10% in excess of the Starting The purchase price is paid in full by the buyer’s Current Full UK/EU Photo Card Driving Bid. Both the Starting Bid and Reserve can be conveyancer and received by the seller’s Licence** A utility bill issued in the last three months subject to change. conveyancer. The seller must move out of the (Not a mobile phone bill) property on this date and release the keys to Current full UK Driving Licence** (old style)** Reservation Fee the buyer. (Provisional licenses not accepted). Local Authority tax bill (Current year) Unless otherwise stated, each property is sold Resident permit issued by the Home Office subject to a Reservation Fee of 4.2% including Special Conditions Of Sale to EU Nationals. Bank / Building Society / Credit Union VAT subject to a minimum of £6,000 including In addition to these ‘general’ conditions statement containing current address. VAT. If you are interested in a particular lot please applicable to each lot the vendor’s solicitor may Inland Revenue Tax Notification. speak to a member of the team before you bid and draft additional terms applicable to their individual Most recent original mortgage statement clearly read the Terms & Conditions attached to lot – these are the Special Conditions. from a UK lender. the property. Please note that the Reservation Fee is in addition to the final negotiated selling These are not printed in the catalogue and are price, and is paid on a non-refundable basis. It is available for free from the Auction Department held as a reservation against the subject property if applicable. They form part of the Contract of until exchange of contracts take place. If the sale Sale. It is important that you satisfy all of your falls through due to the vendor breaching the terms legal enquiries and are aware of all conditions DEPOSITS / RESERVATION FEES of the agreement the Reservation Fee or deposit (including any Addendum) before you bid at becomes repayable to the buyer in full. auction.
Deposits and /or fees will be accepted by one of Reservation Deposit Energy Performance Certificate (EPCs) the following methods: Under this method of sale the buyer will be EPCs contain information on your home’s required to pay a Reservation Deposit. The energy use and typical energy costs, with Banker’s Draft, Debit / Credit Cards. Reservation Deposit is calculated against the recommendations on how to reduce energy final negotiated selling price at NO CASH OR CHEQUES WILL BE ACCEPTED 4.2% including use and save money. VAT subject to a minimum of £6,000 including VAT. The deposit is taken as a part payment of the Auction Catalogue final negotiated selling price and will be deducted Details of the property and land to be sold are *We reserve the right to conduct a soft imprint online identification search on any successful buyer. from the balance of the final selling price upon set out in this catalogue. All lots are sold subject * **Current full UK/EU driving license cannot be used to prove both ID and address. This document can only identify ID or address. completion of contracts. The deposit is taken on to Special Conditions of Sale. It is important that
6 7 UNCONDITIONAL LOTS
prospective purchasers satisfy themselves as to bidding facility is disabled. If you wish to place the location, boundaries, condition and state of a pre auction offer you will need to speak with a the lots before the auction. member of the Auction Team who will explain the process to you. The vendor can consider offers prior Starting Bids to the live auction, but this is at their discretion to SPECIFIC TERMS APPLICABLE TO LOTS 01-15 These are prices published for each property and do so. The auctioneers or vendors cannot be held are the level at which the bidding will commence. responsible for costs incurred in respect of any lot These properties are offered under UNCONDITIONAL AUCTION TERMS. They are for guidance only and are not Reserve which is withdrawn or sold prior to auction. Prices. They may occasionally change during The successful buyer is required to pay a 10% deposit with an immediate the marketing period. Each Starting Bid has a exchange of contracts. In addition to the 10% deposit required for exchange corresponding Reserve Price that is usually in Buyer Information Pack of contracts, a Buyers Administration Fee of £1200 including VAT will excess of the starting price. A Buyer Information Pack is a range of legal documents prepared before the property also be payable by the successful purchaser in addition to the deposit. Insurance is sold via auction. This gives the buyer The buyer will be granted 28 days from the date of exchange of contracts Unless indicated to the contrary, the seller a chance to view the legal aspects of the to complete the purchase. Please note this property is subject to an will continue to be responsible for insuring the property before purchasing. property until completion. undisclosed Reserve price with both the Reserve price and Starting Bid The pack includes: Property Information being subject to change. Terms and conditions apply to the Unconditional Viewing forms, Fixture and Fittings forms, official Land auction method of sale. Please check the Auction Pack supplied for any Due to the nature and condition of auction Registry Documents, Title Plan, Local Search properties, we highlight the potential risk that and Water and Drainage Search, leasehold special terms and conditions associated with the lot. Please note: The viewing such properties carries and advise all to documents if applicable and auction Terms seller is a registered social landlord and is therefore prohibited from selling proceed with caution and take necessary actions and Conditions. to ensure their own safety whilst viewing any lot a property to anyone who is an employee or director of the seller, or was in in this catalogue. Viewings are conducted entirely The successful purchaser will be required the last 12 months an employee or director, or is a close relative of such a at your own risk, these properties are not owned to pay £200 including VAT for the preparation person or an agent on their behalf. or controlled by the Auction Department and we of the Buyer Information Pack. cannot be held liable for loss or injury caused while viewing or accessing any lot. Due to the Once the property is sold, the pack will be nature of some auction properties, electricity forwarded to the solicitors involved to ensure may not be turned on therefore viewing times a speedy exchange and completion. are restricted.
The Legal Aspect The legal aspect of buying at auction is a contractual commitment. Before making an If you have any queries or further questions offer prior to auction or bidding at the auction it regarding the information in this catalogue, is advisable to consult a solicitor regarding the don’t hesitate to speak to a member of our General and Special Conditions of Sale, the Local auction team who will be able to offer you sound Authority Search and other legal documentation. advice. You can contact us by telephone, email or alternatively visit our website Pre Auction Offers www.westmidlandspropertyauction.co.uk If a property has been entered to a live auction West Midlands room at one of our regional auctions the online Property Auction
Disclaimer Particulars within this catalogue are believed to be correct but their accuracy is not guaranteed. Information relating to rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. 8 9 LOT LIST UNCONDITIONAL LOTS (WHT)
VIEWING TIMES Lot Address Starting Bid Agents
01 12 The Rookery, Madeley, Telford, Shropshire £70,000 DB Roberts
02 23 Fourth Avenue, Ketley Bank, Telford, Shropshire £80,000 DB Roberts
03 29 Western Rise, Ketley, Telford, Shropshire £81,000 DB Roberts
WHT Viewing Schedule 04 35 Overdale, Telford, Shropshire £81,000 DB Roberts Viewing Days Wednesday 16th, Saturday 19th & Wednesday 23rd January 05 112 Chiltern Gardens, Dawley, Telford, Shropshire £60,000 DB Roberts
06 202 Blakemore, Brookside, Telford, Shropshire £65,000 DB Roberts Lot Address Time 07 146 Bishopdale, Brookside, Telford, Shropshire £75,000 DB Roberts 03 29 Western Rise, Ketley, Telford, TF1 5BS 09:10 08 41 Penistone Close, Donnington, Telford, Shropshire £60,000 DB Roberts
02 23 Fourth Avenue, Ketley Bank, Telford, TF2 0AS 09:40 09 20 Delbury Court, Hollinswood, Telford, Shropshire £45,000 DB Roberts
04 35 Overdale, Telford, TF3 5AL 10:10 10 50 Cedar Close, Rock Bank, Telford, Shropshire £40,000 DB Roberts
10 50 Cedar Close, Rock Bank, Telford, TF3 5BP 10:40 11 Freehold Sale of 55 & 57 Chepstow Drive, Leegomery, Telford, Shropshire £55,000 DB Roberts
12 21 West Avenue, Donnington, Telford, Shropshire £63,000 DB Roberts 05 112 Chiltern Gardens, Dawley, Telford, TF4 2QJ 11:20 13 75 Park Road, Donnington, Telford, Shropshire £70,000 DB Roberts 06 202 Blakemore, Brookside, Telford, TF3 1QA 11:50 14 89 Lancaster Avenue, Dawley, Telford, Shropshire £37,000 DB Roberts 07 146 Bishopdale, Brookside, Telford, TF3 1SG 12:20 15 53 Sandiford Crescent, Newport, Shropshire £65,000 DB Roberts 01 12 The Rookery, Madeley, Telford, TF7 5AW 13:00 16 Freehold Sale of Flats 77-80 Dunsheath, Hollinswood, Telford, Shropshire £5,000 DB Roberts 09 20 Delbury Court, Hollinswood, Telford, TF3 2BS 13:40 17 Freehold Sale of Flats 180-194 + 34 Garages, Burford, Brookside, Telford, Shropshire £100,000 DB Roberts
12 21 West Avenue, Donnington, Telford, TF2 8BL 14:20 18 Shiralee, Plough Road, Wrockwardine Wood, Telford, Shropshire £130,000 DB Roberts
08 41 Penistone Close, Donnington, Telford, TF2 7QS 15:00 19 60 Downton Court, Deercote, Telford, Shropshire £50,000 DB Roberts
11 55 & 57 Chepstow Drive, Leegomery, Telford, TF1 6UP 15:30 20 67 Chiltern Gardens, Dawley, Telford, Shropshire £70,000 DB Roberts
21 20 Union Street, Hadley, Telford, Shropshire £112,500 DB Roberts
22 10 Smallwood, Sutton Hill, Telford, Shropshire £60,000 DB Roberts
23 17 Pendil Close, Wellington, Telford, Shropshire £250,000 DB Roberts
24 117 Bembridge, Telford, Shropshire £35,000 DB Roberts
25 63 Pageant Drive, Telford, Shropshire £95,000 DB Roberts
26 28 Darliston, Telford, Shropshire £100,000 Your Move
27 Firestone House, Shrewsbury Street, Prees, Whitchurch, Shropshire £70,000 Barbers West Midlands 28 75 Salisbury Road, Market Drayton, Shropshire £70,000 Barbers Property Auction 29 Warren Cottage Tern Hill, Market Drayton, Shropshire £225,000 Barbers
30 31 Steepside, Shrewsbury, Shropshire £152,500 DB Roberts
10 11 LOT LIST LOT LIST
Lot Address Starting Bid Agents Lot Address Starting Bid Agents
31 4 Walton Avenue, High Ercall, Telford, Shropshire £135,000 DB Roberts 61 58 Wood Lane, Wolverhampton, West Midlands £85,000 Skitts
32 4 Lansdowne Crescent, Bayston Hill, Shrewsbury, Shropshire £150,000 DB Roberts 62 10 Three Tuns Lane, Wolverhampton, West Midlands £80,000 Skitts
33 22 Montrose Place, Bicton Heath, Shrewsbury, Shropshire £30,000 DB Roberts 63 106 Sherborne Road, Wolverhampton, West Midlands £50,000 Skitts
34 47 St. Godwalds Road, Bromsgrove, Worcestershire £325,000 Andrew Grant 64 87 Summerhill Road, Coseley, Bilston, West Midlands £100,000 Skitts
35 163 Horrell Road, Sheldon, Birmingham, West Midlands £90,000 Partridge Homes 65 47 Bunkers Hill Lane, Bilston, West Midlands £100,000 Skitts
36 41 Lazy Hill, Birmingham, West Midlands £58,000 Oulsnam & Co 66 19 Vale Street, Ettingshall, Wolverhampton, West Midlands £60,000 Skitts
37 65 Callowbrook Lane, Rubery, Rednal, Birmingham, West Midlands £230,000 Your Move 67 Red Roof, Alexandra Place, Bilston, West Midlands £120,000 Skitts
38 31 Northfield Road, Harborne, Birmingham, West Midlands £135,000 Your Move 68 100 Green Lanes, Bilston, West Midlands £85,000 Skitts
39 19 Hereford Close, Rubery, Rednal, Birmingham, West Midlands £105,000 Your Move 69 74 Ashley Street, Bilston, West Midlands £58,000 Skitts
40 380 Lickey Road, Rednal, Birmingham, West Midlands £165,000 Your Move 70 6 Abbey Square, Walsall, West Midlands £95,000 Skitts
41 77 Wolverton Road, Rednal, Birmingham, West Midlands £115,000 House Hub Sales & Lettings 71 26 Arrow Road, Walsall, West Midlands £90,000 Skitts
42 7 Moors Lane, Feckenham, Redditch, Worcestershire £110,000 Lamberts 72 205 Newcastle Street, Stoke-on-trent, Staffordshire £27,000 Your Move
43 56 Hillcrest Road, Birmingham, West Midlands £75,000 Acres Estate Agents 73 37 Houghton Street, Stoke-on-trent, Staffordshire £110,000 Your Move
44 103 Yateley Avenue, Birmingham, West Midlands £150,000 Acres Estate Agents 74 5 Fairway Road, Stoke-on-trent, Staffordshire £90,000 Your Move
45 104 Wootton Street, Bedworth, Warwickshire £120,000 Your Move 75 73 Hollings Street, Stoke-on-trent, Staffordshire £55,000 Your Move
46 6 Bewick Croft, Coventry, West Midlands £115,000 Your Move 76 65-67 Washerwall Lane, Werrington, Stoke-on-trent, Staffordshire £100,000 Keates Hulme
47 164 Lode Lane, Solihull, West Midlands £230,000 Hunters Group 77 32 Lonsdale Street, Stoke-on-trent, Staffordshire £30,000 Keates Hulme
48 15 Alderwood Place, Princes Way, Solihull, West Midlands £220,000 John Shepherd Estate Agents 78 182 Hednesford Road, Heath Hayes, Cannock, Staffordshire £80,000 Hunters Group
49 43 Bloomfield Street North, Halesowen, West Midlands £70,000 Lex Allan & Grove 79 9 Beech Close, Tamworth, Staffordshire £95,000 Hunters Group
50 332 Stourbridge Road, Halesowen, West Midlands £160,000 Lex Allan & Grove 80 74 Long Street, Dordon, Tamworth, Staffordshire £100,000 Next Place Property Agents
51 Merrivale, Brades Road, Oldbury, West Midlands £90,000 Lex Allan 81 143 Well Lane, Walsall, West Midlands £85,000 Webbs Estate Agents
52 28 Apperley Way, Halesowen, West Midlands £67,500 Lex Allan 82 45 Abbotts Street, Walsall, West Midlands £80,000 Webbs Estate Agents
53 9 Dalvine Road, Dudley, West Midlands £110,000 Lex Allan 83 59 Harrowby Place, Willenhall, West Midlands £110,000 Your Move
54 38 Dick Sheppard Avenue, Tipton, West Midlands £80,000 Open House Dudley 84 31 St. Cecilias, Okement Drive, Wolverhampton, West Midlands £27,000 Your Move
55 8 Moat Road, Oldbury, West Midlands £125,000 Open House Dudley 85 24 Bader Road, Perton, Wolverhampton, West Midlands £40,000 Your Move
56 40 Hayes Lane, Stourbridge, West Midlands £90,000 Your Move 86 70 High Street, Wednesfield, Wolverhampton, West Midlands £45,000 Your Move
57 Flat 7 168 Birmingham Road, West Bromwich, West Midlands £30,000 WK Property 87 19 Heath Drive, Worcester, Worcestershire £180,000 Your Move
58 Land At 25 Claremont Road, Sedgley, Dudley, West Midlands £45,000 Skitts 88 24 Waterloo Road, Bidford-on-Avon, Alcester, Warwickshire £220,000 Peter Clarke & Co LLP
59 14 Batmanshill Road, Tipton, West Midlands £115,000 Skitts 89 Orchard House Luddington Road, Stratford-upon-avon, Warwickshire £340,000 Peter Clarke & Co LLP
60 46 Bourne Avenue, Tipton, West Midlands £112,500 Skitts 90 The Haybarn, Brinsop, Hereford, Herefordshire £90,000 Jackson Property
12 13 LOT LIST LOT 1 Lot Address Starting Bid Agents Starting Bid: £70,000 UNCONDITIONAL LOT 91 The Steppes New Road, Caunsall, Kidderminster, Worcestershire £205,000 Phipps And Pritchard 12 The Rookery Madeley, Telford 92 56 Sebright Road, Wolverley, Kidderminster, Worcestershire £215,000 Phipps And Pritchard Shropshire 93 2 Fieldbrook Cottages, Pensax, Abberley, Worcester, Worcestershire £170,000 Allan Morris TF7 5AW
94 213 Goodman Street, Burton-on-trent, Staffordshire £80,000 Your Move Semi Detached House Generous Rear Garden 95 21 Warwick Close, Midway, Swadlincote, Derbyshire £110,000 Your Move 3 Bedrooms Off Road Parking 2 Reception Rooms EPC: F 96 683 Cannock Road, Wolverhampton, West Midlands £90,000 Your Move 1 Bathroom Tenure: Freehold
DB Roberts TW: 01952739365 It is our understanding that Japanese Knotweed is evident at the property and therefore it is suggested that potential purchasers NOTES carryout their own investigations prior to making a bid at auction. The purchaser will be required to arrange for the removal of the Japanese Knotweed after completion. LOT 2
Starting Bid: £80,000 UNCONDITIONAL LOT 23 Fourth Avenue Ketley Bank, Telford Shropshire TF2 0AS
Semi Detached House Driveway 2 Bedrooms Garden 1 Reception Room EPC: C 1 Bathroom Tenure: Freehold
DB Roberts TW: 01952739365
LOT 3
Starting Bid: £81,000£80,000 UNCONDITIONAL LOT 29 Western Rise Ketley, Telford Shropshire TF1 5BS
Semi Detached House Rear Garden 3 Bedrooms Driveway West Midlands 1 Reception Room EPC: D 1 Bathroom Tenure: Freehold Property Auction DB Roberts TW: 01952739365
1
14 15 LOT 4 LOT 7
Starting Bid: £81,000 UNCONDITIONAL LOT Starting Bid: £75,000 UNCONDITIONAL LOT 35 Overdale 146 Bishopdale Telford Brookside, Telford Shropshire Shropshire TF3 5AL TF3 1SG
Semi Detached House Generous Rear Garden End Terraced House Enclosed Rear Garden 3 Bedrooms Parking To Front 3 Bedrooms EPC: D 1 Reception Room EPC: D 1 Reception Room Tenure: Freehold 1 Bathroom Tenure: Freehold 1 Bathroom
DB Roberts TW: 01952739365 DB Roberts TW: 01952739365
LOT 5 LOT 8
Starting Bid: £60,000 UNCONDITIONAL LOT Starting Bid: £60,000 UNCONDITIONAL LOT 112 Chiltern Gardens 41 Penistone Close Dawley, Telford Donnington, Telford Shropshire Shropshire TF4 2QJ TF2 7QS
Mid Terraced House Enclosed Rear Garden Mid Terraced House Gardens 2 Bedrooms Local Amenities 3 Bedrooms EPC: C 1 Reception Room EPC: C 2 Reception Rooms Tenure: Freehold 1 Bathroom Tenure: Freehold 1 Bathroom
DB Roberts TW: 01952739365 DB Roberts TW: 01952739365
LOT 6 LOT 9
Starting Bid: £65,000 UNCONDITIONAL LOT Starting Bid: £45,000 UNCONDITIONAL LOT 202 Blakemore 20 Delbury Court Brookside, Telford Hollinswood, Telford Shropshire Shropshire TF3 1QA TF3 2BS
Mid Terraced House Enclosed Rear Garden • FirstFlat Floor Flat EPC: C 3 Bedrooms EPC: C 1 Bedroom Tenure: Leasehold 1 Reception Room Tenure: Freehold 1 Reception Room • Lease Term: 99 years 1 Bathroom 1 Bathroom • Ground Rent: £10 p/a
DB Roberts TW: 01952739365 DB Roberts TW: 01952739365
2 3
16 17 LOT 10 LOT 13
Starting Bid: £40,000 UNCONDITIONAL LOT Starting Bid: £70,000 UNCONDITIONAL LOT 50 Cedar Close 75 Park Road Rock Bank, Telford Donnington, Telford Shropshire Shropshire TF3 5BP TF2 8BP
• GroundFlat Floor Flat Local Amenities Semi Detached House Garden 1 Bedroom EPC: C 3 Bedrooms EPC: D 1 Reception Room Tenure: Leasehold 2 Reception Rooms Tenure: TBC 1 Bathroom 1 Bathroom • Lease Term: 99 years • Ground Rent: £10 p/a DB Roberts TW: 01952739365 DB Roberts TW: 01952739365
LOT 11 LOT 14
Starting Bid: £55,000 UNCONDITIONAL LOT Starting Bid: £37,000 UNCONDITIONAL LOT Freehold sale of 55 & 57 89 Lancaster Avenue Chepstow Drive Dawley, Telford Leegomery, Telford Shropshire Shropshire TF4 2HT TF1 6UP
Flat EPC: C • Details coming soon 2 Bedrooms Tenure: TBC 1 Reception Room 1 Bathroom
DB Roberts TW: 01952739365 DB Roberts TW: 01952739365 Subject to the leasehold interest of 57 Chepstow Drive. One vacant 1 Bed Ground Floor Flat (No. 55) LOT 12 LOT 15
Starting Bid: £63,000 UNCONDITIONAL LOT Starting Bid: £65,000 UNCONDITIONAL LOT 21 West Avenue 53 Sandiford Crescent Donnington, Telford Newport Shropshire Shropshire TF2 8BL TF10 7QW
Semi Detached House Rear Garden Flat Local Amenities 3 Bedrooms EPC: D 2 Bedrooms Balcony 1 Reception Room Tenure: Freehold 1 Reception Room EPC: C 1 Bathroom 1 Bathroom Tenure: TBC
DB Roberts TW: 01952739365 DB Roberts TW: 01952739365
4 5
18 19 LOT 16 LOT 19
Starting Bid: £5,000 UNCONDITIONAL LOT Starting Bid: £50,000 Freehold Sale of Flats 77-80 60 Downton Court Dunsheath Deercote, Telford Hollinswood, Telford Shropshire Shropshire TF3 2BT TF3 2BY
Apartment No Upward Chain Flat-block Tenure: Freehold 1 Bedroom Gas Central Heating 1 Bedroom 1 Reception Room EPC: E 1 Reception Room 1 Bathroom Tenure: Leasehold 1 Bathroom
DB Roberts TW: 01952739365 Telford Centre: 01952 291722
LOT 17 LOT 20
Starting Bid: £100,000 UNCONDITIONAL LOT Starting Bid: £70,000 Freehold Sale of Flats 180-194 67 Chiltern Gardens plus 34 Garages, Burford Dawley, Telford Brookside, Telford Shropshire Shropshire TF4 2QH TF3 1LW
Terraced House Front & Rear Garden Flat-block 22 Tenanted Garages 3 Bedrooms Garage 1 Bedroom 12 Vacant Garages 1 Reception Room EPC: D 1 Reception Room Tenure: Freehold 1 Bathroom Tenure: Freehold 1 Bathroom
DB Roberts TW: 01952739365 Telford Centre: 01952 291722
LOT 18 LOT 21
Starting Bid: £130,000 SOLD PRIOR Starting Bid: £112,500 Shiralee, Plough Road 20 Union Street Wrockwardine Wood, Telford Hadley, Telford Shropshire Shropshire TF2 7AL TF1 5RG
Bungalow Garden Semi Detached House Garage & Driveway 2 Bedrooms EPC: D 3 Bedrooms Gardens 1 Reception Room Tenure: Freehold 2 Reception Rooms EPC: C 1 Bathroom 1 Bathroom Tenure: Freehold
Wellington: 01952 256 272 Wellington: 01952 256 272
6 7
20 21 LOT 22 LOT 25
Starting Bid: £60,000 Starting Bid: £95,000 SOLD PRIOR 10 Smallwood 63 Pageant Drive Sutton Hill, Telford Telford Shropshire Shropshire TF7 4HJ TF4 3RQ
Terraced House No Upward Chain Terraced House No Chain 3 Bedrooms Enclosed Rear Garden 3 Bedrooms Rear Garden 1 Reception Room EPC: D 1 Reception Room EPC: C 1 Bathroom Tenure: TBC 1 Bathroom Tenure: Freehold
Telford Centre: 01952 291722 Telford Centre: 01952 291722
LOT 23 LOT 26
Starting Bid: £250,000 Starting Bid: £100,000 SOLD PRIOR 17 Pendil Close 28 Darliston Wellington, Telford Telford Shropshire Shropshire TF1 2PQ TF3 2DW
Detached House Gardens Terraced House Rear Garden 5 Bedrooms Parking 3 Bedrooms Local Amenities 3 Reception Rooms EPC: F 1 Reception Room Tenure: Freehold 3 Bathrooms Tenure: Freehold 1 Bathroom
Wellington: 01952 256 272 Telford: 01952 291 171
LOT 24 LOT 27
Starting Bid: £35,000 Starting Bid: £70,000 SOLD PRIOR 117 Bembridge Firestone House, Shrewsbury Telford Street Shropshire Prees, Whitchurch TF3 1NE Shropshire SY13 2DH
Flat No Chain 1 Bedroom EPC: D Semi Detached House Garage to Rear 1 Reception Room Tenure: Leasehold 3 Bedrooms EPC: F 1 Bathroom 2 Reception Rooms Tenure: Freehold 1 Bathroom
Telford Centre: 01952 291722 Whitchurch: 01948 667272
8 9
22 23 LOT 28 LOT 31
Starting Bid: £70,000 Starting Bid: £135,000 75 Salisbury Road 4 Walton Avenue Market Drayton High Ercall, Telford Shropshire Shropshire TF9 1AT TF6 6AL
Semi Detached House No Chain Semi Detached House No Chain 3 Bedrooms Driveway 3 Bedrooms Large Rear Garden 1 Reception Room EPC: C 1 Reception Room EPC: D 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold
Market Drayton: 01630 653641 Telford Centre: 01952 291722
LOT 29 LOT 32
Starting Bid: £225,000 SOLD PRIOR Starting Bid: £150,000 Warren Cottage Tern Hill 4 Lansdowne Crescent Market Drayton Bayston Hill, Shrewsbury Shropshire Shropshire TF9 3PU SY3 0JA
Cottage Generous Gardens Semi Detached House Front & Rear Gardens 3 Bedrooms Large Parking Area 3 Bedrooms Drive & Garage 2 Reception Rooms Tenure: Freehold 1 Reception Room EPC: C 1 Bathroom 1 Bathroom Tenure: Freehold
Market Drayton: 01630 653641 Shrewsbury: 01743 357 032
LOT 30 LOT 33
Starting Bid: £152,500 SOLD PRIOR Starting Bid: £30,000 31 Steepside 22 Montrose Place Shrewsbury Bicton Heath, Shrewsbury Shropshire Shropshire SY3 6DS SY3 5EN
Detached Garden Flat Car Parking 2 Bedrooms EPC: D 1 Bedroom EPC: D 1 Reception Room Tenure: Freehold 1 Reception Room Tenure: Leasehold 1 Bathroom 1 Bathroom
Shrewsbury: 01743 357 032 Shrewsbury: 01743 357 032
10 11
24 25 LOT 34 LOT 37
Starting Bid: £325,000 Starting Bid: £230,000 SOLD PRIOR 47 St. Godwalds Road 65 Callowbrook Lane Bromsgrove Rubery, Rednal, Birmingham Worcestershire West Midlands B60 3BW B45 9HP
Semi Detached House Driveway Terraced House Gardens 3 Bedrooms 0.3 Acres of Garden 4 Bedrooms No Upward Chain 2 Reception Rooms EPC: F 2 Reception Rooms Tenure: Freehold 1 Bathroom Tenure: Freehold 2 Bathrooms
Bromsgrove: 01527 579977 Rubery: 01214533041
LOT 35 LOT 38
Starting Bid: £90,000 SOLD PRIOR Starting Bid: £135,000 SOLD PRIOR 163 Horrell Road 31 Northfield Road Sheldon, Birmingham Harborne, Birmingham West Midlands West Midlands B26 2PU B17 0ST
Semi Detached House Rear Garden Terraced House Rear Garden 3 Bedrooms Garage 2 Bedrooms Double Glazing 1 Reception Room EPC: G 2 Reception Rooms EPC: D 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold
Yardley: 0121 742 0404 Harborne: 0121 426 2740
LOT 36 LOT 39
Starting Bid: £58,000 SOLD PRIOR Starting Bid: £105,000 SOLD PRIOR 41 Lazy Hill 19 Hereford Close Birmingham Rubery, Rednal, Birmingham West Midlands West Midlands B38 9NY B45 0BQ
Flat Garden Area Terraced House Garage 2 Bedrooms Double Glazing 2 Bedrooms Off Street Parking 1 Reception Room EPC: D 1 Reception Room EPC: C 1 Bathroom Tenure: Leasehold 1 Bathroom Tenure: Freehold
Stirchley: 01214511331 Rubery: 01214533041
12 13
26 27 LOT 40 LOT 43
Starting Bid: £165,000 Starting Bid: £75,000 SOLD PRIOR 380 Lickey Road 56 Hillcrest Road Rednal, Birmingham Birmingham West Midlands West Midlands B45 8RZ B43 6LU
Semi Detached House Rear Garden Flat Garage 3 Bedrooms EPC: E 2 Bedrooms EPC: F 2 Reception Rooms Tenure: Freehold 1 Reception Room Tenure: Leasehold 1 Bathroom 1 Bathroom
Rubery: 01214533041 Great Barr: 0121 358 6222
LOT 41 LOT 44
Starting Bid: £115,000 Starting Bid: £150,000 77 Wolverton Road 103 Yateley Avenue Rednal, Birmingham Birmingham West Midlands West Midlands B45 8RL B42 1JJ
Semi Detached House Gas Central Heating Semi Detached House Garden 2 Bedrooms Double Glazing 3 Bedrooms Driveway 1 Reception Room Tenure: Freehold 2 Reception Rooms Tenure: Freehold 1 Bathroom 1 Bathroom
Rubery: 01214532106 Great Barr: 0121 358 6222
LOT 42 LOT 45
Starting Bid: £110,000 Starting Bid: £120,000 SOLD PRIOR 7 Moors Lane 104 Wootton Street Feckenham, Redditch Bedworth Worcestershire Warwickshire B96 6JH CV12 9DZ
Terraced House Front Garden Semi Detached House Garden 3 Bedrooms Tenure: TBC 3 Bedrooms Development Opp 2 Reception Rooms 1 Reception Room Tenure: Freehold 1 Bathroom 1 Bathroom
Redditch: 01527 61222 Bedworth: 02476 490 011
14 15
28 29 LOT 46 LOT 49
Starting Bid: £115,000 SOLD PRIOR Starting Bid: £70,000 6 Bewick Croft 43 Bloomfield Street North Coventry Halesowen West Midlands West Midlands CV2 4QR B63 3RE
Flat Investment Opp End Terraced House Rear Garden 2 Bedrooms Juliet Balcony 2 Bedrooms Popular Location 1 Reception Room EPC: C 1 Reception Room EPC: F 2 Bathrooms Tenure: Leasehold 1 Bathroom Tenure: Freehold
Coventry: 02476 552 255 Halesowen: 0121 550 5400
LOT 47 LOT 50
Starting Bid: £230,000 SOLD PRIOR Starting Bid: £160,000 SOLD PRIOR 164 Lode Lane 332 Stourbridge Road Solihull Halesowen West Midlands West Midlands B91 2HP B63 3QR
Semi Detached House Garden Semi Detached House Rear Garden 3 Bedrooms No Chain 3 Bedrooms Off Road Parking 1 Reception Room EPC: D 2 Reception Rooms EPC: D 1 Bathroom Tenure: TBC 1 Bathroom Tenure: Freehold
Solihull: 0121 709 0111 Halesowen: 0121 550 5400
LOT 48 LOT 51
Starting Bid: £220,000 Starting Bid: £90,000 15 Alderwood Place Merrivale, Brades Road Princes Way, Solihull Oldbury West Midlands West Midlands B91 3HX B69 2EP
Apartment Local Amenities Semi Detached House No Chain 2 Bedrooms Parking 3 Bedrooms Garden 1 Reception Room Tenure: Leasehold 1 Reception Room EPC: D 2 Bathrooms 1 Bathroom Tenure: Freehold
Solihull: 0121 703 1850 Stourbridge: 01384 379450
16 17
30 31 LOT 52 LOT 55
Starting Bid: £67,500 Starting Bid: £125,000 SOLD PRIOR 28 Apperley Way 8 Moat Road Halesowen Oldbury West Midlands West Midlands B63 2PN B68 8EB
Apartment No Upward Chain Semi Detached House Rear Garden 2 Bedrooms Communal Gardens 3 Bedrooms No Chain 1 Reception Room EPC: C 2 Reception Rooms Tenure: Freehold 1 Bathroom Tenure: Leasehold 2 Bathrooms
Stourbridge: 01384 379450 Dudley: 07981128832 - Tony Morris
LOT 53 LOT 56
Starting Bid: £110,000 Starting Bid: £90,000 SOLD PRIOR 9 Dalvine Road 40 Hayes Lane Dudley Stourbridge West Midlands West Midlands DY2 0EG DY9 8RD
Semi Detached House Rear Garden Terraced House Rear Garden 3 Bedrooms Off Road Parking 3 Bedrooms Driveway 2 Reception Rooms Tenure: TBC 2 Reception Rooms Tenure: TBC 1 Bathroom 1 Bathroom
Stourbridge: 01384 379450 Dudley: 01384 455 000
LOT 54 LOT 57
Starting Bid: £80,000 SOLD PRIOR Starting Bid: £30,000 38 Dick Sheppard Avenue Flat 7 168 Birmingham Road Tipton West Bromwich West Midlands West Midlands DY4 0XR B70 6QG
Semi-detached Garden Flat Private Gardens 3 Bedrooms EPC: D 1 Bedroom Parking 1 Reception Room Tenure: Freehold 1 Reception Room EPC: E 1 Bathroom 1 Bathroom Tenure: Leasehold
Dudley: 07981128832 - Tony Morris West Bromwich: 01215885666
18 19
32 33 LOT 58 LOT 61
Starting Bid: £45,000 Starting Bid: £85,000 SOLD PRIOR Land At 25 Claremont Road 58 Wood Lane Sedgley, Dudley Wolverhampton West Midlands West Midlands DY3 1HN WV10 8HQ
A residential development site in a highly desirable location Semi Detached House Garden close to Sedgley Town centre and a range of amenities 2 Bedrooms Off Road Parking offered for sale with full planning permission for a detached property. Planning permission is granted for the erection of 1 Reception Room EPC: D 1 no. dwelling being a two bedroom detached property. 1 Bathroom Tenure: Freehold
Sedgley: 01902 686 868 Wolverhampton: 01902788188
LOT 59 LOT 62
Starting Bid: £115,000 Starting Bid: £80,000 SOLD PRIOR 14 Batmanshill Road 10 Three Tuns Lane Tipton Wolverhampton West Midlands West Midlands DY4 9LB WV10 6BD
End Terraced House Garden Semi Detached House Garden 3 Bedrooms No Chain 2 Bedrooms Tenure: Freehold 2 Reception Rooms Tenure: Freehold 2 Reception Rooms 1 Bathroom 1 Bathroom
Great Bridge: 0121 520 2255 Wolverhampton: 01902788188
LOT 60 LOT 63
Starting Bid: £112,500 Starting Bid: £50,000 SOLD PRIOR 46 Bourne Avenue 106 Sherborne Road Tipton Wolverhampton West Midlands West Midlands DY4 0LW WV10 9ET
Semi Detached House No Chain Semi Detached House Tenure: Freehold 3 Bedrooms Garage 2 Bedrooms 1 Reception Room EPC: E 2 Reception Rooms 1 Bathroom Tenure: Freehold 1 Bathroom
Great Bridge: 0121 520 2255 Wolverhampton: 01902788188
20 21
34 35 LOT 64 LOT 67
Starting Bid: £100,000 SOLD PRIOR Starting Bid: £120,000£110,000 87 Summerhill Road Red Roof, Alexandra Place Coseley, Bilston Bilston West Midlands West Midlands WV14 8RE WV14 6NB
Semi Detached House No Chain Detached House No Chain 3 Bedrooms Garden 4 Bedrooms Local Amenities 2 Reception Rooms Tenure: Freehold 2 Reception Rooms Tenure: Freehold 1 Bathroom 1 Bathroom
Sedgley: 01902 686 868 Bilston: 01902 353 578
LOT 65 LOT 68
Starting Bid: £100,000 SOLD PRIOR Starting Bid: £85,000 47 Bunkers Hill Lane 100 Green Lanes Bilston Bilston West Midlands West Midlands WV14 6JP WV14 6DA
Semi Detached House Garden Semi-detached Garden 4 Bedrooms uPVC Double Glazing 2 Bedrooms EPC: E 1 Reception Room EPC: D 1 Reception Room Tenure: TBC 2 Bathrooms Tenure: Freehold 1 Bathroom
Bilston: 01902 353 578 Bilston: 01902 353 578
LOT 66 LOT 69
Starting Bid: £60,000 Starting Bid: £58,000 19 Vale Street 74 Ashley Street Ettingshall, Wolverhampton Bilston West Midlands West Midlands WV2 2EH WV14 7NN
Terraced House Potential Investment Terraced House No Chain 2 Bedrooms No Chain 2 Bedrooms Local Amenities 2 Reception Rooms EPC: E 2 Reception Rooms EPC: E 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: TBC
Bilston: 01902 353 578 Bilston: 01902 353 578
22 23
36 37 LOT 70 LOT 73
Starting Bid: £95,000 Starting Bid: £110,000 SOLD PRIOR 6 Abbey Square 37 Houghton Street Walsall Stoke-on-trent West Midlands Staffordshire WS3 2RJ ST1 3BJ
Three bed mid terraced house with no onward chain. Detached House Off Road Parking 3 Bedrooms EPC: D 1 Reception Room Tenure: Freehold 1 Bathroom
Bloxwich: 01922 478104 Tunstall: 01782 819 253
LOT 71 LOT 74
Starting Bid: £90,000 Starting Bid: £90,000 SOLD PRIOR 26 Arrow Road 5 Fairway Road Walsall Stoke-on-trent West Midlands Staffordshire WS3 1BG ST6 7JJ
Semi Detached House Gardens Semi Detached House Huge Potential 3 Bedrooms Off Road Parking 3 Bedrooms Garden 1 Reception Room EPC: D 1 Reception Room Tenure: Freehold 1 Bathroom Tenure: Freehold 1 Bathroom
Bloxwich: 01922 478104 Tunstall: 01782 819 253
LOT 72 LOT 75
Starting Bid: £27,000 SOLD PRIOR Starting Bid: £55,000 SOLD PRIOR 205 Newcastle Street 73 Hollings Street Stoke-on-trent Stoke-on-trent Staffordshire Staffordshire ST6 3QW ST4 3HW
Terraced House No Chain • Details coming soon 3 Bedrooms Rear Yard 1 Reception Room EPC: E 2 Bathrooms Tenure: Freehold
Tunstall: 01782 819 253 Longton: 01782 316 611
24 25
38 39 LOT 76 LOT 79
Starting Bid: £100,000 SOLD PRIOR Starting Bid: £95,000 65-67 Washerwall Lane 9 Beech Close Werrington, Stoke-on-trent Tamworth Staffordshire Staffordshire ST9 0LR B79 8QH
Other Front & Rear Garden Terraced House No Chain 3 Bedrooms Single Garage 3 Bedrooms Gardens 2 Reception Rooms EPC: E 1 Reception Room Tenure: Freehold 1 Bathroom Tenure: Freehold 1 Bathroom
Stoke: 01782 413580 Tamworth: 01827 66277
LOT 77 LOT 80
Starting Bid: £30,000 Starting Bid: £100,000 32 Lonsdale Street 74 Long Street Stoke-on-trent Dordon, Tamworth Staffordshire Staffordshire ST4 4DP B78 1SL
Flat Yard Terraced House Garden 1 Bedroom Double Glazed 3 Bedrooms Central Heating 1 Reception Room EPC: C 2 Reception Rooms Tenure: Freehold 1 Bathroom Tenure: Freehold 1 Bathroom
Stoke: 01782 413580 Tamworth: 01827 50700
LOT 78 LOT 81
Starting Bid: £80,000 Starting Bid: £85,000 182 Hednesford Road 143 Well Lane Heath Hayes, Cannock Walsall Staffordshire West Midlands WS12 3DZ WS3 1JT
End Terraced House No Chain Semi Detached House No Chain 2 Bedrooms Gardens 3 Bedrooms Driveway to Rear 2 Reception Rooms Tenure: Freehold 2 Reception Rooms EPC: E 1 Bathroom 1 Bathroom Tenure: Freehold
Lichfield: 01543 419000 Bloxwich: 01922663399
26 27
40 41 LOT 82 LOT 85
Starting Bid: £80,000 Starting Bid: £40,000 SOLD PRIOR 45 Abbotts Street 24 Bader Road Walsall Perton, Wolverhampton West Midlands West Midlands WS3 3AY WV6 7UY
End Terraced House No Chain Flat No Chain 3 Bedrooms Large Garden 1 Bedroom Double Glazing 1 Reception Room EPC: D 1 Reception Room Tenure: Leasehold 1 Bathroom Tenure: Freehold 1 Bathroom
Bloxwich: 01922663399 Perton: 01902 744 111
LOT 83 LOT 86
Starting Bid: £110,000 SOLD PRIOR Starting Bid: £45,000 SOLD PRIOR 59 Harrowby Place 70 High Street Willenhall Wednesfield, Wolverhampton West Midlands West Midlands WV13 2RA WV11 1SZ
Semi Detached House Driveway & Garage Flat Double Glazing 3 Bedrooms Rear Garden 3 Bedrooms No Chain 2 Reception Rooms Tenure: Freehold 1 Reception Room EPC: G 1 Bathroom 1 Bathroom Tenure: Leasehold
Wednesfield: 01902 305 665 Wednesfield: 01902 305 665
LOT 84 LOT 87
Starting Bid: £27,000 SOLD PRIOR Starting Bid: £180,000 SOLD PRIOR 31 St. Cecilias 19 Heath Drive Okement Drive, Worcester Wolverhampton Worcestershire West Midlands WR5 3TD WV11 1XD
Semi Detached House Garden Flat No Chain 3 Bedrooms Off Road Parking 1 Bedroom Allocated Parking 1 Reception Room EPC: D 1 Reception Room EPC: C 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Leasehold
Wednesfield: 01902 305 665 worcester: 01905 234566
28 29
42 43 LOT 88 LOT 91
Starting Bid: £220,000 SOLD PRIOR Starting Bid: £205,000 24 Waterloo Road The Steppes New Road Bidford-on-Avon, Alcester Caunsall, Kidderminster Warwickshire Worcestershire B50 4JH DY11 5YN
Semi Detached House Garden Detached House Enclosed Rear Garden 2 Bedrooms No Chain 4 Bedrooms Driveway 3 Reception Rooms Tenure: TBC 2 Reception Rooms EPC: D 1 Bathroom 4 Bathrooms Tenure: Freehold
Stratford-Upon-Avon: 01789 415 444 Kidderminster: 01562-822244
LOT 89 LOT 92
Starting Bid: £340,000 SOLD PRIOR Starting Bid: £215,000 SOLD PRIOR Orchard House Luddington 56 Sebright Road Road Wolverley, Kidderminster Stratford-upon-avon Worcestershire Warwickshire DY11 5UA CV37 9SE
Semi-detached Garden Detached House Garden 4 Bedrooms Driveway 4 Bedrooms Driveway 1 Reception Room EPC: D 1 Reception Room EPC: C 1 Bathroom Tenure: Freehold 2 Bathrooms Tenure: Freehold
Stratford-Upon-Avon: 01789 415 444 Kidderminster: 01562-822244
LOT 90 LOT 93
Starting Bid: £90,000 SOLD PRIOR Starting Bid: £170,000 The Haybarn, Brinsop 2 Fieldbrook Cottages Hereford Pensax, Abberley, Worcester Herefordshire Worcestershire HR4 7AT WR6 6AE
Other Tenure: Freehold Semi Detached House Garden 3 Bedrooms 2 Bedrooms Driveway 3 Reception Rooms 2 Reception Rooms Tenure: TBC 3 Bathrooms 1 Bathroom
Hereford: 01432 344779 Allan Morris - Wyre Forest Prope: 01562
30 747755 31
44 45 LOT 94
Starting Bid: £80,000 SIGN UP to The West Midlands Property Auction 213 Goodman Street Burton-on-trent If you would like to sign up to our catalogue subscription service, Staffordshire DE14 2RG please email [email protected].
• Details coming soon
You’ll receive email updates including auction date reminders, digital copies of our brochures, property promotions and links to useful resources if you’re interested in buying.
Burton on Trent: 01283 545 444
LOT 95 Terms & Conditions 5. If the Bidder wishes to withdraw or alter his instructions or to attend the Auction to bid it is their responsibility to Starting Bid: £110,000 Telephone or Proxy Bidding notify the Auctioneers in writing before the Auction. 1. A prospective buyer wishing to make a telephone or 21 Warwick Close proxy bid (a “Bidder”) must complete, sign and date the 6. The Auctioneers shall not be liable for any failure to bid Midway, Swadlincote Derbyshire form within this catalogue. due to inadequate or unclear instructions being received DE11 7LH or for any other reason. The Auctioneers have absolute Separate forms must be completed for each lot on which discretion as to whether or not and in what manner to bid.
Semi Detached House No Chain a bid is to be placed. 2 Bedrooms Driveway 7. The Bidder is deemed to have full knowledge 1 Reception Room EPC: C 2. The form must be delivered to The Auction of the General and Special Conditions of Sale and the 1 Bathroom Tenure: Freehold Department, 6th Floor Arden House, Regent Centre, Notice to All Prospective Buyers herein. The Bidder is Gosforth, Newcastle upon Tyne, NE3 3LU also deemed to have full knowledge of any addendum Swadlincote: 01283 219 892 produced by the Auctioneers at or prior to the Auction. 3. In the case of a telephone bid a member of the The Bidder is therefore advised to check whether any Auctioneers’ staff will attempt to contact the Bidder by relevant addendum has or will be produced but the LOT 96 telephone before the lot in question is offered for sale. If Auctioneers will not be liable to the Bidder if he fails to so contact is made the Bidder may compete in the bidding check. Starting Bid: £90,000 through the Auctioneers’ staff. However if telephone contact cannot be made or the connection is lost the 683 Cannock Road Wolverhampton Bidder hereby authorises the Auctioneers and their staff West Midlands to bid on their behalf up to their maximum authorised bid WV10 8PN for the lot in question.
Remember! If you’re not planning to attend Semi Detached House Garden 4. If the Bidder is successful the Bidder the auction, but would like to bid by proxy or 3 Bedrooms Driveway hereby authorises the Auctioneers to sign the phone, you must fill and return the form in 2 Reception Rooms EPC: D Memorandum of Agreement on their behalf. this catalogue or contact the West Midland 1 Bathroom Tenure: Freehold Property Auction team to pre-register on: 0121 366 0539 [email protected] Wolverhampton: 01902 771 511
32
46 47 MODERN METHOD OF AUCTION TERMS & CONDITIONS (V3.3) Auction Reservation Fee The auction advertised as online or in the catalogue (as applicable).
Auction conduct conditions These conditions govern the conduct of “conditional” or “modern method” auctions operated by IAM Sold Limited (Company or The conditions so headed, including any extra auction conduct conditions. Auctioneer or us/we/our). All properties sold by auction using the Company website or by a physical auction which are expressed to be either a “conditional” or “modern method” auction are governed by these conditions. Auctioneers The auctioneers of the auction. A non-refundable reservation fee of 4.2% including VAT, subject to a minimum of £6,000 including VAT must be paid by the buyer immediately following the conclusion of the auction or acceptance of an offer. This must be paid by cleared Buyer Information Pack The pack of documents relating to a property which is advertised online for conditional auction. funds to the Auctioneer who will issue an Acknowledgement of Reservation. Business day Introduction Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and Wales; or (c) Good Friday or Christmas Day. These conditions have three main sections. Buyer 1. Glossary The person who agrees to buy the property or, if applicable, that person’s personal representatives. If two or more are jointly the This gives special meanings to some words used in the rest of the conditions. buyer their obligations can be enforced against them jointly or against each of them separately.
Catalogue 2. The conduct of the auction Any catalogue to which the conditions refer including any supplement to it. This section regulates the conduct of the auction. If you bid for a property which is offered for sale by conditional auction you do so on the basis that you accept them. Condition One of the auction conduct conditions or sales conditions. 3. Conditions of reservation If you win a conditional auction for a property you must sign a reservation form under which you agree to be bound by the Conditional auction conditions of reservation relevant to that property. The conditions are legally binding. A conditional or “modern method” of auction as described in these conditions.
Contract Important notice The contract by which the seller agrees to sell, and the Buyer agrees to buy the property. A prudent buyer will, before bidding for a property: • Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant. Online • Read the conditions. On our website or, where applicable, one of our accredited partner’s websites. • Inspect the Buyer Information Pack for the relevant property. • Have finance available for the deposit and purchase price. Property Each separate property described in the catalogue or as the case may be online. In addition, before buying a property a prudent buyer will: • Carry out usual searches and make usual enquiries. Price The price that the buyer agrees to pay for the property. • Consider with the chosen mortgage provider that the property would be deemed suitable for mortgage lending purposes. • Check the content of all available leases and other documents relating to the property. Reservation Deposit • Check that what is said about the property in the Buyer Information Pack is accurate. A non-refundable deposit paid by the buyer to us to reserve a property. This deposit is used by the seller to pay our fees for • Check whether VAT registration and election is advisable. conducting the conditional auction.
The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a property without taking Reservation Fee these normal precautions you do so at your own risk. A non-refundable fee paid by the buyer to us to reserve a property. This is in payment of our fees for conducting the conditional auction. Glossary Reservation Form This glossary applies to the auction conduct conditions and the sale conditions. Wherever it makes sense: The form of contract which is to be signed by a buyer and by us (on behalf of the seller) reserving the property for sale by the seller • singular words can be read as plurals, and plurals as singular words; to the buyer as further described in the conditions of reservation. • a ‘person’ includes a corporate body; Seller • words of one gender include the other genders; The person selling the property. If two or more are jointly the seller their obligations can be enforced against them jointly or against • references to legislation are to that legislation as it may have been modified or re-enacted by the date of the auction or the each of them separately. contract date (as applicable); and • where the following words printed in bold type appear they have the specified meanings. We (and us and our) The auctioneers. Approved financial institution Any bank or building society that has signed up to the Banking Code or Business Banking Code or is otherwise acceptable to us. You (and your) Someone who bids on an auction, whether or not a buyer.
48 49 A1 Auction Conduct Conditions (c) pay the reservation fee or reservation deposit (as required by the reservation form). A5.4 If you do not we may either: A1 Introduction (a) as agent for the seller treat that failure as your repudiation of the reservation form and offer the property for sale again. The seller may A1.1 Words in bold type have specified meanings, which are defined in the Glossary. then have a claim against you for breach of contract; or A1.2 Where a property is advertised for auction: (b) sign the reservation form on your behalf. (a) online, you have been given access to that auction only on the basis that you accept these auction conduct conditions; A5.5 Where a reservation deposit is paid, that reservation deposit: (b) in a catalogue, you are only issued that catalogue on the basis that you accept these auction conduct conditions, which govern our (a) is to be held by us as agent for the seller, but otherwise is to be held as stated in the reservation conditions; and relationship with you and cannot be disapplied or varied by the sale conditions (even by a condition purporting to replace the whole of the (b) must be paid in pounds sterling either by credit/debit card or by way of a bank transfer made payable to us from an approved financial Conditional Auction Conditions). They can be varied only if we agree. institution. Please note, we are not able to accept payments made in cash or accept Bank Transfers where the deposit for the transfer was paid in cash. A2 Our role A5.6 We may retain the reservation form signed by or on behalf of the seller until the reservation deposit or reservation fee (as applicable) A2.1 As agents for each seller we have authority to: has been received in cleared funds. (a) prepare the catalogue (as applicable) from information supplied by or on behalf of each seller; A5.7 If you do not comply with your obligations under the reservation form then you are personally liable to comply with the obligations under (b) offer each property for sale by conditional auction; Page 1 of 3 V3.3 the reservation form even if you are acting as an agent for the buyer. (c) receive and hold reservation deposits (if applicable); A5.8 Where the buyer is a company, you warrant that the buyer is properly constituted and able to buy the property. (d) receive reservation fees (if applicable); (e) sign each reservation form on behalf of each seller; and Reservation Conditions (f) treat a reservation form as repudiated if the buyer fails to sign that reservation form or pay a reservation fee or reservation deposit (as applicable). R1 Introduction A2.2. Our decision on the conduct of the conditional auction is final. R1.1 Words in bold type have specified meanings, which are defined in the Glossary. A2.3 We may cancel the conditional auction, or change the way in which a property is offered for sale. We may also combine or divide R1.2 Where you win a conditional auction for a property you must sign a reservation form, which is a legally binding contract between the properties. A property may be sold or withdrawn from sale prior to the conditional auction. buyer and seller reserving the property for purchase by the buyer within 2 hours of the winning bid being accepted and the auction ending. A2.4 You acknowledge that to the extent permitted by law we owe you no duty of care and you have no claim against us for any loss. R.1.3 These reservation conditions summarise the terms of the reservation form.
A3 Bidding and reserve prices R2 Payment of reservation fee A3.1 All bids are to be made in pounds sterling exclusive of any applicable VAT. R2.1 This condition applies where a reservation fee must be paid by you on winning a conditional auction for a property. Payment is to be A3.2 We may refuse to accept a bid. We do not have to explain why. made within 2 hours of the winning bid being accepted and the auction ending. A3.3 All bids made online must comply with the terms and conditions which apply to use of our website or to the use of our partner’s R2.2 Conditional upon payment of the reservation fee and you signing the reservation form, the property shall be reserved to the buyer for websites (as applicable). the reservation period stated in that reservation form, this is the period in which time the buyer is to exchange contracts to purchase the A3.4 if there is a dispute over bidding we are entitled to resolve it, and our decision is final. property. A3.5 Unless stated otherwise each property is subject to a reserve price (which may be fixed just before the property is offered for sale). If no bid equals or exceeds that reserve price the property will be withdrawn from the conditional auction. R3 Payment of reservation deposit A3.6 Where there is a reserve price the seller may bid (or ask us or another agent to bid on the seller’s behalf) up to the reserve price R3.1 This condition applies where a reservation deposit must be paid by you on winning a conditional auction for a property. Payment is to be but may not make a bid equal to or exceeding the reserve price. You accept that it is possible that all bids up to the reserve price are bids made within 2 hours of the winning bid being accepted and the auction ending. made by or on behalf of the seller. R3.2 The reservation deposit is to be held by us and, following formal exchange of contracts for the sale and purchase of the property, A3.7 Where a guide price (or range of prices) is given that guide is the minimum price at which, or range of prices within which, the seller transferred to the seller’s solicitors as part payment of the purchase price under the contract for the purchase of the property. might be prepared to sell at the date of the guide price. But guide prices may change. The last published guide price will normally be at or above any reserve price, but not always – as the seller may fix the final reserve price just before bidding commences. R4 Seller’s obligations R4.1 On the reservation form being signed and either reservation fee or reservation deposit being paid, the seller will grant to the buyer a A4 The Buyer Information Pack and other information period of exclusivity. A4.1 We have taken reasonable care to describe each property (either online or in a catalogue). The description of a property is based on R4.2 During the exclusivity period the seller agrees: information supplied by or on behalf of the seller. You need to check that the information is correct. (a) he or she has instructed us not to agree another reservation of the property; A4.2 The description of a property and the Buyer Information Pack may change prior to the conditional auction and it is your responsibility (b) not to encumber or deal with the title to the property; to check that you have the correct versions. (c) not to send, instruct or allow anyone else to send any contract for sale of the property to anyone other than the buyer’s solicitors; A4.3 If we provide information, or a copy of a document, provided by others we do so only on the basis that we are not responsible for the (d) to give such access to the property as may be reasonably required by any surveyor or valuer appointed by the buyer; accuracy of that information or document. (e) not to give access to any other person to view the property nor negotiate with anyone other than the buyer any terms for the sale of the property; A5 the reservation agreement (f) to use all reasonable endeavours to proceed to a formal exchange of contracts within the exclusivity period; A5.1 A successful bid is one we accept as such (normally on the fall of the hammer or close of an auction online). This condition A5 applies (g) to supply all documentation, information and authority to enable the seller’s solicitors to draft and negotiate the sale and purchase contract to you if you make the successful bid for a property. and do all work necessary to enable contracts for sale of the Property to be exchangedand completed within the exclusivity period; A5.2 You are required to enter into a reservation agreement which obliges you to proceed to purchase the property at the price you bid (h) to immediately instruct the seller’s solicitors to issue a contract for the sale of the property to the buyer’s solicitors and to do all other work plus VAT (if applicable). required to enable contracts for the sale of the property to be exchanged within the exclusivity period. A5.3 You must: R4.3 The seller may (but shall not be obliged to) grant an extension of the exclusivity period stated in the reservation form. Any such (a) provide all information we reasonably need from you to enable us to complete the reservation form (including proof of your identity and extension shall be confirmed in writing. address if required by us); (b) sign the completed reservation form; and
50 51 R5 Buyer’s obligations Traditional Auction Terms and Conditions (V3.1)
R5.1 The buyer agrees: (a) to proceed to a formal exchange of contracts and completion within the exclusivity period; Reservation Fee (b) to immediately instruct the Buyer’s solicitors to investigate title to the Property, negotiate the draft contract for the purchase of the Property, raise enquiries of the Seller and any third parties about the Property and do any other work required to enable contracts for the General Note: The general conditions (including any extra general conditions) apply to the contract except to the extent purchase of the Property to be exchanged and for completion to take place, within the exclusivity period; that they are varied by special conditions or by an addendum. It is hereby agreed between the parties as follows: The (c) to promptly: buyer shall pay in addition to the balance of the purchase price and Reservation Fee / Deposit, the cost of the Searches (i) if the buyer intends to use a loan in connection with the purchase of the property, the buyer shall apply to the relevant lender and complete all necessary documentation and do all such things as such lender may require to process the buyer’s application as soon as possible of £200 to include a local authority, water and drainage search. The buyer agrees to make payment for the Searches including the payment of any application fees; with the Reservation Fee / Deposit at the point of agreeing the purchase of the subject property. (ii) if the buyer or the buyer’s mortgagee or lender requires that the property is surveyed and/or valued, the buyer will use all reasonable endeavours to arrange for the survey and/or valuation to take place at G1. The lot the property as soon as reasonably practicable including the payment of any valuation fee; These conditions have three main sections. (iii) keep the auctioneer and the seller’s solicitors advised of progress with the application for the loan; (d) Within 5 working days of receiving draft contracts from the seller’s solicitor, the buyer must ensure that their nominated solicitor has raised G1.1 The lot (including any rights to be granted or reserved, and any exclusions from it) is described in the special initial enquiries in relation to the draft contract, in writing with the seller’s solicitor. If this has not been undertaken, the seller reserves the conditions, or if not so described the lot is that referred to in the sale memorandum. absolute right to re-offer the property for sale free of any obligation to the buyer. In this event the Reservation Fee is deemed non-refundable. G1.2 The lot is sold subject to any tenancies disclosed by the special conditions, but otherwise with vacant possession (e) the date of completion shall be specified in the contract exchanged for the purchase of the Property, but such date shall be no later than on completion. 56 days from the date the draft contract was received by the Buyer’s solicitor; (f) the buyer shall pay to the auctioneer the cost of the preparation of the Buyer Information Pack relating to the property; G1.3 The lot is sold subject to all matters contained or referred to in the documents, but excluding any financial (g) buyer has received the Buyer Information Pack (if applicable) and is ready willing and able to proceed with the purchase of the property; charges: these the seller must discharge on or before completion. (h) the buyer agrees that if contracts for the purchase of the property have not been legally and unconditionally exchanged within the G1.4 The lot is also sold subject to such of the following as may affect it, whether they arise before or after the exclusivity period the seller has the absolute right to re-offer the property for sale free of any obligation to the buyer. contract date and whether or not they are disclosed by the seller or are apparent from inspection of the lot or from the documents: R6 Termination of reservation (a) matters registered or capable of registration as local and charges; R6.1 The reservation form shall not be capable of termination by the seller or buyer during the exclusivity period except as specified below. (b) matters registered or capable of registration by any competent authority or under the provisions of any statute; R6.2 On the expiry of the exclusivity period specified in the reservation form (or the expiry of any extension granted by the Seller in writing) if (c) notices, orders, demands, proposals and requirements of any competent authority; the Buyer has not completed the purchase of the Property, the reservation of the Property shall terminate at the discretion of the auctioneer. (d) charges, notices, orders, restrictions, agreements and other matters relating to town and country planning, R6.3 The seller may terminate the reservation of the property with written notice to the buyer if the buyer is in breach of the buyer’s highways or public health; obligations set out above. (e) rights, easements, quasi-easements, and way leaves;
R7 Binding obligations (f) outgoings and other liabilities; R7.1 These conditions of reservation must be read in conjunction with the reservation form applicable to a particular property. Where there (g) any interest which overrides, within the meaning of the Land Registration Act 2002; is any conflict or inconsistency between these conditions and the provisions of an individual reservation form, the relevant provisions of the (h) matters that ought to be disclosed by the searches and enquiries a prudent buyer would make, whether or not the reservation form shall apply. buyer has made them; and R7.2 As these conditions and the reservation form comprises legally binding obligations on you, it is recommended you seek independent (i) anything the seller does not and could not reasonably know about. legal advice on these conditions and the reservation form before making any bid on a property. G1.5 Where anything subject to which the lot is sold would expose the seller to liability the buyer is to comply with it and indemnify the seller against that liability. R8 Auctioneer G1.6 The seller must notify the buyer of any notices, orders, demands, proposals and requirements of any competent R8.1 You acknowledge and agree that we act as an agent of the seller and not in our own capacity. authority of which it learns after the contract date but the buyer must comply with them and keep the seller indemnified. R8.2 Save in the event of fraud or death or personal injury resulting from our negligence, neither the us nor any of our group companies, affiliates, third party service providers, licensors, officers, directors or employees shall have any liability of any nature howsoever arising in G1.7 The lot does not include any tenant’s or trade fixtures or fittings. relation to these conditions or to any property. G1.8 Where chattels are included in the lot the buyer takes them as they are at completion and the seller is not liable if they are not fit for use. G1.9 The buyer buys with full knowledge of: (a) the documents, whether or not the buyer has read them; and (b) the physical condition of the lot and what could reasonably be discovered on inspection of it, whether or not the buyer has inspected it. G1.10 The buyer is not to rely on the information contained in the particulars but may rely on the seller’s conveyancer’s written replies to preliminary enquiries to the extent stated in those replies.
G2. Deposit G2.1 The amount of the deposit is the greater of: (a) any minimum deposit stated in the auction conduct conditions (or the total price, if this is less than that minimum); and
52 53 (b) 10% of the price (exclusive of any VAT on the price). (c) If the lot is not registered land the seller is to give to the buyer within five business days an abstract or epitome of G2.2 The deposit title starting from the root of title mentioned in the special conditions (or, if none is mentioned, a good root of title more (a) must be paid in pounds sterling by cheque or banker’s draft drawn on an approved financial institution (or by any than fifteen years old) and must produce to the buyer the original or an examined copy of every relevant document. other means of payment that the auctioneers may accept); and (d) If title is in the course of registration, title is to consist of certified copies of: (b) is to be held as stakeholder unless the auction conduct conditions provide that it is to be held as agent for the seller. (i) the application for registration of title made to the land registry; G2.3 Where the auctioneers hold the deposit as stakeholder they are authorised to release it (and interest on it if (ii) the documents accompanying that application; applicable) to the seller on completion or, if completion does not take place, to the person entitled to it under the sale (iii) evidence that all applicable stamp duty land tax relating to that application has been paid; and conditions. (iv) a letter under which the seller or its conveyancer agrees to use all reasonable endeavors to answer any requisitions G2.4 If a cheque for all or part of the deposit is not cleared on first presentation the seller may treat the contract as at raised by the land registry and to instruct the land registry to send the completed registration documents to the buyer. an end and bring a claim against the buyer for breach of contract. (e) The buyer has no right to object to or make requisitions on any title information more than seven business days after G2.5 Interest earned on the deposit belongs to the seller unless the sale conditions provide otherwise. that information has been given to the buyer. G4.3 Unless otherwise stated in the special conditions the seller sells with full title guarantee except that (and the G3. Between contract and completion transfer shall so provide): (a) the covenant set out in section 3 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to G3.1 Unless the special conditions state otherwise, the seller is to insure the lot from and including matters recorded in registers open to public inspection; these are to be treated as within the actual knowledge of the the contract date to completion and: buyer; and (a) produce to the buyer on request all relevant insurance details; (b) the covenant set out in section 4 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to any (b) pay the premiums when due; condition or tenant’s obligation relating to the state or condition of the lot where the lot is leasehold property. (c) if the buyer so requests, and pays any additional premium, use reasonable endeavors to increase the sum insured G4.4 The transfer is to have effect as if expressly subject to all matters subject to which the lot is sold under the or make other changes to the policy; contract. (d) at the request of the buyer use reasonable endeavors to have the buyer’s interest noted on the policy if it does not G4.5 The seller does not have to produce, nor may the buyer object to or make a requisition in relation to, any prior or cover a contracting purchaser; superior title even if it is referred to in the documents. (e) unless otherwise agreed, cancel the insurance at completion, apply for a refund of premium and (subject to the G4.6 The seller (and, if relevant, the buyer) must produce to each other such confirmation of, or evidence of, their rights of any tenant or other third party) pay that refund to the buyer; and identity and that of their mortgagees and attorneys (if any) as is necessary for the other to be able to comply with (f) (subject to the rights of any tenant or other third party) hold on trust for the buyer any insurance payments that the applicable Land Registry Rules when making application for registration of the transaction to which the conditions seller receives in respect of loss or damage arising after the contract date or assign to the buyer the benefit of any apply. claim; and the buyer must on completion reimburse to the seller the cost of that insurance (to the extent not already paid by the buyer or a tenant or other third party) for the period from and including the contract date to completion. G5. Transfer G3.2 No damage to or destruction of the lot nor any deterioration in its condition, however caused, entitles the buyer to any reduction in price, or to delay completion, or to refuse to complete. G5.1 Unless a form of transfer is prescribed by the special conditions: G3.3 Section 47 of the Law of Property Act 1925 does not apply. (a) the buyer must supply a draft transfer to the seller at least ten business days before the agreed completion date G3.4 Unless the buyer is already lawfully in occupation of the lot the buyer has no right to enter into occupation prior to and the engrossment (signed as a deed by the buyer if condition G5.2 applies) five business days before that date or (if completion. later) two business days after the draft has been approved by the seller; and (b) the seller must approve or revise the draft transfer within five business days of receiving it from the buyer. G4. Title and identity G5.2 If the seller remains liable in any respect in relation to the lot (or a tenancy) following completion the buyer is specifically to covenant in the transfer to indemnify the seller against that liability. G4.1 Unless condition G4.2 applies, the buyer accepts the title of the seller to the lot as at the contract date and may G5.3 The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one transfer. raise no requisition or objection except in relation to any matter that occurs after the contract date. G4.2 If any of the documents is not made available before the auction the following provisions apply: G6. Completion (a) The buyer may raise no requisition on or objection to any of the documents that is made available before the auction. G6.1 Completion is to take place at the offices of the seller’s conveyancer, or where the seller may reasonably require, (b) If the lot is registered land the seller is to give to the buyer within five business days of the contract date an official on the agreed completion date. The seller can only be required to complete on a business day and between the hours copy of the entries on the register and title plan and, where noted on the register, of all documents subject to which the of 0930 and 1700. lot is being sold. G6.2 The amount payable on completion is the balance of the price adjusted to take account of apportionments plus (if 54 55 applicable) VAT and interest. G6.3 Payment is to be made in pounds sterling and only by: G10.1 If the actual completion date is after the agreed completion date for any reason other than the seller’s default the (a) direct transfer to the seller’s conveyancer’s client account; and buyer must pay interest at the interest rate on the price (less any deposit paid) from the agreed completion date up to (b) the release of any deposit held by a stakeholder. and including the actual completion date. G6.4 Unless the seller and the buyer otherwise agree, completion cannot take place until both have complied with their obligations G10.2 Subject to condition G11 the seller is not obliged to apportion or account for any sum at completion unless the under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. seller has received that sum in cleared funds. The seller must pay to the buyer after completion any sum to which the G6.5 If completion takes place after 1400 hours for a reason other than the seller’s default it is to be treated, for the buyer is entitled that the seller subsequently receives in cleared funds. purposes of apportionment and calculating interest, as if it had taken place on the next business day. G10.3 Income and outgoings are to be apportioned at actual completion date unless: G6.6 Where applicable the contract remains in force following completion. (a) the buyer is liable to pay interest; and (b) the seller has given notice to the buyer at any time up to completion requiring apportionment on the date from which interest becomes payable by the buyer; in which event income and outgoings are to be apportioned on the date from G7. Notice to complete which interest becomes payable by the buyer. G10.4 Apportionments are to be calculated on the basis that: G7.1 The seller or the buyer may on or after the agreed completion date but before completion give the other notice to (a) the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to be made; complete within ten business days (excluding the date on which the notice is given) making time of the essence. (b) annual income and expenditure accrues at an equal daily rate assuming 365 days in a year, and income and G7.2 The person giving the notice must be ready to complete. expenditure relating to some other period accrues at an equal daily rate during the period to which it relates; and G7.3 If the buyer fails to comply with a notice to complete the seller may, without affecting any other remedy the seller has: (c) where the amount to be apportioned is not known at completion apportionment is to be made by reference to a (a) terminate the contract; reasonable estimate and further payment is to be made by seller or buyer as appropriate within five business days of (b) claim the deposit and any interest on it if held by a stakeholder; the date when the amount is known. (c) forfeit the deposit and any interest on it; (d) resell the lot; and G11. Arrears (e) claim damages from the buyer. G7.4 If the seller fails to comply with a notice to complete the buyer may, without affecting any other remedy the buyer has: Part 1 Current rent (a) terminate the contract; and (b) recover the deposit and any interest on it from the seller or, if applicable, a stakeholder. G11.1 “Current rent” means, in respect of each of the tenancies subject to which the lot is sold, the installment of rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four months G8. If the contract is brought to an end preceding completion. G11.2 If on completion there are any arrears of current rent the buyer must pay them, whether or not details of those If the contract is lawfully brought to an end: arrears are given in the special conditions. (a) the buyer must return all papers to the seller and appoints the seller its agent to cancel any registration of the G11.3 Parts 2 and 3 of this condition G11 do not apply to arrears of current rent. contract; and (b) the seller must return the deposit and any interest on it to the buyer (and the buyer may claim it from the stakeholder, Part 2 Buyer to pay for arrears if applicable) unless the seller is entitled to forfeit the deposit under condition G7.3. G11.4 Part 2 of this condition G11 applies where the special conditions give details of arrears. G9. Landlord’s licence G11.5 The buyer is on completion to pay, in addition to any other money then due, an amount equal to all arrears of which details are set out in the special conditions. G9.1 Where the lot is or includes leasehold land and license to assign is required this condition G9 applies. G11.6 If those arrears are not old arrears the seller is to assign to the buyer all rights that the seller has to recover those arrears. G9.2 The contract is conditional on that license being obtained, by way of formal license if that is what the landlord lawfully requires. Part 3 Buyer not to pay for arrears G9.3 The agreed completion date is not to be earlier than the date five business days after the seller has given notice to the buyer that license has been obtained. G11.7 Part 3 of this condition G11 applies where the special conditions: G9.4 The seller must: (a) so state; or (a) use all reasonable endeavours to obtain the license at the seller’s expense; and (b) give no details of any arrears. (b) enter into any authorised guarantee agreement properly required. G11.8 While any arrears due to the seller remain unpaid the buyer must: G9.5 The buyer must: (a) try to collect them in the ordinary course of management but need not take legal proceedings or forfeit the tenancy; (a) promptly provide references and other relevant information; and (b) pay them to the seller within five business days of receipt in cleared funds (plus interest at the interest rate (b) comply with the landlord’s lawful requirements. G9.6 If within three months of the contract date (or such longer calculated on a daily basis for each subsequent day’s delay in payment); period as the seller and buyer agree) the license has not been obtained the seller or the buyer may (if not then in (c) on request, at the cost of the seller, assign to the seller or as the seller may direct the right to demand and sue for breach of any obligation under this condition G9) by notice to the other terminate the contract at any time before license old arrears, such assignment to be in such form as the seller’s conveyancer may reasonably require; is obtained. That termination is without prejudice to the claims of either seller or buyer for breach of this condition G9. (d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart of any tenancy against an undertaking to hold it to the buyer’s order; G10. Interest and apportionments (e) not without the consent of the seller release any tenant or surety from liability to pay arrears or accept a surrender of 56 57 or forfeit any tenancy under which arrears are due; and (a) it is registered for VAT, either in the buyer’s name or as a member of a VAT group; (f) if the buyer disposes of the lot prior to recovery of all arrears obtain from the buyer’s successor in title a covenant in (b) it has made, or will make before completion, a VAT option in relation to the lot and will not revoke it before or within favour of the seller in similar form to part 3 of this condition G11. three months after completion; G11.9 Where the seller has the right to recover arrears it must not without the buyer’s written consent bring insolvency (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it; and (d) it is not buying the proceedings against a tenant or seek the removal of goods from the lot. lot as a nominee for another person. G15.4 The buyer is to give to the seller as early as possible before the agreed completion date evidence: G12. Management (a) of the buyer’s VAT registration; (b) that the buyer has made a VAT option; and G12.1 This condition G12 applies where the lot is sold subject to tenancies. (c) that the VAT option has been notified in writing to HM Revenue and Customs; and if it does not produce the relevant G12.2 The seller is to manage the lot in accordance with its standard management policies pending completion. evidence at least two business days before the agreed completion date, condition G14.1 applies at completion. G12.3 The seller must consult the buyer on all management issues that would affect the buyer after completion G15.5 The buyer confirms that after completion the buyer intends to: (such as, but not limited to, an application for license; a rent review; a variation, surrender, agreement to surrender or (a) retain and manage the lot for the buyer’s own benefit as a continuing business as a going concern subject to and proposed forfeiture of a tenancy; or a new tenancy or agreement to grant a new tenancy) and: with the benefit of the tenancies; and (a) the seller must comply with the buyer’s reasonable requirements unless to do so would (but for the indemnity in (b) collect the rents payable under the tenancies and charge VAT on them as a result. paragraph (c)) expose the seller to a liability that the seller would not otherwise have, in which case the seller may act G15.6 If, after completion, it is found that the sale of the lot is not a transfer of a going concern then: reasonably in such a way as to avoid that liability; (a) the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide a VAT invoice in respect of (b) if the seller gives the buyer notice of the seller’s intended act and the buyer does not object within five business days the sale of the lot; giving reasons for the objection the seller may act as the seller intends; and (b) the buyer must within five business days of receipt of the VAT invoice pay to the seller the VAT due; and (c) the buyer is to indemnify the seller against all loss or liability the seller incurs through acting as the buyer requires, (c) if VAT is payable because the buyer has not complied with this condition G15, the buyer must pay and indemnify the or by reason of delay caused by the buyer. seller against all costs, interest, penalties or surcharges that the seller incurs as a result. G16. Capital allowances G13. Rent deposits G16.1 This condition G16 applies where the special conditions state that there are capital allowances available in G13.1 This condition G13 applies where the seller is holding or otherwise entitled to money by way of rent deposit in respect of the lot. respect of a tenancy. In this condition G13 “rent deposit deed” means the deed or other document under which the rent G16.2 The seller is promptly to supply to the buyer all information reasonably required by the buyer in connection with deposit is held. the buyer’s claim for capital allowances. G13. 2 If the rent deposit is not assignable the seller must on completion hold the rent deposit on trust for the buyer G16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the special and, subject to the terms of the rent deposit deed, comply at the cost of the buyer with the buyer’s lawful instructions. conditions. G13.3 Otherwise the seller must on completion pay and assign its interest in the rent deposit to the buyer under an G16.4 The seller and buyer agree: assignment in which the buyer covenants with the seller to: (a) to make an election on completion under Section 198 of the Capital Allowances Act 2001 to give effect to this (a) observe and perform the seller’s covenants and conditions in the rent deposit deed and indemnify the seller in condition G16; and respect of any breach; (b) to submit the value specified in the special conditions to HM Revenue and Customs for the purposes of their (b) give notice of assignment to the tenant; and respective capital allowance computations. (c) give such direct covenant to the tenant as may be required by the rent deposit deed. G17. Maintenance agreements G14. VAT G17.1 The seller agrees to use reasonable endeavours to transfer to the buyer, at the buyer’s cost, the benefit of the G14.1 Where a sale condition requires money to be paid or other consideration to be given, the payer must also pay maintenance agreements specified in the special conditions. any VAT that is chargeable on that money or consideration, but only if given a valid VAT invoice. G17.2 The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the actual G14.2 Where the special conditions state that no VAT option has been made the seller confirms that none has been completion date. made by it or by any company in the same VAT group nor will be prior to completion. G18. Landlord and Tenant Act 1987 G15. Transfer as a going concern G18.1 This condition G18 applies where the sale is a relevant disposal for the purposes of part I of the Landlord and G15.1 Where the special conditions so state: Tenant Act 1987. (a) the seller and the buyer intend, and will take all practicable steps (short of an appeal) to procure, that the sale is G18.2 The seller warrants that the seller has complied with sections 5B and 7 of that Act and that the requisite majority treated as a transfer of a going concern; and of qualifying tenants has not accepted the offer. (b) this condition G15 applies. G15.2 The seller confirms that the seller: (a) is registered for VAT, either in the seller’s name or as a member of the same VAT group; and G19. Sale by practitioner (b) has (unless the sale is a standard-rated supply) made in relation to the lot a VAT option that remains valid and will not be revoked before completion. G19.1 This condition G19 applies where the sale is by a practitioner either as seller or as agent of the seller. G15.3 The buyer confirms that: G19.2 The practitioner has been duly appointed and is empowered to sell the lot. 58 59 G19.3 Neither the practitioner nor the firm or any member of the firm to which the practitioner belongs has any personal account; liability in connection with the sale or the performance of the seller’s obligations. The transfer is to include a declaration (b) attributable service charge expenditure exceeds payments on account (whether those payments have been excluding that personal liability. received or are still then due), the buyer must use all reasonable endeavors to recover the shortfall from the tenant at G19.4 The lot is sold: the next service charge reconciliation date and pay the amount so recovered to the seller within five business days of (a) in its condition at completion; receipt in cleared funds; but in respect of payments on account that are still due from a tenant condition G11 (arrears) (b) for such title as the seller may have; and applies. (c) with no title guarantee; and the buyer has no right to terminate the contract or any other remedy if information G22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller must pay the provided about the lot is inaccurate, incomplete or missing. expenditure incurred in respect of the period before actual completion date and the buyer must pay the expenditure G19.5 Where relevant: incurred in respect of the period after actual completion date. Any necessary monetary adjustment is to be made within (a) the documents must include certified copies of those under which the practitioner is appointed, the document of five business days of the seller providing the service charge account to the buyer. appointment and the practitioner’s acceptance of appointment; and G22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure or a depreciation (b) the seller may require the transfer to be by the lender exercising its power of sale under the Law of Property Act 1925. fund: G19.6 The buyer understands this condition G19 and agrees that it is fair in the circumstances of a sale by a (a) the seller must pay it (including any interest earned on it) to the buyer on completion; and practitioner. (b) the buyer must covenant with the seller to hold it in accordance with the terms of the tenancies and to indemnify the seller if it does not do so. G20. TUPE G23. Rent reviews G20.1 If the special conditions state “There are no employees to which TUPE applies”, this is a warranty by the seller to this effect. G23.1 This condition G23 applies where the lot is sold subject to a tenancy under which a rent review due on or before G20.2 If the special conditions do not state “There are no employees to which TUPE applies” the following paragraphs the actual completion date has not been agreed or determined. apply: G23.2 The seller may continue negotiations or rent review proceedings up to the actual completion date but may not (a) The seller must notify the buyer of those employees whose contracts of employment will transfer to the buyer on agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer, such completion (the “Transferring Employees”). This notification must be given to the buyer not less than 14 days before consent not to be unreasonably withheld or delayed. completion. G23.3 Following completion the buyer must complete ren review negotiations or proceedings as soon as reasonably (b) The buyer confirms that it will comply with its obligations under TUPE and any special conditions in respect of the practicable but may not agree the level of the revised rent without the written consent of the seller, such consent not to Transferring Employees. be unreasonably withheld or delayed. (c) The buyer and the seller acknowledge that pursuant and subject to TUPE, the contracts of employment between the G23.3 Following completion the buyer must complete ren review negotiations or proceedings as soon as reasonably Transferring Employees and the seller will transfer to the buyer on completion. practicable but may not agree the level of the revised rent without the written consent of the seller, such consent not to (d) The buyer is to keep the seller indemnified against all liability for the Transferring Employees after completion. be unreasonably withheld or delayed. G23.4 The seller must promptly: G21. Environmental (a) give to the buyer full details of all rent review negotiations and proceedings, including copies of all correspondence and other papers; and G21.1 This condition G21 only applies where the special conditions so provide. (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings. G21.2 The seller has made available such reports as the seller has as to the environmental condition of the lot and has G23.5 The seller and the buyer are to keep each other informed of the progress of the rent review and have regard to given the buyer the opportunity to carry out investigations (whether or not the buyer has read those reports or carried any proposals the other makes in relation to it. out any investigation) and the buyer admits that the price takes into account the environmental condition of the lot. G23.6 When the rent review has been agreed or determined the buyer must account to the seller for any increased G21.3 The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental condition rent and interest recovered from the tenant that relates to the seller’s period of ownership within five business days of of the lot. receipt of cleared funds. G23.7 If a rent review is agreed or determined before completion but the increased rent and any interest recoverable G22. Service Charge from the tenant has not been received by completion the increased rent and any interest recoverable is to be treated as arrears. G22.1 This condition G22 applies where the lot is sold subjectto tenancies that include service charge provisions. G23.8 The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings. G22.2 No apportionment is to be made at completion in respect of service charges. G22.3 Within two months after completion the seller must provide to the buyer a detailed service charge account for the G24. Tenancy renewals service charge year current on completion showing: (a) service charge expenditure attributable to each tenancy; G24.10 This condition G24 applies where the tenant under a tenancy has the right to remain in occupation under part (b) payments on account of service charge received from each tenant; II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to notices and (c) any amounts due from a tenant that have not been received; proceedings under that Act. (d) any service charge expenditure that is not attributable to any tenancy and is for that reason irrecoverable. G24.20 Where practicable, without exposing the seller to liability or penalty, the seller must not without the written G22.4 In respect of each tenancy, if the service charge account shows that: consent of the buyer (which the buyer must not unreasonably withhold or delay) serve or respond to any notice or begin (a) payments on account (whether received or still then due from a tenant) exceed attributable service charge or continue any proceedings. expenditure, the seller must pay to the buyer an amount equal to the excess when it provides the service charge G24.30 If the seller receives a notice the seller must send a copy to the buyer within five business days and act as the 60 61 buyer reasonably directs in relation to it. G24.4 Following completion the buyer must: G28. Notices and other communications (a) with the co-operation of the seller take immediate steps to substitute itself as a party to any proceedings; (b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewal of the tenancy and the G28.1 All communications, including notices, must be in writing. Communication to or by the seller or the buyer may be determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable; and given to or by their conveyancers. (c) if any increased rent is recovered from the tenant (whether as interim rent or under the renewed tenancy) account to G28.2 A communication may be relied on if: the seller for the part of that increase that relates to the seller’s period of ownership of the lot within five business days (a) delivered by hand; or of receipt of cleared funds. (b) made electronically and personally acknowledged (automatic acknowledgement does not count); or G24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any (c) there is proof that it was sent to the address of the person to whom it is to be given (as specified in the sale proceedings relating to this. memorandum) by a postal service that offers normally to deliver mail the next following business day. G28.3 A communication is to be treated as received: G25. Warranties (a) when delivered, if delivered by hand; or (b) when personally acknowledged, if made electronically; but if delivered or made after 1700 hours on a business day a G25.1 Available warranties are listed in the special conditions. communication is to be treated as received on the next business day. G25.2 Where a warranty is assignable the seller must: G28.4 A communication sent by a postal service that offers normally to deliver mail the next following business day will (a) on completion assign it to the buyer and give notice of assignment to the person who gave the warranty; and be treated as received on the second business day after it has been posted. (b) apply for (and the seller and the buyer must use all reasonable endeavours to obtain) any consent to assign that is required. If consent has not been obtained by completion the warranty must be assigned within five business days after G29. Contracts (Rights of Third Parties) Act 1999 the consent has been obtained. G25.3 If a warranty is not assignable the seller must after completion: No one is intended to have any benefit under the contract pursuant to the Contract (Rights of Third Parties) Act 1999. (a) hold the warranty on trust for the buyer; and (b) at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to the warranty as do not place the seller in breach of its terms or expose the seller to any liability or penalty.
G26. No assignment
The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part of the buyer’s interest under this contract.
G27. Registration at the Land Registry\
G27.1 This condition G27.1 applies where the lot is leasehold and its sale either triggers first registration or is a registrable disposition. The buyer must at its own expense and as soon as practicable: (a) procure that it becomes registered at Land Registry as proprietor of the lot; (b) procure that all rights granted and reserved by the lease under which the lot is held are properly noted against the affected titles; and (c) provide the seller with an official copy of the register relating to such lease showing itself registered as proprietor. G27.2 This condition G27.2 applies where the lot comprises part of a registered title. The buyer must at its own expense and as soon as practicable: (a) apply for registration of the transfer; (b) provide the seller with an official copy and title plan for the buyer’s new title; and (c) join in any representations the seller may properly make to Land Registry relating to the application.
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