Property Description
Data accuracy has been checked and verified for this property.
Our analysis
Welcome to 78 Reginald Road, Smethwick, a cozy and compact terraced type home with 2 bed in the B67 5AF area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band B.
This classic property was built before 1900 and has a reported internal area of 74.73 internal square metres
The local area is known for its high value-to-quality ratio -
with a market valuation of £85,150 and a rental potential of £553 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to Oct 25, 2017. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
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AUCTION: AN IDEAL FIRST TIME BUYERS PURCHASE or buy to let
opportunity! This traditional terrace offers two double bedrooms, a
through lounge and no upward chain! EP Rating D.
Vestibule Entrance, Through Lounge, Kitchen, Two Bedrooms,
Bathroom, Front and Rear Gardens.
From the agents office continue along the Bearwood Road. At the
junction with Three Shires Oak Road, go straight over to remain on
the Bearwood Road. Take the 3rd left onto Reginald Road. The
property is on the right hand side.
For sale by Modern Method of Auction; Starting Bid Price
?120,000 plus Reservation Fee.
This property is for sale by The West Midlands Property Auction
powered by iam-sold.
Auction Details
This property is for sale by the Modern Method of Auction which
is not to be confused with traditional auction. The Modern Method
of Auction is a flexible buyer friendly method of purchase. We do
not require the purchaser to exchange contracts immediately, but
grant 28 days to achieve exchange of contracts from the date the
buyer's solicitor is in receipt of the draft contracts and a
further 28 days thereafter to complete. Allowing the additional
time to exchange on the property means interested parties can
proceed with traditional residential finance. Upon close of a
successful auction or if the vendor accepts an offer during the
auction, the buyer will be required to put down a non-refundable
Reservation Fee of 3.5% to a minimum of ?5,000.00 + VAT (?1,000.00)
= (?6,000.00) which secures the transaction and takes the property
off the market. Fees paid to the Auctioneer may be considered as
part of the chargeable consideration for the property and be
included in the calculation for stamp duty liability. Further
clarification on this must be sought from your legal
representative. The buyer will be required to sign an
Acknowledgement of Reservation form to confirm acceptance of terms
prior to solicitors being instructed. Copies of the Reservation
from and all terms and conditions can be found in the Buyer
Information Pack which can be downloaded for free from the auction
section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed reserve
price which is generally no more than 10% in excess of the Starting
Bid, both the Starting Bid and reserve price can be subject to
change. Terms and conditions apply to the Modern Method of Auction,
which is operated by West Midlands Property Auction powered by
iam-sold Ltd. (Reservation Fee is in addition to the final
negotiated selling price.)
Please note this property is subject to an undisclosed Reserve
Price which is generally no more than 10% in excess of the Starting
Bid. Both the Starting Bid and Reserve Price can be subject to
change. Our primary duty of care is to the vendor. Terms and
conditions apply to the Modern Method of Auction, which is operated
by West Midlands Property Auction powered by iam-sold Ltd? or
?iam-sold Ltd?. TO VIEW OR MAKE A BID ? Contact Robert Oulsnam or
visit: http://oulsnam.iamsold.co.uk/
Location
The property is conveniently situated for access to the amenities
of the local High Street and the Smethwick Swimming Centre. Located
within 1 mile are the much enjoyed grounds of Lightwoods Park. The
ever popular Warley Woods and Golf Course are within 1.5 miles.
This traditional terrace is a most sought after style,popular
amongst local residents and in keeping with the character of the
area.
Summary
* A well presented, traditional mid terrace property
* Two double bedrooms
* Through Lounge
* Convenient location for access to local amenities
* No upward chain
* Ideal first purchase or buy to let opportunity
Schedule of accommodation
Front Vestibule
Through Lounge: 12'01" max x 25'06" max (3.68m max x 7.77m max)
Under Stairs Storage
Kitchen: 9'00" max x 6'11" max (2.74m max x 2.11m max)
Utility: 3'03" max x 7'02" max (0.99m max x 2.18m max)
Landing
Bedroom One: 12'01" max x 11'03" max (3.68m max x 3.43m max)
Bedroom Two: 11'03" max x 9'00" max (3.43m max x 2.74m max)
Bathroom: 6'11" max x 9'11" max (2.11m max x 3.02m max)
General information
TENURE: The agents understand that the property is Freehold.
SERVICES: Central heating to radiators is provided by a Ferroli
combi boiler located in the kitchen.
FIXTURES AND FITTINGS: Only those items mentioned in these
particulars are included in the sale. All other items are excluded.
Carpets and blinds are included in the sale.
AUCTION PACK CAN BE VIEWED
AT: https://oulsnam.iamsold.co.uk/sign-in?t=auction-pack&r=/properties/60b821032947408a8d5422a1c266be90/...
Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and
fittings or services and so cannot verify that they are in working
order or fit for the purpose. A Buyer is advised to obtain
verification from their Solicitor or Surveyor. References to the
Tenure of a Property are based on information supplied by the
Seller. The Agent has not had sight of the title documents. A Buyer
is advised to obtain verification from their Solicitor. Items shown
in photographs are NOT included unless specifically mentioned
within the sales particulars. They may however be available by
separate negotiation. Buyers must check the availability of any
property and make an appointment to view before embarking on any
journey to see a property.
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Tax band B
136 sqm plot
