Auction lot for cash buyers or developers seeking a refurbishment project.
Three-bedroom semi-detached house with garden and rear garage
Offered for sale at public auction, this 1930s semi-detached house presents a clear value opportunity for an investor or cash buyer prepared to refurbish. The property has three bedrooms, two reception rooms, a rear garage and garden and sits on an average-sized plot in a well-connected Kings Norton suburb. It benefits from mains gas central heating and double glazing (installation date unknown), but requires a full refurbishment throughout and has an EPC rating of F.
The material constraint is the short lease: approximately nine years remain. Mortgage lenders will very likely refuse lending, so purchase will usually require cash or specialist funding. The sale is subject to auction conditions, immediate exchange on the fall of the gavel, and an administration fee of £2,340 inc VAT payable on completion; buyers must review the legal pack for any additional costs.
Structurally the house is solid brick (likely uninsulated as built) and sits within a mixed residential area with average crime and amenities close by. Nearby schooling includes two Outstanding selective secondaries, which may support future resale. This lot is aimed at purchasers seeking a refurbishment/redevelopment project or a short-term purchase to reposition or convert the asset post-acquisition.
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