Modern Method of Auction
Auction date not yet published
2-bedroom terraced house · B14 4AG
For saleListed 91 days
Opportunity summary
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About
MODERN AUCTION PROPERTY - T&C's and Buyers Fees Apply. A well presented period style terrace property being offered with the added benefit of no upward chain.
The property in brief benefits from gas central heating, double glazing, two reception rooms with feature cast fire surrounds, feature tiled entrance hall, fitted kitchen/breakfast room, guest W.C, utility area, two double bedrooms, four piece family bathroom and a South/Westerly facing rear garden The property is set back from the road behind a paved pathway with lawned fore garden and pathway leading to composite period style front door which leads into Entrance Hall With Minton style tile floor, wall mounted radiator, ceiling light point and panel door leading off to Reception Room One to rear - 11' 10" x 12' 4" (3.61 x 3.76) With double glazed door leading out to rear gardens, feature cast fire surround, ceiling light point and wall mounted radiator Reception Room Two to front - 8' 9" x 11' 7" (2.67 x 3.53) into bay With double glazed bay window to front elevation, wall mounted radiator, ceiling light point and colonial panel door leading off to Inner Hallway With door leading off to under stairs storage cupboard, stairs leading off to the first floor and colonial panel door leading off to Kitchen Breakfast Room to rear - 16' 8" x 8' 4" (5.08 x 2.54) With a range of dark wood base units and matching wall units, complimentary tiling to prone areas, one and a half stainless steel drainer sink unit and mixer taps, inset Beko four ring electric hob set under combination light and extractor, inset Beko oven, two ceiling lights points, ceramic tiling to floor, wall mounted radiator, double glazed door leading out to rear gardens and colonial panel door leading to Utility Area to side - 6' 4" x 3' 7" (1.93 x 1.09) With power points, obscure double glazed window to side elevation and ceiling light point Guest WC With low level WC, corner wash hand basin, ceiling light point and ceramic tiling to floor Landing With stair runner, retaining balustrade and doors radiating off to Bedroom One to front - 12' 1" x 11' 8" (3.68 x 3.56) With double glazed casement window front elevation, wall mounted radiator and ceiling light point Bedroom Two to rear - 12' 4" x 9' 0" (3.76 x 2.74) With double glazed window to rear elevation, wall mounted radiator and ceiling light point Bathroom to rear With a four piece bathroom suite comprising feature roll top bath, low level WC, vanity wash hand basin and walk in shower cubicle, chrome effect heated towel rail, double glazed window to rear elevation and ceiling light point South/Westerly Facing Rear Garden Being mainly laid to lawn with paved patio area, steps leading to side and retaining fencing Tenure We are advised by the vendor that the property is Freehold, but are awaiting confirmation from the vendor's solicitor.
We would strongly advise all interested parties to obtain verification through their own solicitor or legal representative. EPC supplied by Nigel Hodges.
Council tax band B PROPERTY MISDESCRIPTIONS ACT SMART HOMES have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order.
All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract.
Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate.
AGENTS NOTE In accordance with the Estate Agents Act 1979 we are legally obliged to advise all interested parties that the vendor is related to a director of Smart Homes Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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