5, , westmidlandspropertyauction.co.uk. West Midands Property Auction

Transcription

1 West Midands Property Auction westmidlandspropertyauction.co.uk Live Auction Date: Thursday 24th Molineux Stadium, Wolverhampton, WV1 4QR LOTS IN THIS BROCHURE 96 PRICE RANGING FROM 5, ,000 ESTATE AGENT BRANCHES IN THIS REGION 176 Covering: Birmingham Staffordshire Worcestershire Warwickshire Herefordshire Live Auction Date: Thursday 24th January 2019 Register From: 18:00 Auction Starts: 19:00 Hayward Suite, Molineux Stadium, Waterloo Road, Wolverhampton, WV1 4QR 1

2 WEST MIDLANDS EVENT CALENDAR 2019 VENUE Hayward Suite, Molineux Stadium, Waterloo Road, Wolverhampton,, WV1 4QR Tel: Visit: Registration at 6.00pm Auction begins at 7.00pm DIRECTIONS By road from the North: Exit M6 at Junction 12. At island take third exit onto A5 for Wolverhampton. At the next island turn left onto A449. After six miles the A449 passes under the M54. Carry straight on and at the sixth island (Five Ways) take the third exit onto Waterloo Road. Molineux is one mile straight on. By road from the South West: Exit M5 at Junction 2. Follow the signs for Wolverhampton on the A4123 for eight miles to the Ring Road. Turn left on Ring Road, following signs for Molineux. Take second exit at next two islands, pass Banks s Brewery and swimming baths on left and then turn left at next set of traffic lights. Molineux is 500 yards on the right. By road from the South East: Exit M6 at Junction 10. Take A454 via Willenhall to Wolverhampton Ring Road. At first Ring Road island, take the fourth exit (A449 to Stafford). Straight on at next two sets of traffic lights. Filter right at third set of lights into Waterloo Road. Molineux is 500 yards on right. 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: WEST MIDLANDS PROPERTY AUCTION 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 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 Auction team on

3 AUCTION DAY PROCEDURE OUR METHODS OF AUCTION Before placing a bid we strongly advise that you carry out market research and due diligence on any property you are interested in bidding on. Make sure to review any legal documents we may have for the subject property. We recommend that before bidding you visually inspect the property internally and are completely happy with what s on offer. Registration You will require photographic I.D. and proof of address to obtain a bidding paddle to enable you to bid at a property auction. If you intend to bid please remember to bring with you your debit/credit card or bankers draft for your Reservation Fee and the required identification. Please also bring the contact details of the solicitor you intend to use. Bidding For Your Lot When the auctioneer announces your lot he will also bring to your attention any last minute items which you should be aware of. He will read the full address of the property, so please double check before bidding that this is the lot that you are interested in. The current lot number is usually displayed with a photograph on screens at the front of the room. The auctioneer will invite bids at a particular level and you can make this bid by raising your paddle, hand or catalogue. If you wish to make a bid other than the auctioneer calls, please shout out your bid and the auctioneer may or may not accept it. The property will be knocked down to the highest bidder but not until the auctioneer warns you by saying going, going, gone. Never delay until the last second with your bid you may lose it. Remember, there may be 300+ people in the room and unless your bid is clear the auctioneer may not see you. provide a reservation fee or deposit. We will then prepare the acknowledgement of reservation form for you to sign using the details provided. Exchange will usually take place within 56 days under the supervision of your solicitor upon receipt of Draft Contract. Please do not leave the auction room without paying your deposit or reservation fee and signing the relevant paperwork. If The Lot You Want Is Unsold If a lot fails to reach its reserve in the room and you wish to buy it, ensure you register your highest bid with us before you leave the room. We will contact the vendor and ask them for their instructions and contact you if we think that a sale after the auction is negotiable. Alternatively, call us in the office after the sale. Bidding Prior to the Auction Any bid or registration of interest must be presented to the vendor in real time which may lead to a property being sold prior to the auction event. Buyers are urged to register their interest early to avoid any disappointment. If you require any assistance with finance or conveyancing then speak to a member of the auction team who will be happy to provide quotes from our specialist panel. Remember! If you re not planning to attend the auction, but would like to bid by proxy or phone, you must fill and return the form in this catalogue or contact the team to pre-register on: Modern Method of Auction The Modern Method of Auction is different to traditional auction procedures in the UK, in that it is conditional. This means that the sale is not legally binding once a bid is accepted. The successful bidder is required to pay a Buyers Reservation Fee/ Deposit and sign a Reservation Agreement. The property is then reserved to the buyer. The buyer and seller are then required to unconditionally exchange contracts and complete the transaction within 56 days. Traditional Method of Auction This is an Unconditional Auction where on acceptance of an offer or on the fall of the hammer the buyer will pay up to a 10% deposit and exchange of contracts is immediate. Both parties are then legally bound to buy and sell. Traditional Auctions are mainly used by the investment market for properties that attract significant interest from professional investors. The residential sector can find it harder to buy through a traditional auction because there is a limited amount of time to put finance in place, meaning many purchases through a traditional auction are cash based. The Verdict Whilst the Traditional Auction is useful for disposing of investment stock to the investment market quickly and efficiently, the residential market requires more than this. The Modern Method offers the ability to maximise the level of interest from a broad range of buyers, in turn creating the best sales price in the current market but still benefiting from the security of a non refundable reservation fee or deposit and a fixed date to move and sell. TRADITIONAL AUCTION MODERN AUCTION On The Fall Of The Hammer 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 enquiries@iam-sold.co.uk 4 5

4 PROOF OF IDENTIFICATION GLOSSARY OF COMMON AUCTION TERMS All successful bidders must provide Proof of Identity and Proof of Address in order for us to comply with money laundering regulations. Original documents must be provided. Photocopies are not accepted. Proof of Identity Tick List Current Signed Passport Current Full UK/EU Photo Card Driving Licence** Current full UK Driving Licence** (old style)** (Provisional licenses not accepted). Resident permit issued by the Home Office to EU Nationals. Inland Revenue Tax Notification. DEPOSITS / RESERVATION FEES Important notice! You must supply at least one document from each list below to proceed with the sale.* Proof of Address Tick List Current full UK Driving Licence** (Provisional licenses not accepted). A utility bill issued in the last three months (Not a mobile phone bill) Local Authority tax bill (Current year) Bank / Building Society / Credit Union statement containing current address. Most recent original mortgage statement from a UK lender. Addendum This is the document published on the day of the auction containing all changes and additions to the details within the catalogue. It is important that you read this document before bidding to see if there is anything significant listed against your lot. We will be compiling these amendments right up until the auction day. The most up to date copy is always available from our Auction Department. The Addendum forms part of the contract of sale. Reserve Price This is the minimum price that is acceptable to the vendor for selling their lot in the auction. We do not publish Reserve Prices; this figure is a private agreement between the vendor and the auctioneer, however as a guide the Reserve is generally around 10% in excess of the Starting Bid. Both the Starting Bid and Reserve can be subject to change. Reservation Fee Unless otherwise stated, each property is sold subject to a Reservation Fee of 4.2% including VAT subject to a minimum of 6,000 including VAT. If you are interested in a particular lot please speak to a member of the team before you bid and clearly read the Terms & Conditions attached to the property. Please note that the Reservation Fee is in addition to the final negotiated selling price, and is paid on a non-refundable basis. It is held as a reservation against the subject property until exchange of contracts take place. If the sale falls through due to the vendor breaching the terms of the agreement the Reservation Fee or deposit becomes repayable to the buyer in full. a non-refundable basis. The deposit is held as a reservation against the subject property. If the sale falls through due to an act or action of the vendor, the deposit becomes repayable to the buyer in full. Exchange of Contracts The buyer will sign the contract for sale and send it to the seller, who also signs it. This is the point at which both parties are legally obliged to complete the transaction, and usually aim to takes place 28 days after the buyer s solicitor is in receipt of draft contracts. At this point there is a legal obligation for the purchaser to buy and the vendor to sell. Completion of Contracts This is when the purchase becomes final. The purchase price is paid in full by the buyer s conveyancer and received by the seller s conveyancer. The seller must move out of the property on this date and release the keys to the buyer. Special Conditions Of Sale In addition to these general conditions applicable to each lot the vendor s solicitor may draft additional terms applicable to their individual lot these are the Special Conditions. These are not printed in the catalogue and are available for free from the Auction Department if applicable. They form part of the Contract of Sale. It is important that you satisfy all of your legal enquiries and are aware of all conditions (including any Addendum) before you bid at auction. Deposits and /or fees will be accepted by one of the following methods: Banker s Draft, Debit / Credit Cards. NO CASH OR CHEQUES WILL BE ACCEPTED *We reserve the right to conduct a soft imprint online identification search on any successful buyer. ***Current full UK/EU driving license cannot be used to prove both ID and address. This document can only identify ID or address. Reservation Deposit Under this method of sale the buyer will be required to pay a Reservation Deposit. The Reservation Deposit is calculated against the final negotiated selling price at 4.2% including VAT subject to a minimum of 6,000 including VAT. The deposit is taken as a part payment of the final negotiated selling price and will be deducted from the balance of the final selling price upon completion of contracts. The deposit is taken on Energy Performance Certificate (EPCs) EPCs contain information on your home s energy use and typical energy costs, with recommendations on how to reduce energy use and save money. Auction Catalogue Details of the property and land to be sold are set out in this catalogue. All lots are sold subject to Special Conditions of Sale. It is important that 6 7

5 Property Auction SOLD AT AUCTION prospective purchasers satisfy themselves as to the location, boundaries, condition and state of the lots before the auction. Starting Bids These are prices published for each property and are the level at which the bidding will commence. They are for guidance only and are not Reserve Prices. They may occasionally change during the marketing period. Each Starting Bid has a corresponding Reserve Price that is usually in excess of the starting price. Insurance Unless indicated to the contrary, the seller will continue to be responsible for insuring the property until completion. Viewing Due to the nature and condition of auction properties, we highlight the potential risk that viewing such properties carries and advise all to proceed with caution and take necessary actions to ensure their own safety whilst viewing any lot in this catalogue. Viewings are conducted entirely at your own risk, these properties are not owned or controlled by the Auction Department and we cannot be held liable for loss or injury caused while viewing or accessing any lot. Due to the nature of some auction properties, electricity may not be turned on therefore viewing times are restricted. bidding facility is disabled. If you wish to place a pre auction offer you will need to speak with a member of the Auction Team who will explain the process to you. The vendor can consider offers prior to the live auction, but this is at their discretion to do so. The auctioneers or vendors cannot be held responsible for costs incurred in respect of any lot which is withdrawn or sold prior to auction. Buyer Information Pack A Buyer Information Pack is a range of legal documents prepared before the property is sold via auction. This gives the buyer a chance to view the legal aspects of the property before purchasing. The pack includes: Property Information forms, Fixture and Fittings forms, official Land Registry Documents, Title Plan, Local Search and Water and Drainage Search, leasehold documents if applicable and auction Terms and Conditions. The successful purchaser will be required to pay 200 including VAT for the preparation of the Buyer Information Pack. Once the property is sold, the pack will be forwarded to the solicitors involved to ensure a speedy exchange and completion. Windyridge, Farley Lane, Romsley, Halesowen Start Bid Viewings Sold Station Road, Sutton Coldfield Start Bid Viewings Sold 280, , , ,000 Glebe House, Upton Magna, Shrewsbury Start Bid Viewings Sold Digby Drive, Birmingham Start Bid Viewings Sold 300, , , ,500 The Legal Aspect The legal aspect of buying at auction is a contractual commitment. Before making an offer prior to auction or bidding at the auction it is advisable to consult a solicitor regarding the General and Special Conditions of Sale, the Local Authority Search and other legal documentation. Pre Auction Offers If a property has been entered to a live auction room at one of our regional auctions the online If you have any queries or further questions regarding the information in this catalogue, don t hesitate to speak to a member of our auction team who will be able to offer you sound advice. You can contact us by telephone, or alternatively visit our website Banbury Road, Ettington 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, 8 areas and distances are approximate only. Potential purchasers are advised to check them. 9 Start Bid Viewings Sold 200, ,000 East Comer, Worcester Start Bid Viewings Sold 200, ,000

6 UNCONDITIONAL LOTS VIEWING TIMES SPECIFIC TERMS APPLICABLE TO LOTS These properties are offered under UNCONDITIONAL AUCTION TERMS. The successful buyer is required to pay a 10% deposit with an immediate exchange of contracts. In addition to the 10% deposit required for exchange of contracts, a Buyers Administration Fee of 1200 including VAT will also be payable by the successful purchaser in addition to the deposit. The buyer will be granted 28 days from the date of exchange of contracts to complete the purchase. Please note this property is subject to an undisclosed Reserve price with both the Reserve price and Starting Bid being subject to change. Terms and conditions apply to the Unconditional auction method of sale. Please check the Auction Pack supplied for any special terms and conditions associated with the lot. Please note: The seller is a registered social landlord and is therefore prohibited from selling a property to anyone who is an employee or director of the seller, or was in the last 12 months an employee or director, or is a close relative of such a person or an agent on their behalf. WHT Viewing Schedule Viewing Days Wednesday 16 th, Saturday 19 th & Wednesday 23 rd January Lot Address Time Western Rise, Ketley, Telford, TF1 5BS 23 Fourth Avenue, Ketley Bank, Telford, TF2 0AS 35 Overdale, Telford, TF3 5AL 50 Cedar Close, Rock Bank, Telford, TF3 5BP 112 Chiltern Gardens, Dawley, Telford, TF4 2QJ 202 Blakemore, Brookside, Telford, TF3 1QA 146 Bishopdale, Brookside, Telford, TF3 1SG 12 The Rookery, Madeley, Telford, TF7 5AW 20 Delbury Court, Hollinswood, Telford, TF3 2BS 21 West Avenue, Donnington, Telford, TF2 8BL 09:10 09:40 10:10 10:40 11:20 11:50 12:20 13:00 13:40 14: Penistone Close, Donnington, Telford, TF2 7QS 55 & 57 Chepstow Drive, Leegomery, Telford, TF1 6UP 15:00 15:30 Property Auction Property Auction 10 11

7 LOT LIST UNCONDITIONAL LOTS (WHT) LOT LIST Lot Address Starting Bid Agents Lot Address Starting Bid Agents The Rookery, Madeley, Telford, 70, Walton Avenue, High Ercall, Telford, 135, Fourth Avenue, Ketley Bank, Telford, 80, Lansdowne Crescent, Bayston Hill, Shrewsbury, 150, Western Rise, Ketley, Telford, 81, Montrose Place, Bicton Heath, Shrewsbury, 30, Overdale, Telford, 81, St. Godwalds Road, Bromsgrove, Worcestershire 325,000 Andrew Grant Chiltern Gardens, Dawley, Telford, 60, Horrell Road, Sheldon, Birmingham, 90,000 Partridge Homes Blakemore, Brookside, Telford, 65, Lazy Hill, Birmingham, 58,000 Oulsnam & Co Bishopdale, Brookside, Telford, 75, Callowbrook Lane, Rubery, Rednal, Birmingham, 230, Penistone Close, Donnington, Telford, 60, Northfield Road, Harborne, Birmingham, 135, Delbury Court, Hollinswood, Telford, 45, Hereford Close, Rubery, Rednal, Birmingham, 105, Cedar Close, Rock Bank, Telford, 40, Lickey Road, Rednal, Birmingham, 165, Freehold Sale of 55 & 57 Chepstow Drive, Leegomery, Telford, 55, Wolverton Road, Rednal, Birmingham, 115,000 House Hub Sales & Lettings West Avenue, Donnington, Telford, 63, Moors Lane, Feckenham, Redditch, Worcestershire 110,000 Lamberts Park Road, Donnington, Telford, 70, Hillcrest Road, Birmingham, 75,000 Acres Estate Agents Lancaster Avenue, Dawley, Telford, 37, Yateley Avenue, Birmingham, 150,000 Acres Estate Agents Sandiford Crescent, Newport, 65, Wootton Street, Bedworth, Warwickshire 120, Freehold Sale of Flats Dunsheath, Hollinswood, Telford, 5, Bewick Croft, Coventry, 115, Freehold Sale of Flats Garages, Burford, Brookside, Telford, 100, Lode Lane, Solihull, 230,000 Hunters Group 18 Shiralee, Plough Road, Wrockwardine Wood, Telford, 130, Alderwood Place, Princes Way, Solihull, 220,000 John Shepherd Estate Agents Downton Court, Deercote, Telford, 50, Bloomfield Street North, Halesowen, 70,000 Lex Allan & Grove Chiltern Gardens, Dawley, Telford, 70, Stourbridge Road, Halesowen, 160,000 Lex Allan & Grove Union Street, Hadley, Telford, 112, Merrivale, Brades Road, Oldbury, 90,000 Lex Allan Smallwood, Sutton Hill, Telford, 60, Apperley Way, Halesowen, 67,500 Lex Allan Pendil Close, Wellington, Telford, 250, Dalvine Road, Dudley, 110,000 Lex Allan Bembridge, Telford, 35, Dick Sheppard Avenue, Tipton, 80,000 Open House Dudley Pageant Drive, Telford, 95, Moat Road, Oldbury, 125,000 Open House Dudley Darliston, Telford, 100, Hayes Lane, Stourbridge, 90, Firestone House, Shrewsbury Street, Prees, Whitchurch, 70,000 Barbers 57 Flat Birmingham Road, West Bromwich, 30,000 WK Property Salisbury Road, Market Drayton, 70,000 Barbers 58 Land At 25 Claremont Road, Sedgley, Dudley, 45,000 Skitts 29 Warren Cottage Tern Hill, Market Drayton, 225,000 Barbers Batmanshill Road, Tipton, 115,000 Skitts Steepside, Shrewsbury, 152, Bourne Avenue, Tipton, 112,500 Skitts 12 13

8 LOT LIST Lot Address Starting Bid Agents LOT LIST Lot Address Starting Bid Agents Wood Lane, Wolverhampton, 85,000 Skitts 91 The Steppes New Road, Caunsall, Kidderminster, Worcestershire 205,000 Phipps And Pritchard Three Tuns Lane, Wolverhampton, 80,000 Skitts Sebright Road, Wolverley, Kidderminster, Worcestershire 215,000 Phipps And Pritchard Sherborne Road, Wolverhampton, 50,000 Skitts 93 2 Fieldbrook Cottages, Pensax, Abberley, Worcester, Worcestershire 170,000 Allan Morris Summerhill Road, Coseley, Bilston, 100,000 Skitts Goodman Street, Burton-on-trent, Staffordshire 80, Bunkers Hill Lane, Bilston, 100,000 Skitts Warwick Close, Midway, Swadlincote, Derbyshire 110, Vale Street, Ettingshall, Wolverhampton, 60,000 Skitts Cannock Road, Wolverhampton, 90, Red Roof, Alexandra Place, Bilston, 120,000 Skitts Green Lanes, Bilston, 74 Ashley Street, Bilston, 85,000 58,000 Skitts Skitts NOTES 70 6 Abbey Square, Walsall, 95,000 Skitts Arrow Road, Walsall, 90,000 Skitts Newcastle Street, Stoke-on-trent, Staffordshire 27, Houghton Street, Stoke-on-trent, Staffordshire 110, Fairway Road, Stoke-on-trent, Staffordshire 90, Hollings Street, Stoke-on-trent, Staffordshire 55, Washerwall Lane, Werrington, Stoke-on-trent, Staffordshire 100,000 Keates Hulme Lonsdale Street, Stoke-on-trent, Staffordshire 30,000 Keates Hulme Hednesford Road, Heath Hayes, Cannock, Staffordshire 80,000 Hunters Group 79 9 Beech Close, Tamworth, Staffordshire 95,000 Hunters Group Long Street, Dordon, Tamworth, Staffordshire 100,000 Next Place Property Agents Well Lane, Walsall, 85,000 Webbs Estate Agents Abbotts Street, Walsall, 80,000 Webbs Estate Agents Harrowby Place, Willenhall, 110, St. Cecilias, Okement Drive, Wolverhampton, 27, Bader Road, Perton, Wolverhampton, 40, High Street, Wednesfield, Wolverhampton, 45, Heath Drive, Worcester, Worcestershire 24 Waterloo Road, Bidford-on-Avon, Alcester, Warwickshire Orchard House Luddington Road, Stratford-upon-avon, Warwickshire 180, , ,000 Peter Clarke & Co LLP Peter Clarke & Co LLP Property Auction 90 The Haybarn, Brinsop, Hereford, Herefordshire 90,000 Jackson Property 14 15

9 LOT 1 LOT 4 Starting Bid: 70, The Rookery Madeley, Telford TF7 5AW UNCONDITIONAL LOT Starting Bid: 81, Overdale Telford TF3 5AL UNCONDITIONAL LOT Semi Detached House Generous Rear Garden Semi Detached House Generous Rear Garden 3 Bedrooms Off Road Parking 3 Bedrooms Parking To Front 2 Reception Rooms EPC: F 1 Reception Room EPC: D Tenure: Freehold Tenure: Freehold TW: TW: It is our understanding that Japanese Knotweed is evident at the property and therefore it is suggested that potential purchasers carryout their own investigations prior to making a bid at auction. The purchaser will be required to arrange for the removal of the Japanese LOT 2 Knotweed after completion. LOT 5 Starting Bid: 80, Fourth Avenue Ketley Bank, Telford TF2 0AS UNCONDITIONAL LOT Starting Bid: 60, Chiltern Gardens Dawley, Telford TF4 2QJ UNCONDITIONAL LOT Semi Detached House Driveway Mid Terraced House Enclosed Rear Garden 2 Bedrooms Garden 2 Bedrooms Local Amenities 1 Reception Room EPC: C 1 Reception Room EPC: C Tenure: Freehold Tenure: Freehold TW: TW: LOT 3 LOT 6 Starting Bid: 81,000 80, Western Rise Ketley, Telford TF1 5BS UNCONDITIONAL LOT Starting Bid: 65, Blakemore Brookside, Telford TF3 1QA UNCONDITIONAL LOT Semi Detached House Rear Garden Mid Terraced House Enclosed Rear Garden 3 Bedrooms Driveway 3 Bedrooms EPC: C 1 Reception Room EPC: D 1 Reception Room Tenure: Freehold Tenure: Freehold TW: TW:

10 LOT 7 LOT 10 Starting Bid: 75, Bishopdale Brookside, Telford TF3 1SG UNCONDITIONAL LOT Starting Bid: 40, Cedar Close Rock Bank, Telford TF3 5BP UNCONDITIONAL LOT End Terraced House Enclosed Rear Garden 3 Bedrooms EPC: D 1 Reception Room Tenure: Freehold Ground Flat Floor Flat Local Amenities 1 Bedroom EPC: C 1 Reception Room Tenure: Leasehold Lease Term: 99 years Ground Rent: 10 p/a TW: TW: LOT 8 LOT 11 Starting Bid: 60, Penistone Close Donnington, Telford TF2 7QS UNCONDITIONAL LOT Starting Bid: 55,000 Freehold sale of 55 & 57 Chepstow Drive Leegomery, Telford TF1 6UP UNCONDITIONAL LOT Mid Terraced House Gardens 3 Bedrooms EPC: C 2 Reception Rooms Tenure: Freehold Details coming soon TW: TW: Subject to the leasehold interest of 57 Chepstow Drive. One vacant 1 Bed Ground Floor Flat (No. 55) LOT 9 LOT 12 Starting Bid: 45, Delbury Court Hollinswood, Telford TF3 2BS UNCONDITIONAL LOT Starting Bid: 63, West Avenue Donnington, Telford TF2 8BL UNCONDITIONAL LOT First Flat Floor Flat EPC: C 1 Bedroom Tenure: Leasehold 1 Reception Room Lease Term: 99 years Ground Rent: 10 p/a Semi Detached House Rear Garden 3 Bedrooms EPC: D 1 Reception Room Tenure: Freehold TW: TW:

11 LOT 13 LOT 16 Starting Bid: 70, Park Road Donnington, Telford TF2 8BP UNCONDITIONAL LOT Starting Bid: 5,000 Freehold Sale of Flats Dunsheath Hollinswood, Telford TF3 2BY UNCONDITIONAL LOT Semi Detached House Garden 3 Bedrooms EPC: D 2 Reception Rooms Tenure: TBC Flat-block 1 Bedroom 1 Reception Room Tenure: Freehold TW: TW: LOT 14 LOT 17 Starting Bid: 37, Lancaster Avenue Dawley, Telford TF4 2HT UNCONDITIONAL LOT Starting Bid: 100,000 Freehold Sale of Flats plus 34 Garages, Burford Brookside, Telford TF3 1LW UNCONDITIONAL LOT Flat EPC: C 2 Bedrooms Tenure: TBC 1 Reception Room Flat-block 22 Tenanted Garages 1 Bedroom 12 Vacant Garages 1 Reception Room Tenure: Freehold TW: TW: LOT 15 LOT 18 Starting Bid: 65, Sandiford Crescent Newport TF10 7QW UNCONDITIONAL LOT Starting Bid: 130,000 Shiralee, Plough Road Wrockwardine Wood, Telford TF2 7AL Flat Local Amenities 2 Bedrooms Balcony 1 Reception Room EPC: C Tenure: TBC Bungalow Garden 2 Bedrooms EPC: D 1 Reception Room Tenure: Freehold TW: Wellington:

12 LOT 19 Starting Bid: 50, Downton Court Deercote, Telford TF3 2BT LOT 22 Starting Bid: 60, Smallwood Sutton Hill, Telford TF7 4HJ Apartment No Upward Chain 1 Bedroom Gas Central Heating 1 Reception Room EPC: E Tenure: Leasehold Terraced House No Upward Chain 3 Bedrooms Enclosed Rear Garden 1 Reception Room EPC: D Tenure: TBC Telford Centre: Telford Centre: LOT 20 Starting Bid: 70, Chiltern Gardens Dawley, Telford TF4 2QH LOT 23 Starting Bid: 250, Pendil Close Wellington, Telford TF1 2PQ Terraced House Front & Rear Garden 3 Bedrooms Garage 1 Reception Room EPC: D Tenure: Freehold Detached House Gardens 5 Bedrooms Parking 3 Reception Rooms EPC: F 3 Bathrooms Tenure: Freehold Telford Centre: Wellington: LOT 21 Starting Bid: 112, Union Street Hadley, Telford TF1 5RG LOT 24 Starting Bid: 35, Bembridge Telford TF3 1NE Semi Detached House Garage & Driveway 3 Bedrooms Gardens 2 Reception Rooms EPC: C Tenure: Freehold Flat No Chain 1 Bedroom EPC: D 1 Reception Room Tenure: Leasehold Wellington: Telford Centre:

13 LOT 25 LOT 28 Starting Bid: 95, Pageant Drive Telford TF4 3RQ Starting Bid: 70, Salisbury Road Market Drayton TF9 1AT Terraced House No Chain 3 Bedrooms Rear Garden 1 Reception Room EPC: C Tenure: Freehold Semi Detached House No Chain 3 Bedrooms Driveway 1 Reception Room EPC: C Tenure: Freehold Telford Centre: Market Drayton: LOT 26 LOT 29 Starting Bid: 100, Darliston Telford TF3 2DW Starting Bid: 225,000 Warren Cottage Tern Hill Market Drayton TF9 3PU Terraced House Rear Garden 3 Bedrooms Local Amenities 1 Reception Room Tenure: Freehold Cottage Generous Gardens 3 Bedrooms Large Parking Area 2 Reception Rooms Tenure: Freehold Telford: Market Drayton: LOT 27 LOT 30 Starting Bid: 70,000 Firestone House, Shrewsbury Street Prees, Whitchurch SY13 2DH Starting Bid: 152, Steepside Shrewsbury SY3 6DS Semi Detached House 3 Bedrooms EPC: F Garage to Rear 2 Reception Rooms Tenure: Freehold Detached Garden 2 Bedrooms EPC: D 1 Reception Room Tenure: Freehold Whitchurch: Shrewsbury:

14 LOT 31 Starting Bid: 135,000 4 Walton Avenue High Ercall, Telford TF6 6AL LOT 34 Starting Bid: 325, St. Godwalds Road Bromsgrove Worcestershire B60 3BW Semi Detached House No Chain 3 Bedrooms Large Rear Garden 1 Reception Room EPC: D Tenure: Freehold Semi Detached House Driveway 3 Bedrooms 0.3 Acres of Garden 2 Reception Rooms EPC: F Tenure: Freehold Telford Centre: Bromsgrove: LOT 32 Starting Bid: 150,000 4 Lansdowne Crescent Bayston Hill, Shrewsbury SY3 0JA LOT 35 Starting Bid: 90, Horrell Road Sheldon, Birmingham B26 2PU Semi Detached House Front & Rear Gardens 3 Bedrooms Drive & Garage 1 Reception Room EPC: C Tenure: Freehold Semi Detached House Rear Garden 3 Bedrooms Garage 1 Reception Room EPC: G Tenure: Freehold Shrewsbury: Yardley: LOT 33 Starting Bid: 30, Montrose Place Bicton Heath, Shrewsbury SY3 5EN LOT 36 Starting Bid: 58, Lazy Hill Birmingham B38 9NY Flat Car Parking 1 Bedroom EPC: D 1 Reception Room Tenure: Leasehold Flat Garden Area 2 Bedrooms Double Glazing 1 Reception Room EPC: D Tenure: Leasehold Shrewsbury: Stirchley:

15 LOT 37 Starting Bid: 230, Callowbrook Lane Rubery, Rednal, Birmingham B45 9HP LOT 40 Starting Bid: 165, Lickey Road Rednal, Birmingham B45 8RZ Terraced House Gardens 4 Bedrooms No Upward Chain 2 Reception Rooms Tenure: Freehold 2 Bathrooms Semi Detached House Rear Garden 3 Bedrooms EPC: E 2 Reception Rooms Tenure: Freehold Rubery: Rubery: LOT 38 Starting Bid: 135, Northfield Road Harborne, Birmingham B17 0ST LOT 41 Starting Bid: 115, Wolverton Road Rednal, Birmingham B45 8RL Terraced House Rear Garden 2 Bedrooms Double Glazing 2 Reception Rooms EPC: D Tenure: Freehold Semi Detached House Gas Central Heating 2 Bedrooms Double Glazing 1 Reception Room Tenure: Freehold Harborne: Rubery: LOT 39 Starting Bid: 105, Hereford Close Rubery, Rednal, Birmingham B45 0BQ LOT 42 Starting Bid: 110,000 7 Moors Lane Feckenham, Redditch Worcestershire B96 6JH Terraced House Garage 2 Bedrooms Off Street Parking 1 Reception Room EPC: C Tenure: Freehold Terraced House Front Garden 3 Bedrooms Tenure: TBC 2 Reception Rooms Rubery: Redditch:

16 LOT 43 LOT 46 Starting Bid: 75, Hillcrest Road Birmingham B43 6LU Starting Bid: 115,000 6 Bewick Croft Coventry CV2 4QR Flat Garage 2 Bedrooms EPC: F 1 Reception Room Tenure: Leasehold Flat Investment Opp 2 Bedrooms Juliet Balcony 1 Reception Room EPC: C 2 Bathrooms Tenure: Leasehold Great Barr: Coventry: LOT 44 LOT 47 Starting Bid: 150, Yateley Avenue Birmingham B42 1JJ Starting Bid: 230, Lode Lane Solihull B91 2HP Semi Detached House Garden 3 Bedrooms Driveway 2 Reception Rooms Tenure: Freehold Semi Detached House Garden 3 Bedrooms No Chain 1 Reception Room EPC: D Tenure: TBC Great Barr: Solihull: LOT 45 LOT 48 Starting Bid: 120, Wootton Street Bedworth Warwickshire CV12 9DZ Starting Bid: 220, Alderwood Place Princes Way, Solihull B91 3HX Semi Detached House Garden 3 Bedrooms Development Opp 1 Reception Room Tenure: Freehold Apartment Local Amenities 2 Bedrooms Parking 1 Reception Room Tenure: Leasehold 2 Bathrooms Bedworth: Solihull:

17 LOT 49 Starting Bid: 70, Bloomfield Street North Halesowen B63 3RE LOT 52 Starting Bid: 67, Apperley Way Halesowen B63 2PN End Terraced House Rear Garden 2 Bedrooms Popular Location 1 Reception Room EPC: F Tenure: Freehold Apartment No Upward Chain 2 Bedrooms Communal Gardens 1 Reception Room EPC: C Tenure: Leasehold Halesowen: Stourbridge: LOT 50 Starting Bid: 160, Stourbridge Road Halesowen B63 3QR LOT 53 Starting Bid: 110,000 9 Dalvine Road Dudley DY2 0EG Semi Detached House Rear Garden 3 Bedrooms Off Road Parking 2 Reception Rooms EPC: D Tenure: Freehold Semi Detached House Rear Garden 3 Bedrooms Off Road Parking 2 Reception Rooms Tenure: TBC Halesowen: Stourbridge: LOT 51 LOT 54 Starting Bid: 90,000 Merrivale, Brades Road Oldbury B69 2EP Starting Bid: 80, Dick Sheppard Avenue Tipton DY4 0XR Semi Detached House No Chain 3 Bedrooms Garden 1 Reception Room EPC: D Tenure: Freehold Semi-detached Garden 3 Bedrooms EPC: D 1 Reception Room Tenure: Freehold Stourbridge: Dudley: Tony Morris 32 33

18 LOT 55 Starting Bid: 125,000 8 Moat Road Oldbury B68 8EB LOT 58 Starting Bid: 45,000 Land At 25 Claremont Road Sedgley, Dudley DY3 1HN Semi Detached House Rear Garden 3 Bedrooms No Chain 2 Reception Rooms Tenure: Freehold 2 Bathrooms A residential development site in a highly desirable location close to Sedgley Town centre and a range of amenities offered for sale with full planning permission for a detached property. Planning permission is granted for the erection of 1 no. dwelling being a two bedroom detached property. Dudley: Tony Morris Sedgley: LOT 56 Starting Bid: 90, Hayes Lane Stourbridge DY9 8RD LOT 59 Starting Bid: 115, Batmanshill Road Tipton DY4 9LB Terraced House Rear Garden 3 Bedrooms Driveway 2 Reception Rooms Tenure: TBC End Terraced House Garden 3 Bedrooms No Chain 2 Reception Rooms Tenure: Freehold Dudley: Great Bridge: LOT 57 Starting Bid: 30,000 Flat Birmingham Road West Bromwich B70 6QG LOT 60 Starting Bid: 112, Bourne Avenue Tipton DY4 0LW Flat Private Gardens 1 Bedroom Parking 1 Reception Room EPC: E Tenure: Leasehold Semi Detached House No Chain 3 Bedrooms Garage 1 Reception Room EPC: E Tenure: Freehold West Bromwich: Great Bridge:

19 LOT 61 LOT 64 Starting Bid: 85, Wood Lane Wolverhampton WV10 8HQ Starting Bid: 100, Summerhill Road Coseley, Bilston WV14 8RE Semi Detached House Garden 2 Bedrooms Off Road Parking 1 Reception Room EPC: D Tenure: Freehold Semi Detached House No Chain 3 Bedrooms Garden 2 Reception Rooms Tenure: Freehold Wolverhampton: Sedgley: LOT 62 LOT 65 Starting Bid: 80, Three Tuns Lane Wolverhampton WV10 6BD Starting Bid: 100, Bunkers Hill Lane Bilston WV14 6JP Semi Detached House Garden 2 Bedrooms Tenure: Freehold 2 Reception Rooms Semi Detached House Garden 4 Bedrooms upvc Double Glazing 1 Reception Room EPC: D 2 Bathrooms Tenure: Freehold Wolverhampton: Bilston: LOT 63 LOT 66 Starting Bid: 50, Sherborne Road Wolverhampton WV10 9ET Starting Bid: 60, Vale Street Ettingshall, Wolverhampton WV2 2EH Semi Detached House 2 Bedrooms 2 Reception Rooms Tenure: Freehold Terraced House Potential Investment 2 Bedrooms No Chain 2 Reception Rooms EPC: E Tenure: Freehold Wolverhampton: Bilston:

20 LOT 67 Starting Bid: 120, ,000 Red Roof, Alexandra Place Bilston WV14 6NB LOT 70 Starting Bid: 95,000 6 Abbey Square Walsall WS3 2RJ Detached House No Chain 4 Bedrooms Local Amenities 2 Reception Rooms Tenure: Freehold Three bed mid terraced house with no onward chain. Bilston: Bloxwich: LOT 68 Starting Bid: 85, Green Lanes Bilston WV14 6DA LOT 71 Starting Bid: 90, Arrow Road Walsall WS3 1BG Semi-detached Garden 2 Bedrooms EPC: E 1 Reception Room Tenure: TBC Semi Detached House Gardens 3 Bedrooms Off Road Parking 1 Reception Room EPC: D Tenure: Freehold Bilston: Bloxwich: LOT 69 Starting Bid: 58, Ashley Street Bilston WV14 7NN LOT 72 Starting Bid: 27, Newcastle Street Stoke-on-trent Staffordshire ST6 3QW Terraced House No Chain 2 Bedrooms Local Amenities 2 Reception Rooms EPC: E Tenure: TBC Details coming soon Bilston: Tunstall:

21 LOT 73 LOT 76 Starting Bid: 110, Houghton Street Stoke-on-trent Staffordshire ST1 3BJ Starting Bid: 100, Washerwall Lane Werrington, Stoke-on-trent Staffordshire ST9 0LR Detached House Off Road Parking 3 Bedrooms EPC: D 1 Reception Room Tenure: Freehold Other Front & Rear Garden 3 Bedrooms Single Garage 2 Reception Rooms EPC: E Tenure: Freehold Tunstall: Stoke: LOT 74 LOT 77 Starting Bid: 90,000 5 Fairway Road Stoke-on-trent Staffordshire ST6 7JJ Starting Bid: 30, Lonsdale Street Stoke-on-trent Staffordshire ST4 4DP Semi Detached House Huge Potential 3 Bedrooms Garden 1 Reception Room Tenure: Freehold Flat Yard 1 Bedroom Double Glazed 1 Reception Room EPC: C Tenure: Freehold Tunstall: Stoke: LOT 75 LOT 78 Starting Bid: 55, Hollings Street Stoke-on-trent Staffordshire ST4 3HW Starting Bid: 80, Hednesford Road Heath Hayes, Cannock Staffordshire WS12 3DZ Terraced House No Chain 3 Bedrooms Rear Yard 1 Reception Room EPC: E 2 Bathrooms Tenure: Freehold End Terraced House No Chain 2 Bedrooms Gardens 2 Reception Rooms Tenure: Freehold Longton: Lichfield:

22 LOT 79 Starting Bid: 95,000 9 Beech Close Tamworth Staffordshire B79 8QH LOT 82 Starting Bid: 80, Abbotts Street Walsall WS3 3AY Terraced House No Chain 3 Bedrooms Gardens 1 Reception Room Tenure: Freehold End Terraced House No Chain 3 Bedrooms Large Garden 1 Reception Room EPC: D Tenure: Freehold Tamworth: Bloxwich: LOT 80 Starting Bid: 100, Long Street Dordon, Tamworth Staffordshire B78 1SL LOT 83 Starting Bid: 110, Harrowby Place Willenhall WV13 2RA Terraced House Garden 3 Bedrooms Central Heating 2 Reception Rooms Tenure: Freehold Semi Detached House Driveway & Garage 3 Bedrooms Rear Garden 2 Reception Rooms Tenure: Freehold Tamworth: Wednesfield: LOT 81 Starting Bid: 85, Well Lane Walsall WS3 1JT Semi Detached House No Chain 3 Bedrooms Driveway to Rear 2 Reception Rooms EPC: E Tenure: Freehold Bloxwich: LOT 84 Starting Bid: 27, St. Cecilias Okement Drive, Wolverhampton WV11 1XD Flat No Chain 1 Bedroom Allocated Parking 1 Reception Room EPC: C Tenure: Leasehold Wednesfield:

23 LOT 85 LOT 88 Starting Bid: 40, Bader Road Perton, Wolverhampton WV6 7UY Starting Bid: 220, Waterloo Road Bidford-on-Avon, Alcester Warwickshire B50 4JH Flat No Chain 1 Bedroom Double Glazing 1 Reception Room Tenure: Leasehold Semi Detached House Garden 2 Bedrooms No Chain 3 Reception Rooms Tenure: TBC Perton: Stratford-Upon-Avon: LOT 86 LOT 89 Starting Bid: 45, High Street Wednesfield, Wolverhampton WV11 1SZ Starting Bid: 340,000 Orchard House Luddington Road Stratford-upon-avon Warwickshire CV37 9SE Flat Double Glazing 3 Bedrooms No Chain 1 Reception Room EPC: G Tenure: Leasehold Detached House Garden 4 Bedrooms Driveway 1 Reception Room EPC: C 2 Bathrooms Tenure: Freehold Wednesfield: Stratford-Upon-Avon: LOT 87 LOT 90 Starting Bid: 180, Heath Drive Worcester Worcestershire WR5 3TD Starting Bid: 90,000 The Haybarn, Brinsop Hereford Herefordshire HR4 7AT Semi Detached House Garden 3 Bedrooms Off Road Parking 1 Reception Room EPC: D Tenure: Freehold Other 3 Bedrooms 3 Reception Rooms 3 Bathrooms Tenure: Freehold worcester: Hereford:

24 LOT 91 Starting Bid: 205,000 The Steppes New Road Caunsall, Kidderminster Worcestershire DY11 5YN LOT 94 Starting Bid: 80, Goodman Street Burton-on-trent Staffordshire DE14 2RG Detached House Enclosed Rear Garden 4 Bedrooms Driveway 2 Reception Rooms EPC: D 4 Bathrooms Tenure: Freehold Details coming soon Kidderminster: Burton on Trent: LOT 92 Starting Bid: 215, Sebright Road Wolverley, Kidderminster Worcestershire DY11 5UA LOT 95 Starting Bid: 110, Warwick Close Midway, Swadlincote Derbyshire DE11 7LH Semi-detached Garden 4 Bedrooms Driveway 1 Reception Room EPC: D Tenure: Freehold Semi Detached House No Chain 2 Bedrooms Driveway 1 Reception Room EPC: C Tenure: Freehold Kidderminster: Swadlincote: LOT 93 Starting Bid: 170,000 2 Fieldbrook Cottages Pensax, Abberley, Worcester Worcestershire WR6 6AE LOT 96 Starting Bid: 90, Cannock Road Wolverhampton WV10 8PN Semi Detached House Garden 2 Bedrooms Driveway 2 Reception Rooms Tenure: TBC Semi Detached House Garden 3 Bedrooms Driveway 2 Reception Rooms EPC: D Tenure: Freehold Allan Morris - Wyre Forest Prope: Wolverhampton:

25 SIGN UP to The Property Auction If you would like to sign up to our catalogue subscription service, please You ll receive updates including auction date reminders, digital copies of our brochures, property promotions and links to useful resources if you re interested in buying. Ask About Auction You could find it to be the best avenue to take for selling your property quickly, in a secure and transparent process - and with no estate agency fees to pay! t e. enquiries@iam-sold.co.uk Terms & Conditions Telephone or Proxy Bidding 1. A prospective buyer wishing to make a telephone or proxy bid (a Bidder ) must complete, sign and date the form within this catalogue. Separate forms must be completed for each lot on which a bid is to be placed. 2. The form must be delivered to The Auction Department, 6th Floor Arden House, Regent Centre, Gosforth, Newcastle upon Tyne, NE3 3LU 3. In the case of a telephone bid a member of the Auctioneers staff will attempt to contact the Bidder by telephone before the lot in question is offered for sale. If contact is made the Bidder may compete in the bidding through the Auctioneers staff. However if telephone contact cannot be made or the connection is lost the Bidder hereby authorises the Auctioneers and their staff to bid on their behalf up to their maximum authorised bid for the lot in question. 4. If the Bidder is successful the Bidder hereby authorises the Auctioneers to sign the Memorandum of Agreement on their behalf. 5. If the Bidder wishes to withdraw or alter his instructions or to attend the Auction to bid it is their responsibility to notify the Auctioneers in writing before the Auction. 6. The Auctioneers shall not be liable for any failure to bid due to inadequate or unclear instructions being received or for any other reason. The Auctioneers have absolute discretion as to whether or not and in what manner to bid. 7. The Bidder is deemed to have full knowledge of the General and Special Conditions of Sale and the Notice to All Prospective Buyers herein. The Bidder is also deemed to have full knowledge of any addendum produced by the Auctioneers at or prior to the Auction. The Bidder is therefore advised to check whether any relevant addendum has or will be produced but the Auctioneers will not be liable to the Bidder if he fails to so check. Remember! If you re not planning to attend the auction, but would like to bid by proxy or phone, you must fill and return the form in this catalogue or contact the West Midland Property Auction team to pre-register on: enquiries@iam-sold.co.uk 48 49

26 MODERN METHOD OF AUCTION TERMS & CONDITIONS (V3.3) Reservation Fee These conditions govern the conduct of conditional or modern method auctions operated by IAM Sold Limited (Company or 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. 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 funds to the Auctioneer who will issue an Acknowledgement of Reservation. Introduction These conditions have three main sections. 1. Glossary This gives special meanings to some words used in the rest of the conditions. 2. The conduct of the auction 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. 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 conditions of reservation relevant to that property. The conditions are legally binding. Important notice 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. Read the conditions. Inspect the Buyer Information Pack for the relevant property. Have finance available for the deposit and purchase price. In addition, before buying a property a prudent buyer will: Carry out usual searches and make usual enquiries. 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. Check that what is said about the property in the Buyer Information Pack is accurate. Check whether VAT registration and election is advisable. The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a property without taking these normal precautions you do so at your own risk. Glossary This glossary applies to the auction conduct conditions and the sale conditions. Wherever it makes sense: singular words can be read as plurals, and plurals as singular words; a person includes a corporate body; words of one gender include the other genders; references to legislation are to that legislation as it may have been modified or re-enacted by the date of the auction or the contract date (as applicable); and where the following words printed in bold type appear they have the specified meanings. 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. Auction The auction advertised as online or in the catalogue (as applicable). Auction conduct conditions The conditions so headed, including any extra auction conduct conditions. Auctioneers The auctioneers of the auction. Buyer Information Pack The pack of documents relating to a property which is advertised online for conditional auction. Business day Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and Wales; or (c) Good Friday or Christmas Day. Buyer The person who agrees to buy the property or, if applicable, that person s personal representatives. If two or more are jointly the buyer their obligations can be enforced against them jointly or against each of them separately. Catalogue Any catalogue to which the conditions refer including any supplement to it. Condition One of the auction conduct conditions or sales conditions. Conditional auction A conditional or modern method of auction as described in these conditions. Contract The contract by which the seller agrees to sell, and the Buyer agrees to buy the property. Online On our website or, where applicable, one of our accredited partner s websites. Property Each separate property described in the catalogue or as the case may be online. Price The price that the buyer agrees to pay for the property. Reservation Deposit 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 conducting the conditional auction. Reservation Fee 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. Reservation Form 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 to the buyer as further described in the conditions of reservation. Seller The person selling the property. If two or more are jointly the seller their obligations can be enforced against them jointly or against each of them separately. We (and us and our) The auctioneers. You (and your) Someone who bids on an auction, whether or not a buyer