Hobs Moat Road, Solihull, B92 8JL

Location Description 91a Hobs Moat Road is situated in a well established and popular residential area of Solihull, within the B92 postcode, known for its excellent transport connections and strong rental demand. The property benefits from easy access to the A45 Coventry Road, providing direct routes into Birmingham City Centre, Solihull Town Centre and Birmingham International Airport, the NEC and Birmingham International Train Station, all of which are within a short drive. The surrounding area offers a wide range of local amenities including supermarkets, convenience stores, takeaways and retail parks, with Sheldon Shopping Centre and Touchwood Solihull also nearby. Several well regarded schools are within close proximity, further enhancing appeal to families and long term tenants. Frequent bus routes operate along Hobs Moat Road, making the location particularly attractive for commuters and investors seeking consistent tenant demand. Property Description Situated on the popular Hobs Moat Road, this spacious and well laid out three bedroom maisonette offers an excellent opportunity for both owner occupiers and buy to let investors alike. The property is offered chain free. The accommodation is arranged over two floors and provides generous living space throughout. The ground floor comprises a large reception room ideal for both relaxing and entertaining, a well proportioned fitted kitchen, entrance porch, useful storage cupboard and a ground floor WC. Upstairs, the property offers two generous double bedrooms, a further single bedroom/home office, and a modern family bathroom. With strong local rental demand, the property is expected to achieve approximately £1,000 per calendar month, representing an attractive circa 6% gross yield, making it a compelling investment opportunity. Conveniently located close to local shops, schools, transport links and Birmingham Airport / NEC, this property is well positioned for commuters and families alike. Early viewing is highly recommended to appreciate the space, layout and investment potential on offer. Auction Details Buy it now option available  Please call or visit GOTO Online Auctions for more information.  This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete 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 with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.   Please note this property is subject to an undisclosed Reserve Price which is typically 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 GOTO Auctions.   To book a viewing visit Black and Gold estate agents.  Auctioneer's Comments  This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.   The Buyer’s Premium 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 a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.  Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT and a Legal Pack fee of £396 including VAT. This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.  Buyer Fees  There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:  Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.  Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. Tenure We are advised that the property is Leasehold. It’s recommended that interested parties verify this information. The Consumer Protection Regulations 2008: Black & Golds Estate Agents have not tested any apparatus, equipment, fixtures and fittings or services, so cannot verify that they are connected, in working order or fit for the purpose. Black & Golds Estate Agents have not checked legal documents to verify the Freehold/Leasehold status of the property. The buyer is advised to obtain verification from their own solicitor or surveyor. References to the tenure of the property are based on information received from the seller, the Agent has not been given access to the title documents. A buyer is advised to obtain verification from their solicitor. Sales Particulars form no part of any sale contract. Any items shown in photographs are not included unless particularly specified as such in the sales particulars; interested buyers are advised to obtain verification of all legal and factual matters and information from their solicitor, licenced conveyancer or surveyor. PLANNING PERMISSION AND BUILDING REGULATIONS: It is the responsibility of Purchasers to verify if any planning permission and building regulations were obtained and adhered to for any works carried out to the property.