A rare opportunity to acquire a two bedroom Victorian home situated in Studley, ideal for investors or first time buyers.

• Charming period features
• Convenient village location
• Ideal investment opportunity
• Ripe for renovation
• Two double bedrooms
• Front and rear gardens

4 Birmingham Road is a lovely property which has the potential to become a perfect family home.
The property is approached via a paved path leading up to the front door and side gate accessing the rear garden.

To the front is a lawned garden which could be converted into off street parking if the relevant planning permission was granted by the local authority to drop the kerb.
The accommodation within is pleasantly light and spacious and would benefit from being updated throughout.

On the ground floor is a reception room, a dining room and a kitchen on the ground floor. Upstairs, there are two double bedrooms and a sizeable family bathroom.

Outside, there is a partially paved garden to the front and a private enclosed garden at the rear including a brick-built outbuilding.


Entrance
As you enter the property you are greeted by an entrance hallway featuring a staircase rising to the first floor and a door accessing the front reception room.


Reception room
The light and spacious reception room has a large bay window to the front aspect, a feature fireplace with an arched alcove to one side and a door accessing the dining room.


Dining room
Situated to the rear of the property is a dining room, with tiled flooring, built-in storage within the arched alcove and sliding patio doors to the rear garden.


Kitchen
From the dining room, there is an opening through to the kitchen, which has wall units with work surfaces incorporating a stainless-steel sink with a drainer. The kitchen also houses the boiler, has tiling to the splashbacks, space and plumbing under the counter for appliances and a window to the rear elevation.


Bedrooms
Bedroom one is a spacious double room including an ornamental fireplace, a sizeable built-in storage cupboard and a window to the front aspect. The second bedroom is a double room situated to the rear of the property, with an ornamental fireplace and pleasant views over the rear garden.


Bathroom
Completing the first-floor accommodation is a pleasingly spacious family bathroom comprising a WC, a washbasin, a bath with shower over, tiling to the splashbacks, a storage cupboard and a window to the rear.


Garden
The private rear garden has immense potential to become an excellent family-friendly garden once tidied up. The garden also includes a brick-built outbuilding, which with a little TLC could become a useful storage space, a workshop or a potting shed.


Agents note
There is currently no parking available at this property. There could be the potential to create a parking space by dropping the kerb, subject to the usual consents being granted.


Services
The property has mains gas, mains electricity, mains water and mains drainage.
Council tax band - C

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, will be payable by the Buyer to Andrew Grant Sales Limited prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract. This fee will be reimbursed upon Exchange of contracts.

The fee will be retained by Andrew Grant Sales Ltd to cover costs in the event the Buyer withdraws from the purchase or doesn't Exchange within 6 months of the fee being received other than for any of the following reasons:   

1. Any significant material issues highlighted in a survey that were not evident or drawn to the attention of you the buyer prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title. 
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.  
4. The vendor withdrawing the property from sale.

The reservation fee levels are as follows:
an agreed offer under £500,000 will be £750 inclusive of vat
an agreed offer between £500,000 and £1,000,000 will be £2,000 inclusive of vat
all agreed offers over £1,000,000 will be £3,000 inclusive of vat

The reservation fee is payable upon acceptance by the vendor of an offer from the buyer and a positive completion of an assessment of the buyer’s financial status and ability to proceed. Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason not covered in points 1 to 4 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above. 

Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.