Property on 'upmarket' estate could be yours for just £3,000 – but there's a catch

A PROPERTY on an “upmarket” estate is on sale for just £3,000, but there is a significant catch.

What a buyer is actually paying for is not a home to live in but an alleyway which runs between two sets of houses in the town of Shirley, Solihull, West Midlands.

The piece of land is set to go under the hammer on May 26 with SDL Property Auctions.

It can be found between 22 to 24 and 26 to 28 Sandy Hill Road.

According to the advert, a key feature of the opportunity is that it is “freehold land" and "located within an upmarket residential estate".

The advert says: "The National Property Auction will be conducted behind closed doors.

Read More on Property

I’m a property expert and these are the four questions ALL homebuyers are asking

I was down to 99p after my husband cheated – I now run my own lettings business

“The auction will be live-streamed online with remote bidding only.

“Registration for bidding will close at 12pm the day before the auction."

It adds: "Please note, it is the land between the neighbouring houses that is being sold.

“Prospective buyers should refer to the uploaded photo of the title plan depicting the boundaries.

Most read in Money


Major shake-up to Universal Credit kicks in TODAY – what you need to know


McDonald’s is giving away breakfast and lunch meals for just 99p TODAY


Millions of workers to earn MORE money in new plan – will it affect you?


We have to rip down our 6ft fence – even though no one complained

“Those viewing the land are asked not to cross into neighbouring gardens, as these are not secured by fencing panels in some places."

The auction will begin at 10 am and is listed as unconditional with a fixed fee.

The listing continues: "If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end.

“You must then pay the applicable fees and deposit.

Read More on The Sun

Putin humiliated as Victory Day parade coverage HACKED with pro-Ukraine message

I bought a £99 Mystery Holiday – I ended up the most hated person on the flight

”You must complete the sale within 15 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise."

The sale is being advertised through Rightmove.

We pay for your stories!

Do you have a story for The Sun news desk?

Email us at [email protected] or call 0207 782 4104. You can WhatsApp us on 07423 720 250. We pay for videos too. Click here to upload yours

Click here to get The Sun newspaper delivered for FREE for the next six weeks.

    Source: Read Full Article