Land For Sale £1,000,000
An outstanding opportunity to acquire a development site in a prime location. For sale by Modern Method of Auction: Starting Bid Price £1,000,000 plus Reservation Fee.
Planning permission was granted in September 2021 (pap/2021/0187) for the erection of 3 x four bedroomed detached houses and garages and retention of the existing four bedroomed detached guest house.
Extending to just under a fifth of a hectare, the site is well screened and superbly situated for commuting via the excellent surrounding road network including the A5, M42, A444 and the national motorway network.
The guest house we believe was built in the early 1900's as two cottages and converted in the 1960's to one dwelling. The current owners have sympathetically and thoughtfully developed the house and gardens and improved it throughout. It has until recent times been used as a guest house.
Two of the new plots will be situated on the right hand side of the site at right angles to the road with the third plot situated to the left hand side of the site fronting the road.
The site is fully serviced with all mains amenities and the planning permission briefly comprises -
plot one Reception hall with fitted guest cloakroom, lounge, study, open plan family room / dining room / fitted kitchen and a utility room. The first floor briefly comprises a master bedroom with dressing room and en-suite bathroom, second bedroom with en-suite shower room, two further bedrooms and family bathroom. Outside there will be established gardens together with garage and two car driveway.
Plot two L shaped reception hall with fitted guest cloakroom, lounge, dining room, open plan family room / fitted kitchen and utility room. The first floor will provide a master bedroom with en-suite shower room, three further bedrooms and family bathroom. Outside there will be a garage, two car driveway and gardens.
Plot three Entrance hall, fitted cloakroom, lounge, dining kitchen and utility room. The first floor will provide a landing, bedroom one with en-suite shower room, 3 further bedrooms and family bathroom. Outside there will be one allocated car parking space, garage and gardens.
The Chestnuts briefly comprises a detached house providing a reception hall, wet room, lounge, dining room, superb breakfast kitchen, utility room, study and office to the ground floor. The first floor providing four bedrooms all with en-suite's and master bedroom also with dressing room. The house currently has extensive garaging and office/stable room but when the development is completed will retain two parking spaces and two garages together with gardens.
Council Tax Band E - North Warwickshire Borough Council
fixtures and fittings as per sales particulars.
Tenure
The Agent understands that the property is freehold. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.
Green and company has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitor or Surveyor. Please note that all measurements are approximate.
This property is for sale by Green & Company Ltd powered by iamsold Ltd.
The property is for sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and the Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Planning permission was granted in September 2021 (pap/2021/0187) for the erection of 3 x four bedroomed detached houses and garages and retention of the existing four bedroomed detached guest house.
Extending to just under a fifth of a hectare, the site is well screened and superbly situated for commuting via the excellent surrounding road network including the A5, M42, A444 and the national motorway network.
The guest house we believe was built in the early 1900's as two cottages and converted in the 1960's to one dwelling. The current owners have sympathetically and thoughtfully developed the house and gardens and improved it throughout. It has until recent times been used as a guest house.
Two of the new plots will be situated on the right hand side of the site at right angles to the road with the third plot situated to the left hand side of the site fronting the road.
The site is fully serviced with all mains amenities and the planning permission briefly comprises -
plot one Reception hall with fitted guest cloakroom, lounge, study, open plan family room / dining room / fitted kitchen and a utility room. The first floor briefly comprises a master bedroom with dressing room and en-suite bathroom, second bedroom with en-suite shower room, two further bedrooms and family bathroom. Outside there will be established gardens together with garage and two car driveway.
Plot two L shaped reception hall with fitted guest cloakroom, lounge, dining room, open plan family room / fitted kitchen and utility room. The first floor will provide a master bedroom with en-suite shower room, three further bedrooms and family bathroom. Outside there will be a garage, two car driveway and gardens.
Plot three Entrance hall, fitted cloakroom, lounge, dining kitchen and utility room. The first floor will provide a landing, bedroom one with en-suite shower room, 3 further bedrooms and family bathroom. Outside there will be one allocated car parking space, garage and gardens.
The Chestnuts briefly comprises a detached house providing a reception hall, wet room, lounge, dining room, superb breakfast kitchen, utility room, study and office to the ground floor. The first floor providing four bedrooms all with en-suite's and master bedroom also with dressing room. The house currently has extensive garaging and office/stable room but when the development is completed will retain two parking spaces and two garages together with gardens.
Council Tax Band E - North Warwickshire Borough Council
fixtures and fittings as per sales particulars.
Tenure
The Agent understands that the property is freehold. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.
Green and company has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitor or Surveyor. Please note that all measurements are approximate.
This property is for sale by Green & Company Ltd powered by iamsold Ltd.
The property is for sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and the Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
