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Oakleaves House, Wood Lane, Arley, Coventry, CV7 8GG

Lot no: 41 Withdrawn Post
 

Guide Price in excess of £500,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 6th September 2018

10.30am
Key Features
  • A Substantial Vacant Freehold 3 Bedroom detached dormer bungalow situated on a site of about 0.6 Acres (0.25 Hectares
  • or thereabouts and may have potential for extension/development subject to obtaining Planning Permission and any other necessary consents
  • EPC Rating: D
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Withdrawn Post

Bungalow

Property Description:

The property comprises a substantial detached 3 No. bedroomed dormer bungalow, together with a large adjoining two car garage and workshop to one side. It is situated on a site of about 0.6 Acres (0.25Hectares) or thereabouts, which is understood to be located within the Green Belt.
The accommodation in the existing property includes:
Ground Floor: Porch, Hall, Lounge, Dining Room, Conservatory, Bedroom, Bathroom, Kitchen & Utility Room.
First Floor: Landing, 2 No. Bedrooms & Bathroom.
Outside: Two Car Garage with adjoining workshop and outside WC together with extensive garden area.

The existing Bungalow benefits from gas fired central heating and UPVC double glazing.

Tenure

We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.

Location

The property is situated off Wood Lane, close to its junction with Devitts Green Lane/Woodside, about 0.5 miles West of Old Arley village centre.

Plans & Aerial Photographs

Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Rights of Way, Wayleaves, Easements, Restrictive Covenants etc.

The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.

We also understand that in conjunction with others, the property has the benefit of certain access rights over the trackway to the north. For clarification in this regard, please refer to the legal pack.

Town Planning

The property is situated in Arley and any planning enquiries should be directed to Local Planning Authority, North Warwickshire District Council.

Interested parties must make their own enquiries of the Local Planning Authority in respect of planning and independently satisfy themselves as to the suitability of the site for any development or use they propose.

Viewings

Strictly by arrangement with the Auctioneers.

Joint Agents

Waters & Co.

Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.