fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Land North of Kinlet View, Bridgnorth Road, Highley, Bridgnorth, Shropshire WV16 6ES

Lot no: 31 Sold at Auction for £55,000
 

Guide Price £55,000+ 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 13th February 2020

11.30am
Key Features
  • Residential development opportunity
  • Planning permission granted
  • Within an area of new build development
  • EPC Rating: N/A
Add to favourites
Sold at Auction for £55,000

Residential Development

Property Description:

The site comprises an irregular shaped plot of land with access via a gate along Woodhill Road. The site is relatively flat with easy access sitting behind a hedge within an area of new build development. The current planning consent is for the creation of a three bedroomed detached house with creation of an access point opposite Kinlet View.

We feel there may be scope to alter the plans for the creation of two semi-detached properties subject to planning approval. We estimate current GDV in the region of £250,000. For more information we advise interested parties to Application reference 17/02273/FUL along with downloading the legal pack.

Planning Details:

Planning permission has been granted by Shropshire Council for the erection of a detached dwelling dated 1 February 2018 under reference 17/02273/FUL. Enquiries should be directed to the Local Authority Tel: 0345 678 9004.

Location:

The site is located in Wishley which has seen the development of a number of new build properties over the past few years, feeding the growing demand from Bridgnorth and surrounding villages. The site fronts Woodhill Road and can be easily accessed.

Services:

Services are believed to be available within the vicinity of the site; however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their specific requirement.

Value Added Tax:

We are advised that VAT will not be chargeable on this transaction.

Viewings:

The site is open for viewings

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

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

Freehold.


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.