Bungalow
We are delighted to present this rare opportunity to acquire a property offering tremendous potential for redevelopment and improvement. The existing dwelling, extending to approximately 1,254 ft², together with around 1,158 ft² of timber-framed outbuildings, sits within a tranquil plot of about 0.59 acres. The property enjoys beautiful views across the Malvern Hills and surrounding countryside and is conveniently located close to the highly sought-after villages of Hanley Swan and Welland, Malvern.
The property requires full renovation, presenting an ideal project for those looking to create a bespoke home in a desirable rural setting. Informal discussions with the local authority suggest that the outbuilding volume may potentially be incorporated with the existing dwelling for development purposes. However, this would be subject to formal verification with the relevant local authority department, and no assumptions should be made regarding consent.
EPC rating: G
Electricity: Connected.
Water: Via an existing well (not tested).
Sewer: Via an existing septic tank (not tested).
These sales details are awaiting vendor approval.
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 under an Unconditional sale type.
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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers 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 Price
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.
