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Strathearn, Western Road, Hagley, Stourbridge, DY9 0HZ

Unsold, the last bid was for £780,000. Please refer to Auctioneer for Reserve.
 

Guide Price £900,000-£1,000,000 plus fees


Thursday 1st May 2014

11.00am
Key Features
A Freehold Residential Development Opportunity on a site extending to about 1.0 Acre (0.4 hectares), with the principle of Residential Development established by Outline Planning Permission and currently including a Substantial 6 Bedroom Detached House
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Unsold, the last bid was for £780,000. Please refer to Auctioneer for Reserve.

property

Ground Conditions & Contamination

Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use or purpose they may propose.

Location

The property is situated off Western Road, within the popular village of Hagley, to the south west of the West Midlands conurbation and with easy access to the Clent Hills which are about a mile distant. Local retail and community facilities are available in Hagley village centre which is about ½ a mile away and local rail services are available from Hagley Railway Station which is about a mile. Business centres such as Stourbridge, Kidderminster, Bromsgrove and Birmingham are about 3, 5 ½, 7 ½ and 12 miles respectively and Junction 4 of the M5 Motorway is about 5 miles.

Planning

We understand that Outline Planning Permission for Residential development for up to 70 No. dwellings with access and associated infrastructure, has been granted, subject to Conditions and a Section 106 Agreement, for the development of land of which this site is part. We further understand that it is anticipated that the element of this site comprising this lot may be suitable for redevelopment to provide up to 10 No. dwellings subject to obtaining any necessary consents.
Further information will be available in the legal pack but interested parties must also make their own enquiries of the Local Planning Authority (Bromsgrove District Council) and independently satisfy themselves as to Planning and the suitability of the property for any use or development they propose.

Plans

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

Property Description

The property currently comprises a substantial 6 bedroom, 4 reception room, detached house situated on a site of about 1.0 acre (0.4 Hectares) or thereabouts for which outline planning permission has been granted, in conjunction with certain additional land, not forming part of this Lot, for residential development.

Property Type

Land & Development Opportunities & Garages

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

The property is sold subject to, or with the benefit of any rights of wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not

Services

Mains services are understood to currently be available in the vicinity of the property but prospective purchasers must independently satisfy themselves as to the availability of suitable services to provide for any particular requirement or the development they propose.
We are also informed that in conjunction with the development of adjoining land the developer is proposing to make certain infrastructure provision to reconfigure the access and facilitate the redevelopment of this property to provide up to 10 No. dwellings. For further information in this regard please refer to the legal pack.

Site Area

The gross site area extends to about 1.0 acres (0.4 hectares) or thereabouts, as shown approximately edged red on the site plan for identification purposes only.

Tag Line

A Freehold Residential Development Opportunity on a site extending to about 1.0 Acre (0.4 hectares), with the principle of Residential Development established by Outline Planning Permission and currently including a Substantial 6 Bedroom Detached House

Tenure

We understand that the property is freehold and vacant possession will be available on completion. For further information in respect of tenure and other legal aspects and requirements please refer to the legal pack.

Value Added Tax

We are informed that VAT will not be charged on the sale price.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Colin Totney on 0121 237 4850.

Tenure: