INVESTMENT/DEVELOPMENT OPPORTUNITY subject to required Planning and Building permissions. Large plot of approximately 810sqm, comprising DETACHED 2 BED BUNGALOW of non-conventional construction, DETACHED 1 BED BUNGALOW & FURTHER DETACHED BUILDING.
Property Full Details
AUCTIONDETAILS This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000 including VAT, which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by IAM Sold. (Reservation Fee is in addition to the final negotiated selling price.)
DESCRIPTION Splendid investment/development opportunity subject to required Local Authority Planning Permission and Building regulation requirements. Occupying a generous plot of approximately 810sqm (969 sq yds), which comprises a Detached bungalow of non-conventional construction, having front entrance porch to hallway leading to Lounge, with Kitchen off, two double bedrooms and bathroom, extensive garden to the rear, generous parking area to the fore. Two additional buildings, No.1 Greyhound Hill a 1 Bedroom detached Bungalow, well presented throughout with rear enclosed courtyard garden and parking to the fore, with an occupying tenant in residence. No.2 Greyhound Hill, a detached building, (potential 1x Bedroom Bungalow, subject to relevant Local Authority Planning and building regulation Approval) with parking to the fore. Viewing by appointment only.
LOCATION Situated in the established residential locality of Ketley Bank with local district centre facilities available in the nearby Town of Oakengates. An excellent road network links the property to all parts of the Telford area including the modern range of shopping and leisure facilities available at Telford Town Centre.
PORCH7' 10" x 7' 08" (2.39m x 2.34m)
LOUNGE15' 02" x 13' 07" (4.62m x 4.14m)
KITCHEN9' 05" x 10' 03" (2.87m x 3.12m)
BEDROOMONE14' 11" x 11' 11" (4.55m x 3.63m)
BEDROOMTWO12' 05" x 10' 03" (3.78m x 3.12m)
BATHROOM5' 05" x 10' 02" (1.65m x 3.1m)
WC2' 11" x 4' 08" (0.89m x 1.42m)
LOUNGE10' 11" x 12' 10" (3.33m x 3.91m)
KITCHEN5' 05" x 10' 10" (1.65m x 3.3m)
BEDROOMONE5' 05" x 10' 05" (1.65m x 3.18m)
BATHROOM2' 11" x 7' 05" (0.89m x 2.26m)
ROOMONE9' 05" x 11' 01" (2.87m x 3.38m)
KITCHEN8' 11" x 7' 07" (2.72m x 2.31m)
ROOMTWO11' 09" x 8' 11" (3.58m x 2.72m)
BATHROOM8' 11" x 3' 03" (2.72m x 0.99m)
NOTE Greyhound Hiil 2 is suitable for conversion to residential use subject to relevant local planning and building regulation requirements
PLAN Not to scale.
ENERGYPERFORMANCECERTIFICATES The full energy performance certificate (EPC) is available for this property upon request.
TENURE We are advised that the property is Freehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. Vacant possession upon completion.
SERVICES We are advised that the property has Gas Central Heating, Mains Drainage and mains Water and Electricity. Barbers have not tested any apparatus, equipment, fittings, etc., or services to this property so cannot confirm that they are in working order or fit for the purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.
DIRECTIONS From Junction 6 off the M54 proceed towards Ketley Brook roundabout, take the 3rd exit onto Holyhead Road, at the roundabout take the 4th exit onto Mossey Green Way, turn left onto Bank Way, proceed along Bank Way merging onto Greyhound Hill.
LOCALAUTHORITY Telford & Wrekin Council Southwater Square, St Quentin Gate, Telford, Telford and Wrekin TF3 4EJ
VIEWING By arrangement with the Agents' office at 1 Church Street, Wellington, Shropshire TF1 1DD.
Tel: 01952 221200
METHODOFSALE Modern Method of Auction
AMLREGUALTIONS To ensure compliance with the latest Anti Money Laundering regulations all intending purchasers will be asked to produce identification documents prior to the issue of sale confirmation.
DISCLAIMER For clarification we wish to inform prospective purchasers that we have prepared these sales details as a general guide. We have not carried out a detailed survey nor tested the services, appliances, and specific fittings. Room sizes should not be relied upon for carpets and furnishings. The measurements given are approximate.