Residential development opportunity in Redditch

533 Evesham Road, Redditch, B97 5JP

Guide price*

£450,000+

Plus fees

Sold Prior to auction, for an undisclosed amount

Lot No: 50
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Land/Development Residential Vacant

A Freehold Residential Development Opportunity comprising an existing four bedroomed house together with land to the rear having the benefit of Outline planning permission for the development of an additional 4 No. 3 bedroomed semi-detached houses

Property Description

The property currently comprises a four bedroomed detached house situated on a site extending to about 0.35 acres (0.14 Hectares) or thereabouts which is offered with the benefit of outline planning permission for the development of two pairs of 3 bedroomed semi-detached houses to the rear of the existing dwelling.

Location

The property is situated fronting onto Evesham Road in the Crabbs Cross district of Redditch about 2.5 miles to the south of the town centre.
Other centres such as Bromsgrove, Worcester and Birmingham are about 7.5, 18 and 16.5 miles respectively whilst train services are available from Redditch Railway Station which is about 2.25 miles distant.

Accommodation

The existing dwelling which was previously a public house and requires modernisation includes the following accommodation:-
Ground Floor: Porch, Hall, 3 Reception Rooms, Cloak Area and WC, Kitchen, Utility Room, Pantry and Consevatory.
First Floor: Landing, 4 Bedrooms and Bathroom.
The property has a gas central heating system and is partly double glazed.

Energy Performance Rating

E.

Tenure

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

Planning

We understand that Outline Planning Permission Ref. 20/00229/Out for ‘Outline application (all matters reserved for subsequent consideration) for the erection of 4 no. three bedroomed dwellings’ for development of land to the rear of the existing building was granted by Redditch Borough Council on 17th April 2020 subject to conditions.
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 may propose.

Services

Mains services are understood to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements.

Ground Conditions & Contamination

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

Plans/Aerial Photographs

Any plans 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, restrictive covenants etc. which may exist whether mentioned in these particulars or not.

Value Added Tax

We are informed that VAT is not chargeable on the property but for confirmation of this please refer to the Legal Pack.

Auctioneers Note

Please note offers may be considered prior to the Auction Sale.

Remote Bidding Auction

This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.

Viewings

Strictly by appointment with the Auctioneers.
DISCLAIMER

Bond Wolfe Auctions or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe Auctions are aware of will be published on the addendum, which is available within the lot information.

REMOTE BIDDING AUCTION

Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only.  You must pre-register to bid for each auction no later than 24 hours prior to the auction.  Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,440 inc VAT (£1,200.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for
the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Auction details:

Wednesday 9th December 2020 09:00AM

Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid no later than 12 Noon on Tuesday 8th December.

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Finance available on this property

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