Land

A unique development opportunity in a popular residential area with Full Planning Permission (P22/1027) for a three bedroom, three bathroom detached house offered For Sale by way of The Modern Method of Auction.The site is adjacent to 150 High Street, Sedgley and is a 735sqm (approximately). Ordnance Survey maps reveal the site was in residential use up to the late 1970's before the dwelling on the site was demolished. The land is now fenced off from 150 High Street and consists of well-kept grassed areas.The site is predominantly residential in character, with 150 High Street being adetached two storey property and 152 High Street containing a hairdressingsalon at ground floor. Immediately to the south is Mount Pleasant publichouse and there are residential properties opposite. To the rear is a BowlingGreen, associated with Sedgley Ex Servicemen's Club to the south east.This proposal is for the erection of 1no three bedroom (plus study) detacheddwelling. It would front onto and have vehicular access to High Street. It wouldbe provided with off street parking to the front with some modest landscaping.It would benefit from a private garden area to the rear.Internally, it would be provided with open place dining room/kitchen; living room and WC on the ground floor and two bedrooms; a study and bathroom at first floor and a further bedroom within the roof space. The proposed dwelling would be finished in facing brickwork, with a tiled roofand UPVC windows and doors.The property would be afforded two off street car parking spaces.Skitts Estate Agents have not taken measurements or carried out ground tests and any intending buyer should satisfy themselves in this regard prior to any legal or financial commitment. Any measurements provided are approximately and should be confirmed by your Legal Representative.Auctioneer Comments. This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.