Residential development for sale

A period property, believed to be the original 'Vicarage' more recently converted into a licensed (now expired) 11 bedroom HMO. Built of brick elevations with decorative brick eaves details and hipped gable ends, the property is arranged over two floors and comprises a mixture of single rooms, some of which have their own kitchenette and bathroom. The property now requires refurbishment and modernisation and as such is being sold with vacant possession. There are well proportioned gardens to the front and rear with the majority of the rear garden serving as parking. There are also two large garages to the rear, each of which can accommodate 4 cars, which could potentially be converted into additional living accommodation, subject to planning.

Location - The property occupies an enviable position on The Avenue, opposite fine residences backing onto the Mere and is immediately adjacent to Saint Mary Magdalene church.
Although positioned in a quiet and private location the centre of Alsager is only 300 yards, within which a wide range of shops and restaurants are located. Alsager, with a 2011 population of
11,775, is a popular town with excellent transport links to Crewe, Junction 16 of the M6 and Stoke-on-Trent whilst at the same time being surrounded by open countryside.

Vat - The sale price is not subject to VAT

Tenure - Available freehold, subject to contract and with vacant possession upon completion.

Services - All mains services are connected. Gas fired central heating installed. Please note that no services have been tested by the agents.

Planning Permission - We understand that the property has a C4 (House in Multiple Occupation), although interested parties need to satisfy themselves that the property has got the appropriate planning in place.

Redevelopment Opportunity - House prices along The Avenue, range from £2,520 per square metre to £2,720 per square metre, with an average of £2,620 per square metre. If the property was refurbished and sold as a detached house and achieved the above average it would generate a Gross Development Value of circa £740,000.

Accommodation - Ground floor: (Sq Ft)
Entrance hall: 8'9"×18'3" 160
Room 7: 14'6"×19'6 283
Room 8: 14'9"×16'9" 247
Kitchen area: 8'6"×5'6" 47
Room 9: 17'0"×12'6" 213
Room 10: 17'3"×12'6" 216
Kitchen: 8'0"× 6'9" 54
Shared WC: 4'3"×8'9" 38
Total: 1,532
First floor:
Room 6: 13'6"× 12'3" 165
Kitchen: 5'6"× 8'6" 47
Room 5: 17'6"×13'3" 232
Room 4: 17'6"×13'3" 232
Kitchen: 5'9"×8'6" 49
Room 2: 14'9"×14'6" 214
Room 1: 8'9"×11'9" 103
WC: 10'3"× 3'0" 31
Bathroom 1: 9'9"×10'3" 100
Bathroom 2: 8'9"×10'9" 94
Total: 1,497

Total GIA: 3,029 Sq.Ft. (282 m²)

Council Tax - The whole property has a single council tax (Band G) assessment. Council tax payable £3,576 per annum (24/25).

Anti Money Laundering Regulations - In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the
responsibility of the applicant. Where appropriate we will also need to see proof of funds.