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Residential Development Opportunity - For Sale by Mortgagees Not in Possession
Situated in the highly regarded area of Edgbaston on the periphery of the city, this redevelopment opportunity comprises a detached property on which development has ceased. Set on approximately half an acre, with a 37 metre frontage. The property was in the process of full redevelopment but is currently offered for sale as a mere shell as there is no roof or internal fittings. The original dwelling was set on three floors and covered approximately 6,000 sq ft. The opportunity presents itself to a discerning purchaser and offers an incredible development opportunity. The property has not been inspected by the Auctioneers and no viewings will take place but we understand that the former accommodation comprised two sitting rooms, snug, kitchen, utility room, six bedrooms and two family bathrooms. Planning was granted on 11th August 2017 for the demolition of the existing building and erection of replacement under application 2017/03155/PA. Potential purchasers are advised to take their own advice on the status of this application.
Tenure
Freehold
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Birmingham City Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1,200 inc vat
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.