The Coach House, Rear of 75-77 Tettenhall Road, Wolverhampton, WV3 9NE

Residential development opportunity in Wolverhampton

Guide price*

£75,000+

Plus fees

Sold for £77,500

Lot 106 Commercial Vacant Land/Development
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Auction details:

Thursday 26th October 2023 @ 09:00AM

A Vacant Freehold Residential Development Opportunity comprising a former Coach House for which planning permission was granted for its conversion to a two bedroom dwelling

Property Description

The property comprises a former Coach House for which planning permission has been granted for conversion to provide a two bedroom dwelling.

Location

The property is conveniently situated off Haden Hill and to the rear of 75-77 Tettenhall Road in a predominantly residential locality about 0.75 miles to the west of Wolverhampton City Centre.
Other centres such as Dudley, Walsall and Telford are about 7.5, 8 and 19.5 miles respectively whilst the national motorway network can be accessed via Junction 2 of the M54 Motorway which is approximately 4 miles distant.

Energy Performance Rating

See legal pack.

Tenure

We understand that the property is Freehold, however further information in respect of tenure and any other legal aspects, including certain rights of access benefiting the property will be available within the the legal pack.

Planning

We understand that planning permission (Ref 18/00430/FUL) for ‘Conversion of redundant Workshop and Stores to a two-bedroom dwelling including new garden walls’ was granted by City of Wolverhampton Council on 21st June 2018 subject to conditions. We are informed that works were subsequently undertaken to implement this permission within the permitted time period. Interested parties must however make their own enquiries of the Local Planning Authority in respect of planning and independently satisfy themselves as to the satisfactory implementation of the Planning Permission and as to the suitability of the property and site for any use or development they may propose.

Services

Certain mains services are believed 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 relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.

Plans/Aerial Photographs

Any plans or aerial photographs 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, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.

Value Added Tax

For clarification in respect of whether or not VAT will be chargeable on the purchase price please refer to the Legal Pack.

Auctioneer's Note

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

Viewings

External viewings only.
DISCLAIMER

Bond Wolfe 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 include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

LIVE-STREAMED AUCTION

Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day 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 £2,160 inc VAT (£1,800.00 + 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 has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. 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.

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