• Sale by Modern Auction (T&Cs apply) +

• Subject to an undisclosed Reserve Price +

• Buyers fees apply +

• A DEVELOPMENT OPPORTUNITY WITH POTENTIAL TO CREATE 5 APARTMENTS +

• Chain free +

• Close to Wolverhampton City Centre +

• Commercial unit granted +

• Five apartments granted +

SUMMARY
"A DEVELOPMENT OPPORTUNITY FOR 5 APARTMENTS"
Comprising of a 1 bedroom flat, a 2 bedroom flat and 3 studio apartments with a retail unit underneath. Additionally there is outlined planning permission for parking to rear. Reference number is 22/00916/FUL

DESCRIPTION
Connells Wolverhampton bring to the market this development opportunity which consists of five apartments and a shop unit. Outline planning permission has been granted for a one bedroom flat, a two bedroom flat and three studio apartments with parking to rear. Additionally there has been permission granted for a ground floor shop making this an ideal development and investment opportunity for the correct buyer.

Please contact Connells to book a viewing.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Location And Area 
Set to the south west of Wolverhampton City centre in the Penn Fields area, this property is ideally placed for access to Wolverhampton rail station, Birmingham New Road and the A449 route for commuting links.

Agents Note 
Due to the property condition please be advised to enter at your own risk.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.