The property which requires refurbishment throughout has the benefit of planning permission to sub-divide it to create two houses, one being a 5 Bedroom house with a 1 bedroom self-contained annex and one being a 6 bedroom house. The property currently comprises a substantial detached house with the existing accommodation ranging over four floors including the attic together with a basement which is accessed via a driveway from Otherton Lane.
We understand that the building is Grade II Listed and that Planning Permission Ref. 19/00502/FUL for ‘Subdivision of a Grade II Listed dwelling to create two dwellings, involving external and internal works as per the Heritage Statement’ together with Listed Building Consent Ref. 19/00503/LBC were granted by South Staffordshire Council 24th April 2020.
The property is situated in the village of Otherton, in South Staffordshire, about 1.5 miles to the south east of Penkridge with The Farmhouse itself being located off Otherton Lane.
Energy Performance Rating
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Auctioneers Note
The deposit for exchange of contracts on this property is 10% subject to a minimum of £10,000.
The completion period for this property is 8 weeks (56 days)
Starting Bid and Reserve Price
*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property. If the property is currently occupied during the term of the auction but is to be sold with vacant possession, the auctioneer and selling agent take no responsibility if the property is not vacated on or before completion.