Whitehouse Lane, Codsall
Wolverhampton,
Staffordshire, WV8 1QG
Auction Guide Price £165,000

A rare and fabulous development opportunity to convert this derelict barn set in a semi-rural location but having the convenience of being placed close to the amenities of Codsall village. Surrounded by views towards open fields with planning permission approved for three bedrooms, two bathrooms, a study and a one bed annexe complimented by an 'open plan' kitchen/living area and shower room.
EPC N/A

REF - 23/00063/VAR

https://planning.sstaffs.gov.uk/online-applications/applicationDetails.do?keyVal=RPR730OXL2800&activeTab=summary

KEY FEATURES

• • For Sale by Modern Auction – T & C’s apply
• • Subject to Reserve Price
• • Buyers fees apply
• • The Modern Method of Auction

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.