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Land, in Madeira Road, £650,000
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Land

Madeira Road, Poole BH14
Auction Land Planning
£650,000

Our Summary

  • With Planning Permission To Convert To C3 Usage
  • Pre Auction Offers Considered
  • Auction Pack Available On Request
  • Planning Permission To Convert To C3 Usage
  • ** For Sale By Online Auction** Pre Auction Offers Considered** A rare chance to acquire a centrally located property with granted planning permission for conversion into 12 residential flats
  • 1A Madeira Road presents a compelling opportunity for developers and investors
  • Formerly operating as a dental practice, the building now benefits from full planning permission for conversion into x7 2 beds, x4 1 beds and a studio, offering a clear and ready to deliver development pathway
  • The existing structure provides a solid foundation for redevelopment, with generous window frontage, ground floor access, and a layout that lends itself well to residential reconfiguration
  • Traditional Terms & Conditions - This property is for sale via Online Auction
  • This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
  • The auction will run for 3 hours on a set date and time chosen by the vendor of the property
  • The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
  • Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
  • The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
  • Properties may be sold prior to public auction if an offer is accepted by the vendors
  • **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
  • **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold

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Description

The property is a centrally located building on Madeira Road with granted planning permission for conversion into 12 residential flats. The building is situated a short walk from Poole town centre and its layout lends itself well to residential reconfiguration. The existing structure features generous window frontage, ground floor access, and could be redeveloped into 7 two-bedroom, 4 one-bedroom, and 1 studio flats.

The property offers a solid foundation for redevelopment due to its existing layout and window frontage.