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Castle Street, Trowbridge BA14 Land for sale
Castle Street, Trowbridge
£150,000
Castle Street, Trowbridge
£150,000
Our Summary
- Investment opportunity with potential rental income of about £60,000pa
- Online Auction - In order to bid at Strakers Online Auctions, you will first need to create an account by providing your contact details
- You will be asked to read and accept our Online Auction Terms and Conditions
- When the auction opens at 8am the day of the auction, you will be able to place bids in line with the pre-determined bid increment levels, using the bid increase (+) and decrease (-) buttons provided
- Legal Pack - You can download or pre-register for the legal packs via our website by using the ‘Menu’ at the top of the page and selecting ‘Auctions’, then ‘Current Auction’
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
- + Fees - If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit (minimum £3,000) and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above
Description
This development site in Trowbridge, Wiltshire, is up for sale by online auction with a guide price of £150,000+. The site has consent for the construction of a block of six 1-2 bedroom flats, with the 2-bedroom flats measuring approximately 581 square feet and the 1-bedroom flats measuring approximately 403 square feet. Each flat will have a bike store and a small garden for the ground-floor flats. The site is located within walking distance of the town center and has potential rental income of around £60,000 per annum. Trowbridge is a thriving town with a range of amenities, including supermarkets, retail outlets, swimming pool, sports centers, library, doctors and dental surgeries, cinema complex, and a mainline railway station providing direct access to Bath, Bristol, and London. The World Heritage City of Bath is also nearby, offering a range of amenities and attractions. The site is being sold with the benefit of planning consent, which was granted in May 2023, and a further application was approved in August 2024. Viewings can be arranged at any time, and online bidding will take place on Thursday, April 3rd, 2025.