Our Summary

• An exciting opportunity to purchase a three-bedroom detached house in need of refurbishment, occupying a spacious plot of approximately 0
• The property offers excellent potential to extend in order to create a superb family home in the heart of Oldbury-on-Severn
• Alternatively, there may be scope for an additional dwelling (both subject to consents)
• An ideal opportunity for builders, developers and private buyers seeking a project
• For Sale By Auction - This property is due to feature in our online auction on 20 March 2025 at 6
• Summary - DETACHED HOUSE FOR RENOVATION ON A LARGE PLOT (APPROX
• 2 ACRES)Description - An exciting opportunity to purchase a three-bedroom detached house in need of refurbishment, occupying a spacious plot of approximately 0
• The property offers excellent scope to extend (subject to consents) in order to create a superb family home in the heart of Oldbury-on-Severn
• An ideal renovation project for builders, developers and private buyers seeking a project
• There is excellent scope to extend the property at the rear to provide an additional bedroom and living accommodation, subject to obtaining the necessary planning consents
• Auction Or Bridging Finance Required
• Contact the Auction Team today to be put through to our mortgage and loan experts on or email Buyer's Premium - Please be advised that all purchasers are subject to a £1,500 plus VAT (£1,800 inc VAT) buyer’s premium payable upon exchange of contracts
• They are not necessarily figures which a property will sell for and may change at any time prior to the auction
• Each property will be offered subject to Reserve Price (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
• Reserve Price - The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell
• Both the guide price and the reserve price can be subject to change up to and including the day of the auction
• Proxy, Telephone & Online Remote Bidding - The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid
• The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction
• Preliminary Deposits - The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:£1,000 - £150,000: £5,000£151,000 and above: £10,000If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 inc VAT) must be transferred to our client account within 24 hours of the auction sale
• If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days