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Russell Street, Leek ST13 2 bed terraced house for sale

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Russell Street, Leek ST13 2 bed terraced house for sale

31 Russell Street, Leek, Staffordshire, ST13 5JF
£45,000

Our Summary

  • Guide Price £45,000+ * Plus 5% Buyers Premium + VATFor sale by unconditional online auction
  • To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
  • uk FOR SALE BY ONLINE PUBLIC AUCTION
  • FORMER RETAIL UNIT WITH PLANNING PERMISSION FOR CONVERSION TO RESIDENTIAL
  • FANTASTIC INVESTMENT / DEVELOPMENT OPPORTUNITY
  • Town & Country Property Auctions are pleased to offer to the market for sale by unconditional online public auction this vacant former retail unit with planning permission for conversion to a residential home
  • The property has previously been used as retail but has planning approval (SMD/2024/0379) for conversion to a two-bedroom terraced dwelling
  • The property requires full renovation
  • However, this presents an opportunity for investors to develop the property into a commercial space within a prominent part of the town, or, alternatively to convert into residential accommodation
  • 56m)Viewings are available to serious prospective purchasers who are able to demonstrate that they are proceedable under auction conditions
  • The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
  • Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
  • All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
  • To make a pre-auction offer we will require two forms of ID,
  • DEVELOPMENT OPPORTUNITY
  • FOR SALE BY AUCTION
  • INVESTMENT OPPORTUNITY
  • REQUIRES RENOVATION

Description

This former retail unit in a great location is being sold by unconditional online auction, offering a fantastic investment or development opportunity. The property has planning permission to convert it into a two-bedroom residential home, providing a blank canvas for renovation. The unit requires full renovation, but this presents a chance to develop a commercial space or residential accommodation. The property has a lounge, two bedrooms, shower room, and a basement store kitchen. Viewings are available to serious prospective buyers who can demonstrate their proceedability under auction conditions. The buyer will pay a 5% deposit and a 5%+VAT buyer's premium, with contracts exchanging 28 days following the auction. The seller may consider pre-auction offers prior to the auction date, which will be subject to the same auction conditions.