Residential development for sale

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Residential development for sale

The Old Hope Church, Laburnum Drive, Oswestry, SY11 2QR
£180,000

Our Summary

  • DescriptionThe property would lend itself to redevelopment for commercial/residential uses subject tot statutory consents and currently benefits from planning consent for conversion into a 22 bedroomed HMO under Planning Reference Number 22/05041/FUL
  • A viewing is strongly recommended to fully appreciate the potential of the property
  • Guide Price/Reserve£180,000 - £200,000 (One Hundred and Eighty thousands pounds to Two Hundred thousand pounds) (Exclusive) *Guides are provided as an indication of each seller’s minimum expectation 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 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
  • The property is offered for sale by public auction on Friday 29th of November at 3pm at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire, SY4 3DR
  • Method of SaleThe property is offered for sale by public auction on Friday 29th of November at 3pm at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire, SY4 3DR
  • Money Laundering RegulationsPLEASE NOTE that any person buying or bidding at auction MUST produce TWO forms of *identification documentation
  • Conditions of SalePlease note that the property is sold in accordance with the Common Auction Conditions [4th Edition March 2018] (a copy of which is included with the Legal Pack)

Description

The property, located on Laburnum Drive in Oswestry, is a traditional building with a total gross internal floor area of approximately 7,105 square feet. It currently has planning consent for conversion into a 22-bedroom HMO, but could also be redeveloped for commercial or residential uses subject to statutory consents. The property benefits from disabled access, a car forecourt area, and a total site area of 0.175 acres. It is situated in an established residential area, approximately one mile from Oswestry town center, and offers easy access to local amenities, the A5, A483, and A495. The property is being sold with vacant possession and has a guide price of £180,000-£200,000.
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