Land in Redditch

Land next to 144 Lodge Road and Union Street, Redditch, Worcestershire B98 7BP
  • Lot No: 24
  • Property Type: Land
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £90,000+ plus fees

Result Sold at Auction £165,000

Property Description

The site comprises a rectangular plot located next to 144 Lodge Road on the junction with Union Street, Redditch. The area comprises mainly residential dwellings with a recently developed Asda Superstore and B and Q opposite, along with residential developments within the area. Redditch Railway station and the Kingfisher Shopping Centre are both within approximately 0.6 miles. Redditch is well served by the M42 motorway and is approximately 16 miles South of Birmingham City Centre making it a sought after location. The site benefits from Outline consent for the creation of two - three bedroom residential dwellings. Interested parties are advised to inspect the legal pack and the Redditch Borough Council planning portal number 22/00468/OUT. Services are believed to be available within the vicinity of the site, however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their Specific requirement. The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 28th July 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

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Map

Land next to 144 Lodge Road and Union Street, Redditch, Worcestershire B98 7BP