Online Auction - 13th to 14th February 2024
Former Bank With Planning To Develop In To HMO
Brought to you in partnership with Ardent Homes.
*******Viewing dates to be announced*******
Introducing an exceptional property development opportunity in Congleton, Cheshire!
Formerly a distinguished bank, this property has now secured coveted planning permission for an impressive conversion into a modern and spacious 6-bedroom all en-suite House of Multiple Occupation (HMO). Positioned over three floors which include Basement, Ground & First.
Nestled within this sought-after locale, this property offers an exclusive opportunity to enter the vibrant HMO market. The prospective buyer has the ability to collaborate with an experienced construction partner and a proficient HMO management firm if needed. Details of which can be discussed on the open day or are available on request.
This property enjoys the advantage of having received planning & listed building consent in August 2023. Listed building consent application number (22/1218C). Planning permission application number (22/1216C).
This means that the path toward the transformation into a stunning 6-bedroom HMO has already been paved, saving you the time and effort typically required for obtaining such approvals. Seize the moment and step into a project that's ready to take shape, with the potential to reap rewards in both the short and long term.
The vendor has available profit & cost summaries, bank commercial valuation, projected build costs and has undertaken comparable due diligence to support the guide price. Details of which can be discussed on the open day or are available on request.
Buyers are advised to carry out their own enquires.
We advise all parties to make themselves aware of the planning permission / listed building consent and any subsequent conditions of the application prior to purchasing. All images & plans are not to scale and are for illustration purposes only.
Tenure: Freehold
Title number: CH406687 - the sale is a Transfer of Part of this title. See special pack
Council Tax Band : n/a
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Freehold
EPC Rating: D
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.