Residential Development in Rowley Regis
The Old Cottage, Yew Tree Lane, Rowley Regis, West Midlands B65 8BX
- Lot No: 20
- Property Type: Residential Development
- Contract Type: Unconditional with Variable Fee
Guide Price* £50,000+ plus fees
Result Sold at Auction £55,000
Property Description
The building comprises a detached two storey one bedroomed cottage with gated off road parking along with a workshop benefitting from a roller shutter and currently used as a furniture business. The workshop extends to approximately 1,200 sq.ft. The cottage has not been used for many years and we would advise interested parties to make enquiries regarding re-instating residential use. We feel the site could be converted into two semi-detached cottages subject to obtaining appropriate planning consent.
Location
The building is located within a up market housing estate located approximately a mile from Halesowen Town centre and Old Hill Train station giving good access into Birmingham City Centre
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 29th October 2020
Venue National Property Auction - Day 1 (Residential)
The National Property Auction (Residential) will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. 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
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