Pulteney Drive, Stafford

Description

Detached house for refurbishment and updating together with a large extended rear garden with potential as a single building plot for a 4 or 5 bedroom house. (Subject to Planning)

Lot 1, House - Guide Price: £300,000

Lot 2. Garden - Guide Price: £50,000

Location

The property is located in an established residential area of Stafford comprising mostly private detached houses. There is good access to both the town centre and M6 Motorway (J14).

Planning & Supporting Information

The house and garden do not currently benefit from any form of planning consent for development. However our Client has commissioned an architect to draw up two indicative layouts for either a 4 bed or 5 bed house on the extended rear garden to the house. See Info pack.



NB: Whilst BJB will try and supply as much information as we can about the planning status of the land / property, please be mindful that we are not planning consultants and accordingly it is important that prospective purchasers ensure they have inspected the land / property and rely upon their own enquiries, assessments and due diligence with regards to the planning status and current or potential uses. All information is supplied in good faith and BJB cannot be held liable for any errors or omissions.

Potential Value - Existing House

The estimated potential value of the house, once refurbished and layout updated etc. and assuming that the extended garden is sold off is £500,000 - £550,000. Further information including comparable evidence is contained in the info pack.

Potential Value - New Build House

The estimated potential value of the potential new-build house, on the extended garden (Lot 2) is as follows:



4 Bed House; £450,000 - £500,000

5 Bed House; £500,000 - £550,000



Further information including comparable evidence is contained in the info pack.

Tenure

Freehold with vacant possession upon completion.

VAT.

All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated. As the current use of the land is wholly residential in nature, it is assumed that VAT will not be applicable. However, all interested parties should make their own enquiries to satisfy themselves with the VAT position.

Pre-action Offers

Pre-auction Offers are invited by 12.00 on Thursday 23rd May 2024. E-mail for details of how to submit your offer.

Common Auction Conditions

This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Admin Fee

A buyers administration fee of £1,000 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Addendum

Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

Internet, Telephone and Proxy Bidding

We are pleased to announce that we are now back in the Auction room at the Double Tree Hilton Hotel (Moat House). However, we also have the other bidding options available: On-Line / Telephone / By-Proxy. You will need to register in advance and provide two forms of ID. Register at or contact the Auction Team on or .

Legal Costs

Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.

Viewings

Strictly By Appointment with the BJB Land & New Homes Team

All Enquries

Paul G. Beardmore BSc MRICS

Land & New Homes Team

Looking for Residential Land?

Please note that not all residential development land will appear on our website. To ensure that you do not miss out on these opportunities please e-mail: residential- or call the Land & New Homes team to discuss your requirements.

Disclaimer

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.



Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.