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3 bedroom property for sale

Northfield Terrace, Cheltenham, Goucestershire

Guide Price* £200,000

Property Description

Key features

  • Staircase Hall
  • Drawing Room
  • Dining Room
  • Kitchen
  • Cellar
  • Three Bedrooms
  • Bathroom
  • Garden Room, Utility & Cloakroom
  • Small Garden & Parking

Full description

******SOLD BY PUBLIC AUCTION****** An elegant Grade II listed detached house situated in the centre of town and in need of complete restoration. SOLD by Public Auction Wednesday 7th December 2016

Directions - Formosa House is situated on the junction of Northfield Terrace and North Place, which is approached off the main A46/A4019.
The post code of Formosa House is GL50 4JJ.

Location - Formosa House is situated in the centre of Cheltenham. It is a short walk from the shops, restaurants and cinema.

Cheltenham is an important commercial and cultural centre and is well regarded for its schools, shopping, together with its Theatre and Cinema, various festivals and an excellent range of hostelries and restaurants. There is a main line station with a service to London Paddington via Swindon. Cheltenham is situated close to the M5 motorway, which provides access to Worcester and the Midlands to the north and Gloucester and Bristol to the south.

Council Tax - Band C
Rates payable for 2016/2017 £1,365.72

Local Authority - Cheltenham Borough Council, Municipal Offices, Promenade, Cheltenham, Gloucestershire, GL50 9SA.
Tel: 01242 262626

Planning - Formosa House is listed Grade II and situated in the Central Cheltenham Conservation Area. The property fronts Northfield Terrace and backs on to a large car park/open space. Planning permission has been granted for a substantial development.
Reference: 12/01612/FUL - Full details are available on the Cheltenham Borough Council's Planning Portal.

Services - We understand that mains water, electricity and drainage are connected to the property. Please Note that we have not tested any equipment, appliances or services in this property. Prospective purchasers are advised to commission appropriate investigations prior to formulating their offer to purchase.

Prospective Purchasers - Parties interested in purchasing Formosa House are advised to register an interest with the agents prior to the auction so that they may be advised of any variations or updates.

Reserve Price - Formosa House will be offered for sale subject to an undisclosed Reserve and the Vendors retain the right for the Auctioneers to bid on their behalf up to the Reserve Price. The Vendors also reserve the right to sell or withdraw the property prior to auction.

Money Laundering - The successful purchaser may be required to provide proof of identity to satisfy the Money Laundering Regulations.

Administration Fee - The successful purchaser will be liable for an administration charge of £450 plus VAT, payable to Tayler and Fletcher.

Completion - On the fall of the hammer, the purchaser will be required to sign the contract in the sale room and pay ten percent deposit by cheque or bankers draft (not cash). Completion will be 28 days thereafter or earlier by mutual agreement, when the balance of purchase monies are due.

Place Of Sale - To be held at the North Cotswold Auction Rooms, Bourton-on-the-Water, Gloucestershire, GL54 2AR on Wednesday 7th December 2016 at 6pm.

Vendor's Solicitor - DF Legal, 63 High Street, Tewkesbury, Gloucestershire, GL20 5BJ.
Tel: 01684 850750
(Mr. Derek Cook)

Special Conditions Of Sale - These will be available for inspection at the Vendor's Solicitors office and the Stow-on-the-Wold office of the Auctioneers, during normal office hours for fourteen days prior to the Auction Sale. They will not be read out at the Auction. It will be assumed that the purchaser has bid with full knowledge of such conditions of sale whether in fact he or she has inspected the same or not.

Description - Formosa House is a Grade II listed detached property constructed of rendered elevations under a slate roof. It has an attractive front facade with central panelled doorway, flanked to either side by two sash windows and false indented window at first floor level. To one side there is a curved bay with matching sash windows together with a string course at first floor level and decorative parapet. The property has a plainer rear elevation.

The accommodation comprises two main reception rooms together with kitchen which leads to a basic glazed lean to, utility room and cloakroom of which the glazed lean to gives access to the garden and off-road parking.
On the first floor there are two generous double bedrooms, a single bedroom and bathroom.

Formosa House requires a programme of complete modernisation and renovation and lends itself to creating an elegant detached house with garden and parking in the heart of Cheltenham.

Accommodation - Heavy panelled front door with arched glazed fan light above

Staircase Hall - Decorative ceiling frieze and picture rail.

Sitting Room - 14'8" x 12'2" (4.47m x 3.71m) - Two full length 12 pane sash windows and further fixed glazed windows, decorative fireplace with gas coal affect fire, tile slips hearth and mantelpiece and flanked to one side by display niche with shelving, decorative ceiling frieze and ceiling rose.

Dining Room - 12'10" x 11'6" (3.91m x 3.51m) - Attractive fireplace fitted with a gas coal effect fire with decorative tiled slips, tiled hearth and painted surround and mantelpiece, picture rail, decorative ceiling frieze and ceiling rose, 12 pane sash window, serving hatch.

Kitchen - 12'10" x 8'7" (3.91m x 2.62m) - Two circular bowl sink unit with mixer taps set within a wide formica surround, further formica work surface, range of base units and matching eye level cupboards.

From the kitchen, semi glazed and panelled door to

Glazed Lean To - 7'10" x 4'1" (2.39m x 1.24m) - Door to

Utility Room - 4'2" x 4'1" (1.27m x 1.24m) - Leading to

Cloakroom - 4'1" x 3'2" (1.24m x 0.97m) - Low level WC, wash hand basin.

From the glazed lean to a sliding glazed door leads to the garden.

From the entrance hall a curved staircase leads to

Cellar - 15'9" x 14'4" (4.80m x 4.37m) - Incorporating the central heating boiler, flanked by shelving and with a timber casement window.

From the staircase hall stairs with timber hand rail and painted balustrading lead to the first floor landing.

Master Bedroom - 15'7" x 12'7" (4.75m x 3.84m) - Incorporating a built in cupboard. Pair of 12 pane sash windows, overlooking the car park and church beyond, coved ceiling.

Bedroom 2 - 8'10" x 7'7" (2.69m x 2.31m) - 12 pane sash window, picture rail, coved ceiling.

Bedroom 3 - 12'5" x 11'3" (3.78m x 3.43m) - Incorporating a false fireplace flanked by a cupboard to one side and vanity unit with sink and tiled splash back to the other, 12 pane sash window, coved ceiling and decorative ceiling rose.

Bathroom - 12'9" x 7'1" (3.89m x 2.16m) - Incorporating the airing cupboard with a foam lagged copper hot water cylinder. Matching orange suite comprising panelled bath with hand grips and separate mira shower, bidet, low level WC, pedestal wash hand basin, metal casement window with obscured glass.

Outside - There is on street parking restricted to Resident Permit Holders Only Z10 8am - 10pm.

Formosa House is situated on the corner of Northfield Terrace and North Place. A low decorative gate gives access to a small area of garden, gravelled and surrounded by a low brick wall and hedging.

Set to the right hand side of the house are a pair of solid gates which give access to the side garden.
The rear garden is partly tiled with a dilapidated timber pergola leading to a hard standing which provides off-road parking. (gate width 8'4").

Tayler & Fletcher and any Joint agents for themselves and for the Vendors of the property whose Agents they are, give notice that (i) These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract (ii) No person in the employment of or agent of or consultant to Messrs Tayler & Fletcher has any authority to make or give any representation or warranty whatsoever in relation to this property (iii) Measurements, areas and distances are approximate, Floor plans and photographs are for guidance purposes only and dimensions shapes and precise locations may differ (iv) It must not to be assumed that the property has all the required planning or building regulation consents. A list of the partners of Tayler & Fletcher LLP is available at each Tayler & Fletcher Office.

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
17 October 2016


Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Tayler & Fletcher, Stow-On-The-Wold on 01451 830 383.

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