Development Site, Reedmace Road

A residential development site with planning permission granted for 9 dwellings, well located in Bodicote close to the popular market town of Banbury, for sale by Public Auction on Wednesday 25th June 2025.

A development site measuring approximately 0.8 acres with planning permission granted (24/02384/REM) for the construction of three detached and six semi-detached houses, with a total build area of 1,066.24 sq m. The proposed detached houses each have four bedrooms, with the accommodation over three floors, each with an interior floor area of 138.38 sq m (1,489 sq ft). The remaining six semi-detached houses have three bedrooms, with accommodation over three floors, each with an internal floor area of 112 sq m (1,205 sq ft). The development is set in a small cul-de-sac and each property will have the benefit of front and rear gardens, driveway parking and a garage.

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Tenure:
Freehold

Accommodation:
Plots 1-3 Ground Floor: Entrance hall, sitting room, kitchen/dining room, cloakroom.
Plots 1-3 First Floor: Landing, bedroom with en-suite bathroom, two further bedrooms and a family bathroom.
Plots 1-3 Second Floor: Bedroom with en-suite bathroom and walk-in wardrobe.

Plots 4-9 Ground Floor: Entrance hall, sitting room, kitchen/dining room and cloakroom.
Plots 4-9 First Floor: Landing, bedroom with en-suite shower room, second bedroom and family bathroom.
Plots 4-9 Second Floor: Third bedroom.

Exterior:
All the proposed properties will have a front garden with a driveway providing parking, and garage leading to a rear garden.

Planning:
Planning Application Number: 24/02384/REM
Application: Reserved matters application to 23/02229/OUT - Layout, scale, appearance, means of access and landscaping. Non-EIA development.
Decision: Permitted
Decision Issued Date: 18/03/2025

Planning Application Number: 23/02229/OUT
Application: Outline application for erection of up to nine dwellings.
Decision: Permitted
Decision Issued Date: 21/11/2023

Viewings:
You are welcome to view in daylight hours, at your convenience.

** The auction is being held at the Delta Marriott Hotel, Timbold Drive, Milton Keynes MK7 6HL on Wednesday 25th June 2025 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register.

You can also register for telephone/proxy/internet bidding online from the 16th June 2025 by following the link below and clicking on the yellow box Register to Bid: **

EPC Rating:
N/A

VAT:
VAT is applicable

Seller's Solicitor:
Geoffrey Leaver
Ref: Simon Parrott
251-255 Upper Third Street, Milton Keynes, Buckinghamshire, MK9 1DR



Local Authority:
Cherwell District Council -

Buyers Premium:
There is no Buyer's Premium payable on this lot.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge:
Purchasers will be required to pay an administration fee of £1,500 incl. VAT