Northampton Road, Weston-on-the-Green, Bicester, Oxfordshire, OX25

Development Opportunity – Newby Cottage, Weston-on-the-Green, Bicester

A rare opportunity to acquire a substantial detached stone cottage set within approximately 0.27 acres (11,966 sq ft) in a desirable Oxfordshire village.

The property has suffered extensive fire damage and now requires complete reconstruction or refurbishment. Parts of the external stone walls, gable ends and a chimney stack remain, although their condition has not been formally assessed and no structural survey has been undertaken.

The existing ground floor footprint extends to approximately 1,800 sq ft GEA offering potential to rebuild a characterful period-style home or, alternatively, demolish and construct a new dwelling (subject to planning permission).

Located in the sought-after village of Weston-on-the-Green, the property benefits from excellent access to the A34, A41 and M40, with rail services from nearby Bicester stations to London Marylebone and Oxford. The area is well served by a range of respected state and independent schools.

Freehold with vacant possession.

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.

This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable
consideration for the property in the calculation for stamp duty liability.

Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.

A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services

are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.