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Bank Street, Malvern, Worcestershire, WR14

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Attached Four Storey House
  • In Need Of Major Structural & Cosmetic Refurbishment
  • Fantastic Location In Great Malvern
  • Private Garden
  • No Onward Chain
  • Not Currently Mortgageable - Cash Buyers Only

Description

Front Page

A Rare Opportunity To Acquire a Substantial Four Storey Period Property Requiring Complete Renovation Close To Great Malvern.  Cash Buyers Only.  No Onward Chain. 

Location

The property enjoys a very convenient location less than a quarter of a mile from the centre of Great Malvern where there is a comprehensive range of amenities including shops and banks, Waitrose Supermarket, the renowned theatre and cinema complex and the Splash leisure pool and gymnasium.  It is also within walking distance of both Malvern Link Common and the town's most popular pub The Nags Head as well as Malvern Link itself where there is a further range of amenities and two service stations.  

Transport communications are excellent, Malvern Link railway station is easily reachable on foot and junction 7 of the M5 motorway near Worcester is within commuting distance.  There are also several schools within the immediate vicinity in both the private and state systems and at both primary and secondary levels. 

The Property

An exciting and increasingly rare opportunity to acquire a substantial Malvern stone and brick built period property, occupying a desirable position within easy reach of Great Malvern and offering considerable potential for comprehensive renovation and improvement.

Arranged over four floors, the property provides generous and flexible accommodation, with approximately two principal rooms on each level together with bathroom facilities. Its elevated position offers the potential for far reaching views across the Severn Plain, which should become a particularly attractive feature of the property once renovation works are completed.

The property is in need of major structural and cosmetic refurbishment throughout and is offered for sale in its present condition. This is very much a project for an experienced purchaser, developer or investor looking for a substantial period building with the opportunity to restore and remodel it to their own requirements, subject to all necessary consents.

Outside, there is a garden together with a workshop/outbuilding, which itself requires repair and improvement. Access to the property is also available from Bank Street via a shared alleyway.

Important Information

Cash purchasers or buyers with alternative funding only.
Due to the present condition of the building, we understand that the property is not currently considered mortgageable through conventional lending, and prospective purchasers should satisfy themselves as to their funding arrangements before proceeding.

Potential Council Improvement Action: Prospective purchasers should be aware that the local authority may be considering or seeking to impose an Improvement Notice/Order or other enforcement action in relation to the condition of the property. Buyers and their legal advisers must make their own enquiries with the relevant local authority to establish the current position, the nature of any proposed or existing requirements, and any works or liabilities that may pass to a purchaser.

Party Wall Dispute: Prospective purchasers should also be advised that there is an existing party wall dispute affecting the property. Full details should be investigated by the purchaser's solicitor and, where appropriate, a suitably qualified party wall surveyor.

The scaffolding surrounding the building was erected by the owner of the business centre for their purposes.

We understand that 8 Bank Street sits within a conservation area.

The property is sold with the clear understanding that substantial expenditure and specialist works will be required and this has been reflected in the price.

For purchasers with the experience, funding and vision to undertake a project of this scale, the property represents an unusual opportunity to restore a substantial four storey Malvern property in a highly appealing location close to Great Malvern, with the prospect of creating an impressive home enjoying views across the Severn Valley.

Viewing strictly by appointment.

Heath and Safety Disclaimer

Buyer are advised that during viewings they enter the property at their own risk.  There is scaffolding erected around the building at irregular heights.  Suitable footwear must be worn and a hard hat will provided.  No children will be allowed to attend the viewing.

Viewing

By appointment to be made through the Agent's Malvern Office, Tel:

Services

We have been advised that mains services are connected to the property. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to imply that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.
 

Tenure

We are advised (subject to legal confirmation) that the property is freehold.

General

Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request. 

John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formally verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.

Council Tax

COUNCIL TAX BAND ''C''
This information may have been obtained from the local council website only and applicants are advised to consider obtaining written confirmation.

Directions

The property is within walking distance of Great Malvern town centre.  From the agent's offices in Worcester Road proceed towards Malvern Link for less than a quarter of a mile before taking the first fork to the right downhill into Bank Street.  The property can be found straight away on the left hand side at the top of Bank Street and can be accessed via an alleyway to the left hand side of the business centre.

Energy Rating

The EPC rating for this property is  (TBC)
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
No parking
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Bank Street, Malvern, Worcestershire, WR14

Approximate location

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Affordability

Monthly repayments£753
Property: £ 150,000
Deposit: £ 15,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
Recently sold & under offer
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About John Goodwin FRICS, Malvern

13, Worcester Road, Malvern, WR14 4QY
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

John Goodwin is a firm of Independent Chartered Surveyors and Estate Agents offering comprehensive local representation on the borders of Herefordshire, Worcestershire and Gloucestershire. Established in 1981 business has grown in size and reputation and now has offices in Ledbury, Colwall, Malvern and Upton-upon-Severn.

The firm specializes in the sale and letting of residential property but also deals in commercial sales and lettings, auction sales and furniture/antique sales

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Disclaimer - Property reference S1835648. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Goodwin FRICS, Malvern. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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