Claremont Road Sedgley, Dudley
Auction Guide Price £45,000

Sold STC
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LAND FOR SALE - This land will be offered for sale on Thursday 24th January at the Molineux Stadium, Wolverhampton. Registration from 6pm with the Auction starting at 7.00pm. A residential development site in a highly desirable location close to Sedgley Town centre and a range of amenities offered for sale with full planning permission for a detached property. Planning permission is granted by Dudley Metropolitan Borough Council at previously known as Surgery, 25 Claremont Road, Sedgley, Dudley, DY3 1HN for the erection of 1 no. dwelling being a two bedroom detached property. The application has been decided and can be viewed at Skitts Sedgley Office along with conditions and proposed plans.

Auctioneers Comments

This property is for sale by the Modern Method of Auction - which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by iam-sold Ltd.

Claremont Road Sedgley
Dudley DY3 1HN
County: West Midlands
Sale Type: Sold STC
Ref #: SA000898
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