House For Sale Old Warwick Road, Solihull, B94

£30,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 5th June 2024

Description

This interesting piece of amenity land with frontage to Old Warwick Road will be offered for sale by public auction (subject to prior sale, reserve and conditions) at 6:30pm on Tuesday 16th July 2024 at The View, Hill Farm Marina, Stratford Road, Wootton Wawen, Warwickshire, B95 6DE.

Situated just off, but with frontage to, the Old Warwick Road (B4439) in the village of Lapworth, this intriguing parcel of amenity land is roughly ‘L’ shaped and benefits from access via a right of way over adjoining land parallel to the railway line. This opens out to a hardcore/stoned driveway (giving access to two adjoining cottages).

At right angles to and having frontage to The Old Warwick Road, is an area of (probably) former allotment/orchard, which would give purchasers scope for perhaps reactivating the orchard, creating an allotment, using the land for recreational or other use (STPP if required), and possibly some long-term ‘hope’ potential?

Bounded by well-defined fencing to the north, a well-established hedge to the Old Warwick Road and post and wire fencing on the eastern boundary, Although the land would benefit from some work, it is felt there is great scope, the opportunity to purchase such handy blocks of land in this area are rare and the auctioneers commend early inspection.

The land is within easy travelling distance of the Birmingham conurbation (approximately 10 miles), 5 miles south of Solihull and 6 miles north-west of Warwick. The national motorway network is easily accessed via J15 of the M40 and J4 of the M42. The village of Lapworth has a full range of local amenities, village shop, post office, off licence, village school, etc., together with a station with trains to Birmingham (Moor Street and Snowhill) and London (Marylebone). Birmingham International Airport, Railway Station and future HS2 Hub are all within easy driving distance.

General Information -

Services - Prospective purchasers should make their own enquiries with the appropriate utility companies with the verification as to the availability, or otherwise, of services, although it is understood that mains water, electricity, gas and drainage are available in the locality.

Authorities - Warwickshire County Council (
Warwick District Council (
Severn Trent Water (
National Grid (
British Gas (

Tenure & Possession - The land is freehold and vacant possession will be given upon completion, scheduled for 28 days after the auction i.e. Tuesday 13th August 2024 (or earlier by mutual agreement). On the fall of the hammer, the successful purchaser will be required to sign the auction contract and pay a 10% deposit to the vendor’s solicitors (minimum £5,000), together with an administration fee of £800 + VAT to the auctioneers, if the land is sold in the room on the night, prior to or post auction.

Tenant Right - There will be no ingoing valuation for UMVs/RMVs and no claim for dilapidations (if any) will be entertained from the purchaser(s).

Rights Of Way & Easements - The land is subject to all rights of way and easements that may exist. It should be noted that located towards the centre of the block is an electricity sub-station and associated underground cabling, all subject to lease/easement/wayleaves, full details of which are contained within the auction pack.

Boundaries & Timber - All growing timber is included in the sale. The ownership of boundaries (where known) is delineated by an inward facing ‘T’ mark.

Sporting & Mineral Rights - Sporting and mineral rights, where owned, are included in the sale of the freehold

Plans - Plans shown are for identification purposes only.

Viewing - The land may be inspected by prospective purchasers in possession of a copy of these sale particulars, during daylight hours only, at their own risk. It is specifically requested that potential purchasers, when viewing, have regard to the neighbours and do not block the access way, all gates must be left as found, no litter left and no dogs whatsoever are allowed on the land.

Vendor's Solicitors - A full auction pack is available from the vendor’s solicitor,

Shakespeare Martineau
Bridgeway House
Stratford upon Avon
Warwickshire
CV37 6YX

Acting: Jennie Wheildon
Tel:
Email: jennie.

Directions - From Birmingham, Solihull, the M42 (J4) and the north, take the A3400 into Hockley Heath, turning left onto the B4439 Warwick Road. After approximately 1.5 miles, just before the railway over bridge, the land will be found on the left-hand side, as indicated by the Earles’ auction board.

From Warwick, Leamington Spa, Coventry, the M40 (J15) and the south, take the A4177 north (signposted to Knowle and the village of Hatton). Turn left onto the B4439 signposted to Lapworth and Hockley Heath. After approximately 4 miles, having passed under the railway bridge in Lapworth, the land will be found on the right-hand side, as indicated above.

Approximate postcode is B94 6LH

What3Words: delays.usual.tumblers

Conditions Of Sale - The property will, unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the vendor’s solicitor. These conditions may be inspected during the usual office hours at the offices of the vendor’s solicitor mentioned in these sales particulars during the five days, exclusive of Saturday and Sunday, immediately before and exclusive of the day of the sale. The conditions may also be inspected in the Sale Room at the time of the sale, but they will not then be read. The purchaser shall be deemed to bid on those terms whether he shall have inspected the Conditions or not.

Money Laundering - Money Laundering Regulations have been introduced by the government, affecting auctioneers, under the Proceeds of Crime Act 2002/Money Laundering Regulations 2007. To comply with this Act, we require all purchasers to pay the deposit by any of the following methods: Bank/Building Society Draft, Personal/Company Cheque. All purchasers will be required to provide proof of both their identity and current address and all parties intending to purchase any property must bring with them the following items: Full UK Passport or Photo Driving Licence (for identification), a recent Utility Bill, Council Tax Bill or Bank Statement (as proof of residential address). These should be presented to the vendor’s solicitor when signing the contract.

Agent's Note - The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single figure guide (RICS Common Auction Conditions 7th Edition).
Agent Details
John Earle
74, High Street, Henley-in-arden, B95 5BX
Show Contact Number
01564 794 343

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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