Land

LAND FOR SALE AT WALLOWS LANE, WALSALL, WS1 4LZ - IDEAL DEVELOPMENT OPPORTUNITY (MODERN METHOD OF AUCTION)

SUMMARY:
An exciting opportunity to acquire a parcel of land situated on the corner of Broadway West and Wallows Lane in Walsall, WS1 4LZ. Currently without planning permission, the land offers great potential for residential development, with past proposals suggesting up to 4 semi-detached houses.

The site is covered by a Tree Preservation Order (TPO), and the sale includes recommendations and assessments to assist with future planning applications.

.Size: Approximately as per the provided plans
.Location: Wallows Lane, Walsall, WS1 4LZ
.Current Status: Woodland with a Tree Preservation Order (TPO)
.Type: Land with potential for residential development

Documents Available: - 1.Tree Survey and Arboricultural Assessment - Details the current trees on-site, protected under a TPO.
2.Planning Decision Notice - Refusal for the previous application due to specific reasons, giving insight into considerations for future planning applications.
3.Architect's Sketch Proposal - Outlines a suggested layout for semi-detached houses.
4.Architectural Fee Proposal - A breakdown of costs for obtaining planning permission for development.

Auctioneer Comments - This land is for sale by the Modern Method of Auction. Should you view, offer or bid on the land, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Agreements - The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.