House For Sale Harley Road, Shrewsbury, SY5

£450,000

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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: 3rd May 2024

Description

Description
The property offers a large property that is currently arranged as two properties known as 32 and 34 Harley Road. The part two and part single storey property is arranged currently to provide 10 bedroomed residential accommodation that has until recently been used by Condover College. The property provides a Total Gross Internal Floor Area of approximately 3,502 ft sq (325.31 m sq) over the two floors. The properties are physically split and therefore offer the opportunity of two residential houses for owner occupation.

The property sits in a total site area of approximately 0.288 acres (0.117 hectares) with the benefit of a large garden and off road car parking from Harley Road. The property is of traditional construction with a conservatory projection at ground floor level to 32 Harley Road.

32 Harley Road is currently arranged to provide 4 bedroomed residential accommodation and 34 Harley Road is currently arranged to provide 6 bedroomed residential accommodation.

The property is of potential interest to commercial developers or to residential property developers/ speculators due to the significant potential of the property which is located in a sought after residential area of the village of Condover. The property is also of interest to private residential owner occupiers with the size of the property being able to provide accommodation like a granny annexe for a private residential house.

The full potential of the property can only be appreciated by undertaking an inspection of the property.

Location
The property is located in the sought after village of Condover. The property is located in an established residential area fronting onto Harley Road and located in proximity of all local amenities.

Condover is a village and civil parish that is located approximately 5 miles south of the county town of Shropshire and located just east of the A49 Trunk road. The Cound Brook flows through the village. The village had a population at the 2011 census of 1,957. The village is very popular and benefits from a higher than normal proportion of listed buildings and half of the village is classified as a Conservation Area. The village has its own primary school and the Church of England parish church of Saints Andrew and Mary dates from the 12th century.

The village is located approximately 9 miles north east of the town of Church Stretton and approximately 12 miles north west of the town of Much Wenlock. The village offers an attractive residential area.

Viewings
Strictly by prior arrangement with the selling agents. For more information or to arrange a viewing please contact:
Commercial Department



Terms
The property is offered for sale freehold with vacant possession.

The is held under the ownership of Title Number SL229614.

Availability_text
The accommodation comprises the following areas:

Guide Price/Reserve
£450,000 (Four hundred and fifty thousand pounds) (Exclusive)
* Guides are provided as an indication of each sellers minimum expectation they are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a reserve [a figure below which the Auctioneer cannot sell the property during the auction] which we expect will be set within the Guide Range or no more than 10% above a single figure guide.

The property is offered for sale by public auction on Friday 12th July at 3pm at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire, SY4 3DR.

Buyers Premium
In addition to the contract deposit required, buyers should note when bidding, that on the fall of the gavel, they will be responsible for paying a Buyer’s Premium as noted on individual lots. This is additional to the purchase price and set at 2.5% plus VAT of the “hammer price”, subject to a
minimum fee of £2,500 plus VAT (£3,000).
Please bring with you the means to pay both the deposit and the Buyers Premium.

Method of Sale
The property is offered for sale by public auction on Friday 12th April at 3pm at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire, SY4 3DR.

Money Laundering Regulations
PLEASE NOTE that any person buying or bidding at auction MUST produce TWO forms of *identification documentation. One to confirm their name and residential address, i.e. utility bill or bank statement and one photo ID, i.e. passport or driving licence. We will be unable to accept your bid unless you have registered with us and produced suitable ID.

Conditions of Sale
Please note that the property is sold in accordance with the Common Auction Conditions [4th Edition March 2018] (a copy of which is included with the Legal Pack). Special Conditions of Sale relating to each lot are available upon request from the Auctioneers or the Vendors Solicitor prior to the auction.

The contract and special conditions of sale will not be read out by the auctioneers at the auction but will be available for inspection at the auctioneer’s offices or the vendors solicitors for a period before the auction date. Purchasers will be deemed to have inspected these Special Conditions of Sale and will be legally bound by these conditions which will form part of and will be attached to the Sale Memorandum.

Payment of Deposit
The successful buyer of each lot will be required to pay a deposit of 10% of the purchase price (subject to a minimum of £1,000) to the vendors’ solicitor prior to leaving the saleroom. Any deposit payments collected by Halls Holdings Limited will incur a 1% service charge.
PLEASE NOTE THAT WE DO NOT ACCEPT ANY FORM OF CASH DEPOSIT OR CREDIT CARDS

Rights of Way, Easement & Wayleaves
The land will be sold subject to any wayleaves, public or private rights of way, easements and covenants and all outgoings whether mentioned in the sales particulars or not.

Town & Country Planning
The land will be sold subject to any development plan, tree preservation order, town planning schedule, resolution or notice which may be or come to be in force, subject to any road widening or improvement schemes, land charges and statutory or provisional by-laws without any obligation on the vendor to specify them.

Boundaries, Road & Fences
The Purchaser/s shall be deemed to have full knowledge of the boundaries and roads and neither the Vendor nor the Agent will be responsible for defining the ownership of boundary hedges or fences.

Solicitors
Hatchers Solicitors- Val Edwards
Welsh Bridge 1, Frankwell, Shrewsbury, SY3 8JY

v.

Planning
Prospective purchasers should make their own enquiries. The property provides a significant residential development opportunity for private residential use or for residential development, as well as commercial uses subject to any statutory consents.
Agent Details
Halls Holdings Ltd
Bowmen Way, Battlefield, Shrewsbury, SY4 3DR
Show Contact Number
01743 236 444

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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.

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