This property has been taken off the market.

House For Sale Arkwright Road, Stockport, SK6

£450,000

Auction Property
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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: 25th April 2024

Description

Guide Price £450,000 Plus Fees\r
For sale by unconditional online auction, registration is now open. Bidding opens on 30/05/2024 10:00 and ends on 30/05/2024 13:05.
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For sale by online auction on 30th May 2024\r
Bidding opens at 10:00am and closes from 12:00 noon\r
Development Opportunity SSTP \r
Planning For Care Home \r
Potential for residential conversion STPP \r
Prime location in Marple\r
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Town & Country Property Auctions are pleased to present this fantastic investment opportunity on one of Marple's most prestigious roads. An imposing property with accommodation spread over four floors. The property is currently classified as commercial care home, there may be an opportunity to convert the property to a residential single or multi dwelling subject to the relevant planning permissions. \r
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The property benefits from views down towards Marple bridge and being a short walk from Marple Train Station and the pubs, cafes, shops and amenities of Marple Bridge.\r
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Externally to the front of the property, you find gated access from the pavement, with path leading you through the front garden to access on the side of the property. The gardens wrap around the side of the property out to a large rear garden currently laid with stone chippings\r
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The property is in need of full internal renovation, however, we have been told by the current owner that the development costs will only be subject to 5% VAT, not 20% VAT as the property has remained empty for over 2 years. This will help reduce the cost of renovation works for the successful purchasers. \r
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Previous planning consent granted for a 3-storey extension to the rear and lift shaft under reference: DC/075911 - Stockport Council \r
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Viewing is strongly recommended to fully appreciate the size and scale of this opportunity. \r
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Disclaimer:\r
Material information will be provided within the legal pack - to download this register your interest at tcpa.co.uk.\r
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Tenure\r
Freehold\r
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Terms\r
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Legal Pack\r
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To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk \r
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UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)\r
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).\r
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.\r
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Registration Process\r
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.\r
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Agent Details
Town and Country Property Auctions
Dixcart House Addlestone, KT15 2LU

Investment Analysis

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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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