House For Sale Chalk Street, Chelmsford, CM3

£550,000

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Last Updated: 26th April 2024

Description

Thirlmere is available to purchase on the open market for the first time in over 90 years, via informal tender which closes at 12 noon on 24th May 2024. The bungalow itself is in a dilapidated condition and subject to planning, this could provide an opportunity for redevelopment. The bungalow comes with approximately 4 acres of land.

\r\rThirlmere comprises a dilapidated bungalow
sitting within approximately 4 acres of land.
The owners have advised that there are some
outbuildings on the land, but these have not
been identified or measured, due to the
vegetation on the land.

The bungalow itself is situated at the front of the
land set back from the road, with a wide
frontage. Subject to planning, this could provide
an opportunity for redevelopment.
The combined property and the land are
available for purchase via informal tender.

Offer Process
Offers are invited for the property by informal
tender. Best written offers are invited by noon on
Friday 24th May 2024.

Offers should be submitted in writing to our Fenn
Wright Chelmsford Office at 20 Duke Street,
Chelmsford, CM1 1HL and clearly identify the
prospective purchaser, method of funding and be
expressed as a fixed sum.

Offers should be submitted in a sealed envelope
marked; “ Informal Tender Thirlmere, Chalk
Street, Rettendon Common” Informal Tender
forms will be provided.

If the purchase is subject to any conditions,
provisos or requirements for alternative planning
consent or further surveys of the site, the offer
should clearly indicate the extent of these
conditions, and identify how the purchase will be
funded.

There will be an overage registered against the
property for a term of 20 years from the date of
sale, which will equate to 50% of the uplift in
value on the grant of any additional dwellings on
the subject property and land.

Acceptance of an offer to purchase will be subject
to contract.

Legal Costs
Each party will bear their own legal costs.

Viewing
Strictly by appointment only. Interested parties
must register their interest and book a viewing
appointment via sole agents.

\r\r
Location

Thirlemere is situated in the desirable Chalk Street Rettendon Common, which is south of Chelmsford, north of Wickford and to the west of South Woodham Ferrers.\r

Directions

From the Chelmsford Fenn Wright office, CM1 1HL Head southeast on Duke Street towards Threadneedle Street. Turn right onto Tindal Square Road name changes to market road. Turn left onto A1099 / Victoria Road South. At the roundabout, take the 2nd exit. At the roundabout, take the 2nd exit for A1114 / Essex Yeomanry Way, bear left onto A130 / Howe Green Interchange, bear left onto Southend Road, keep straight to get onto Gingerbreadhall Bridge Road name changes to Southend Road. Turn right onto South Hanningfield Road, turn left onto Chalk Street where Thirlmere can be found on the right hand side.

If you reach Warren Road, you have gone too far.\r

Important Information

Important Information
Council Tax Band - TBC
EPC Rating - TBC
Services - We understand that water, gas,
electricity and drainage are connected to the
property.
Tenure - Freehold.
Local Authority - Tendring District Council
Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn
Wright to formally verify prospective purchaser’s
identify, residence and source of funds prior to
instructing solicitors.

There is an easement over the land for water pipes
Agent Details
Fenn Wright
20 Duke Street, Chelmsford, CM1 1HL

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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