Northwood Lane, Bewdley

£25,000

Guide price

  • Bedrooms: 3
For Sale By Modern Method of Auction Subject To Reserve Plus Reservation Fee.

A Three Bedroom Timber Holiday Chalet With Sunny South West Facing Rear Garden Enjoying Majestic Views Over The Severn Valley Countryside. Available With No Upwards Chain.

Starting Bid Price £25,000 plus Reservation Fee to a sum of 4.2% including VAT, subject to a minimum of £6,000 including VAT. This property is for sale by The West Midlands Property Auction powered by iam-sold Ltd.

* Through Living Room

* Kitchen

* Bathroom

* Three Bedrooms

* Cloakroom/ Store

* Parking To Front.

Kitchen

4.14m x 2.11m (13'7 x 6'11 )

Lounge

4.52m x 2.34m (14'10 x 7'8 )

Bedroom One

3.12m x 2.39m (10'3 x 7'10 )

Bedroom Two

2.34m x 2.34m (7'8 x 7'8 )

Bedroom Three

2.26m x 2.18m (7'5 x 7'2 )

Bathroom

3.00m x 1.63m (9'10 x 5'4 )

Rear Lobby

0.91m x 0.84m (3'0 x 2'9 )

Cloakroom (Former WC)

1.45m x 0.94m (4'9 x 3'1 )

For sale by Modern Method of Auction: Starting Bid Price £25,000 plus Reservation Fee.

Hill Farm is a delightfully situated rural community covering 49 acres and located just over 2 miles from the centre of Bewdley amidst the glorious Severn Valley countryside, approached over a long 'no through road' country lane running between the River Severn and the SVR steam railway line before ending near Trimpley Reservoir.

Occupation of the chalets at Hill Farm is by way of an annual licencing agreement with the site owner, subject to an annual charge of £5000 for the year 2021/22. Intending purchasers will need to complete an application form issued by the site owner's managing agent, following which with the site owner's approval a new annual licence will be issued.

It is understood that upon the sale of any property at Hill Farm, a commission of 10% of the sale price will be payable by the seller to the site owner. In practice 10% of the purchase price is expected to be paid by the purchaser to the site owner with the other 90% paid directly to the seller.

'Overbank' is a timber holiday chalet, dating from circa 1950 since when it has remained in the same family ownership to this day. The property is sited on the top field at Hill Farm, enjoying some of the very best views from this elevated position with the benefit of a private patio garden to the front and a wonderfully sunny garden with lawn and shed to the rear, looking out across the magnificent Wyre Forest countryside.

The property sits in a sheltered position with parking to the front and a gate with steps down to the main entrance door, leading into the kitchen.

Fitted with a range of wall and base cabinets plus complementary work surfaces with single drainer sink unit, the kitchen also has a corner airing cupboard and door leading through to the bathroom.

Featuring a modern white suite with pedestal hand basin, low level wc and panelled bath with tiled surround, there is also a Triton electric shower over the bath.

The main living room is positioned in the centre of the property with windows front and rear, having doors off to the main bedroom, third bedroom, and a rear lobby with door to rear garden and access to second bedroom.

Also off the rear lobby is a useful store room/ cloakroom, previously fitted as a WC, which could potentially be reinstated depending on preference.

The property is available with no upwards chain and is realistically priced for a quick sale.

Mains electricity and water are connected, with drainage to a septic tank. All windows are upvc double glazed, whilst heating is by way of portable plug-in oil-filled radiators.

Council tax is payable to Wyre Forest District Council, rated as Band A.

This property is for sale by The Great North Property Auction powered by iamsold.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will beshared 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.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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 £300.00 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 Arrangements

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

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