Lovett&Co Estate Agents
01543 889 410
Streets Lane, Cheslyn HayAuction Guide Price £300,000
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On MarketLovett&Co Estate Agents - 01543 889 410LOV23066

Lovett&Co. Estate Agents are delighted to offer for sale this unique two bedroom detached bungalow occupying a particularly generous plot on Streets Lane, Cheslyn Hay.

A key feature of the property is the substantial plot, which offers EXCELLENT POTENTIAL FOR THE CONSTRUCTION OF A FURTHER DWELLING, subject to obtaining all necessary planning permissions and consents. This makes the property an exciting opportunity for developers, investors or buyers simply looking for a detached bungalow with an unusually generous amount of outside space.

Auctioneer Comments This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of: A non-refundable Reservation Fee of 4.5% of the final agreed sale price including VAT - this is subject to a minimum of £6,600.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price. A non-refundable Buyer Information Pack fee of £300.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative. The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by the West Midlands Property Auction powered by IAM Sold.

The flexible internal accommodation currently offers one main bedroom plus a second sitting room/bedroom, together with an impressive lounge-diner, fitted kitchen and bathroom.

Services connected to the property include mains gas, electricity and water.

The property enjoys a convenient position on Streets Lane in the popular village of Cheslyn Hay, with a wide range of local amenities, shops and facilities within easy reach.

The area is well placed for access to neighbouring Cannock, Great Wyrley and Walsall, while excellent road connections provide convenient access to the A5, M6 and M6 Toll. Cheslyn Hay also benefits from its own railway station, providing useful connections for commuters with Landywood station just over the road.

With its flexible single-storey accommodation, substantial plot and exciting future potential, this is a rare opportunity which should appeal to a wide variety of purchasers.

ENTRANCE HALLWAY
Providing access to the internal accommodation with doors leading to the principal rooms.

LOUNGE-DINER – 3.65m x 7.45m
An impressive and particularly spacious main reception room offering ample space for both lounge and dining furniture. Features include a bay window to the front, patio doors opening onto the rear garden, radiators and light points.

SITTING ROOM/BEDROOM TWO – 3.60m x 3.56m
A versatile additional reception room which could equally be utilised as a second bedroom. Features include carpeted flooring, electric fire, light point, windows to both the side and rear, and a door leading into the kitchen. The gas boiler is also located within the room and is approximately eight years old.

KITCHEN – 2.45m x 2.86m
Fitted with a range of matching wall and base units incorporating work surfaces, sink and drainer with mixer tap, integrated oven and grill, plus an electric hob. There are windows to the side and a door providing direct access to the rear garden.

MAIN BEDROOM – 3.52m x 3.26m
A generous double bedroom featuring carpeted flooring, radiator, light point and attractive bay window to the front.

EXTERNALLY
The property occupies a substantial plot which is undoubtedly one of its standout features and offers significant scope and potential.

To the front is ample off-road parking, with a mature front hedge providing a good degree of privacy from Streets Lane.

The extensive rear garden provides an abundance of outdoor space and features numerous patio and seating areas, established flower beds, sheds and greenhouses.

Given the overall size and proportions of the plot, there is POTENTIAL FOR THE DEVELOPMENT OF AN ADDITIONAL DWELLING, subject to the necessary planning permission and all relevant consents. Prospective purchasers should make their own enquiries with the local planning authority regarding any proposed development.

VIEWING:
Please contact us on 01543 889410 if you would like to arrange a viewing appointment for this property or require further information.

Identification Checks (R) - Should a purchaser(s) have an offer accepted on a property marketed by Lovett&Co Estate Agents they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £35.00 inc. VAT per buyer, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.

DISCLAIMER:
These particulars are set up as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of an offer or contract. The sellers has given permission for all descriptions, dimensions, references to conditions, tenure, service charges and necessary permissions for use, occupation and other details to be used and we have taken them in good faith whether included or not & whilst we believe them to be correct, any intending purchasers or tenants should not rely on them as representations or fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them and have this certified during the conveyancing by their solicitor. No person in the employment of Lovett&Co has any authority to make or give any representation or warranty whatsoever in relation to this property.
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