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DEADLINE FOR OFFERS TO BE MADE 12:00 NOON TUESDAY 3RD OCTOBER 2023

A Detached Bungalow Currently In Uninhabitable Condition Standing On A Large Plot With Uninterrupted Views Of The Malvern Hills And Offered With Planning Consent For Its Demolition And Replacement By A New Contemporary Dwelling. Guide Price £150,000 To £200,000.



Location



The property enjoys a lovely setting in an established residential neighbourhood approximately half a mile from the busy and well served neighbourhood of Malvern Link and just over a mile from the larger historic and cultural town of Great Malvern, both of which offer a comprehensive range of amenities. In Great Malvern there are shops and banks, Waitrose supermarket, the renowned theatre and cinema complex and the Splash leisure pool and gymnasium. In Malvern Link there are further shops, supermarkets and two service stations. Malvern's main retail park is only a short distance away and transport communications are excellent. There are mainline railway stations in both Great Malvern and Malvern Link and Junction 7 of the M5 motorway at Worcester is only about seven miles.



Description



2 Hayslan Avenue stands in an established residential neighbourhood on a large plot. It currently comprises a detached single storey bungalow which sadly has been somewhat neglected for many years. As a result it is not currently habitable and access is limited. Planning consent has been granted for its demolition and replacement by a new single storey dwelling with two bedroomed accommodation, a living room, dining room, kitchen, bathroom and garage. The property is to be offered as it stands as a residential development opportunity or investment. Potential buyers attention is drawn to a "buy back" clause which will be included within the contract to sell to which reference is made below.



Currently internal access to the building is not possible and potential buyers are therefore limited to external inspection only. These can be arranged through the selling agents Malvern office.



The Accommodation

As mentioned earlier internal access to the bungalow is not currently possible so the agents cannot provide a detailed description of the current layout. Details of the planning consent for the bungalows demolition and of the accommodation of its new replacement are however provided below.



Buy Back Clause

Prior to making an offer for the property potential buyers must be aware of a ''buy back'' clause that they will be expected to agree to and which will be included within the contract of sale. The wording of this clause will be along the following lines:

''The property is sold subject to an option for the vendors to repurchase the property. The vendors own a significant area of ground to the west of 2 Hayslan Avenue. The reason for the inclusion of the clause is that if the aforementioned land to the

west of the property were ever to be developed, 2 Hayslan Avenue would be required in order to facilitate access to that land. The option will be exercisable for a period of ten years and the purchase price will be set with an automatic uplift of 25% above the then market value of the property. The market value assessment will disregard the development value of the vendors land to the west. The option agreement will contain

the usual provisions for adjudication by an expert should the parties fail to reach agreement regarding the exercise price. The option will be assignable, will be registered against the property and will be binding on any mortgage lender of the buyer.



Outside

The property stands on a good size plot with mainly hedged boundaries. Within the curtilage there is significant capacity for off road parking and a detached garage. From the rear of the building there are fine views across Hayslan Fields towards the Malvern Hills in the west.



Planning Consent

Planning consent was granted by Malvern Hills District Council in April 2022 for the demolition of the existing building and its replacement by a new single storey dwelling. Planning Reference No. 21/02167/FUL This consent allows for a two bedroomed home with an entrance hall, living room, dining room, kitchen, bathroom and garage. Architects drawings for the new dwelling are attached to this brochure.



Services



We have been advised that all mains services are believed to be available to the site.



Directions



From the agents office in the centre of Great Malvern proceed north along the A449 Worcester Road towards Malvern Link. After half a mile proceed through the traffic lights at Link Top continuing on downhill with the common on your righthand side. Pass both the railway and fire stations on your left and at the bottom of the common turn right into Pickersleigh Road. Follow this route for a short distance along the bottom of the common bearing left and continuing to Pickersleigh Road and a T Junction. Turn right into Pickersleigh Road and take the second right hand turn into Pickersleigh Grove. After a few yards turn left into Eversley Way. At the next junction turn right. After a very short distance the bungalow faces you.



Council Tax



COUNCIL TAX BAND "C"

This information may have been obtained by telephone call only and applicants are advised to consider obtaining written confirmation.



Energy Perfomance Certificate



For health and safety reasons access to the bungalow in order to provided and Energy Performance Certificate is currently impossible.



Viewing



For Health and Safety reasons access to the accommodation is currently impossible and is therefore restricted to external visits only.

By appointment to be made through the Agent's Malvern Office, [use Contact Agent Button]



General



Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request.



John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.



Tenure



We are advised (subject to legal confirmation) that the property is freehold.