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Land
Key information
Property description & features
- Livestream Auction: 18/1/24
- Bidding Registration Required
Situated on the corner of Edison Road and Arkwright Road, this Freehold residential building plot amounts to some 0.25 of an acre (963 sq m) and has Planning Permission for the erection of a 3 storey block of apartments to accommodation 9 self contained units Application 18/1282. Copies of the Decision Notice and associated plans can be found in the legal pack.
It is understood that all planning conditions have been met including ground investigations and drilling of 3 trial holes and the first building inspection has taken place (documents to follow).
The original Planning Application allowed for 7 x 2 bedroom and 2 x 1 bedroom. There are amended plans showing the 2 corner units may be converted to 2 bedrooms.
The site is conveniently located on the corner of Edison Road and Arkwright Road with access from Edison Road and is located within a short distance of Walsall Town Centre and with good transport links including the M6 Junction 10.
The apartments would make an ideal purchase for a builder looking to sell on or for an investor looking to retain and add to a portfolio.
Additional Fees
Buyer's Premium - 1% plus vatAdministration Charge - £1200 inc VAT payable on exchange of contracts.Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Tenure: Freehold
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on November 20, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on November 20, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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