Land
Key information
Features and description
- *This property is currently available – Please contact the Auctioneers to register your interest*
- In room and livestream auction
- Land with residential planning permission
- 16 x 3 bedroom 3 story homes
- Popular location
- Close to Junction 1 of M6
- Development opportunity
*This property is currently available – Please contact the Auctioneers to register your interest*
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 15th May 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ
Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.
GUIDE PRICE: £500,000 to £700,000 (plus VAT)
*This property is currently available – Please contact the Auctioneers to register your interest*
Land with planning permission for 16 residential homes, with an approximate site size of 1.5 acres. Comprising of 8 pairs of semi-detached, 3 bedroom 3 storey homes with parking. Ideal location with easy access to M6 junction 1, and Rugby town centre.
NOTE VAT is payable in addition to the purchase price.
LOCATION The site is located off the A426 to the North of Rugby.
What3Words: ///dunes.extend.glove
PROPOSED DWELLINGS 16 units of 2 house types.
Type 1 - 103.7 sqm, 1406 sqft
Type 2 - 138.2 sqm, 1487 sqft
PLANNING Planning permission was granted on 19/07/2018, the current owners have made a meaningful start.
"Erection of 16 dwellings with associated parking and access"
Ref: R18/1247
For further information Rugby Borough Council.
TENURE Freehold with vacant possession.
ADDITIONAL COSTS Administration Fee: £1,920 (£1,900 plus VAT)
Buyers Premium: £2,400 (£2,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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