Plough Hill Road, Galley Common , Nuneaton

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*** AN EXCITING DEVELOPMENT OPPORTUNITY FOR 5 BESPOKE PROPERTIES ***. This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAM Sold.
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 IAM Sold 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 £220.00 including VAT towards the preparation cost of the pack, where it has been provided by IAM Sold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

The land totals 0.49 acres (0.198 hectares) and is exceptionally well situated for popular local schooling and is within walking distance to local amenities etc.

Plots 1 & 3 - Approx 103.80m2 (3 bedroom semi-detached)

Plots 2 & 4 - Approx 102.68m2 (3 bedroom semi-detached)

Plot 5 - Approx 139.31m2 (4 bedroom detached home)

LOCATION The site is on Plough Hill Road, Galley Common, which is about 3.5 miles east of Nuneaton town centre and 12 miles north of Coventry. Galley Common is a well regarded suburb of Nuneaton and the local primary school, which is a short walk is rated 'Outstanding'* by Ofsted. Local amenities are within walking distance and also public transport is easily accessible.

SERVICES It is believed that mains water and electricity services are easily available on Plough Hill Road.

VIEWING ARRANGEMENTS Strictly by appointment only through MARK WEBSTER estate agents on: 01827 720777

LOCAL AUTHORITY Nuneaton & Bedworth Council - 024 7637 6376

Plough Hill Road, Galley Common , Nuneaton

£270,000

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