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Wordsley Manor, Meadowfields Close, Wordsley, DY8 5AD

Lot no: 25 Sold at Auction for £318,000
 

Guide Price £230,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Wednesday 12th December 2018

10.30am
Key Features
  • Grade II* Listed 18th Century Manor House
  • Standing in 1.5 acres or thereabouts of grounds
  • In need of refurbishment
  • Includes a 49 seat cinema
  • EPC Rating: G
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Sold at Auction for £318,000

Detached house

Property Description:

A unique opportunity to acquire a Grade II* Listed 18th Century Manor House over four floors, circa 7464 square feet, standing in 1.5 acres or thereabouts of grounds. The residence has a wealth of character and features throughout, including its own 49 seat cinema, complete with box office and waiting area. The property is in need of sympathetic repair and refurbishment throughout.

Ground Floor

Entrance Hall, Lounge, Sitting Room, Music Room, Breakfast Kitchen with black range, Cellar and Wc

First Floor

Landing, second staircase, Master Bedroom with Dressing Room/Office, Three Further Bedrooms and Bathroom

Second Floor

Landing, Two Bedrooms (one with Dressing Room), 49 seat Cinema with Box Office and Projection Room

Outside

Grounds of some 1.5 acres with sweeping driveway access to the front and impressive views to the rear.

The East and West Wings have fallen into disrepair over the years, but would have comprised of Stables and a Coach House with Kitchen, Wash House and Brewery.

Under Planning Application Number P10/1325 and the associated Section 106 Agreement, the developer is required to carry out a programme of restoration works on the property as and when each house is built and sold on a nearby development, up to £400,000. This would go some way to the restoration of the wings and further works to the main house.

A copy of the schedule of works will be available within the legal pack.

Tenure

We understand the property is Freehold and vacant possession will be given upon completion.

Viewings

See viewing schedule.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.