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Land at Horseley Hill, Wolverley, DY11 5TD

Lot no: 147 Re-entry to a future auction
 

Guide Price £138,000+ plus fees

Unconditional with Variable 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.

Thursday 25th March 2021

10.00am
Key Features
  • 3.18 Acres of Land with School Arena
  • Four Stables
  • Tack Shed
  • Log Cabin with Wood Fired Hot Tub
  • EPC Rating: N/A
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Re-entry to a future auction

Land

Property Description:

Spring Paddock is a 3.18 acre parcel of land with stables and planning permission for further stables of 12ftx12ft if needed.

Within the boundary is a section of woodland with a stream running through and a pool where the water is pumped from.

The fenced sand school is approximately 20mx40m and is easy to access with a vehicle for maintenance.

The log cabin between the hot tub and stables has a cassette toilet and provides very useful shelter.

Further to the stables and log cabin, there is a wood fired hot tub which was new last year.

The land is situated amongst other similar types of plot used mainly and predominantly for equine purposes. Access is via a shared track which is long providing seclusion and privacy.

We are advised that water is provided from the spring within the boundary and its pool which pumps water to the taps. We are also advised that mains water is on site however is there via a verbal agreement only with the neighbour. The current owner used solar power for lighting etc.

Wolverley is situated just on the Bridgnorth side of Kidderminster making this site desirable to a wide range of people between and around these towns.

Tack shed 6ftx8ft
Two 12ftx12ft stables
One 12ftx16ft foaling box/stable
One 6ft x 12ft stable
Log Cabin 4mx3m
Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

Freehold.



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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.