2A Clifford Street, Wolverhampton, WV6 0AB
4 bedroom end terraced property in Wolverhampton
Guide price*
£140,000+
Plus fees
Auction details:
Thursday 15th May 2025 @ 08:30AM
A vacant freehold end terraced property with development potential
Property Description
A freehold property with side drive offering off road parking. The property is currently as two flats and various outbuildings together with a fly over flat. It will be a condition of sale that the outbuildings and the fly over flat be demolished which will allow scope to redevelop the site while the existing house must remain as a single dwelling or continue as it's existing use as two flats subject to obtaining the necessary planning consents.Accommodation
Ground Floor: Living Room, Kitchen, Bathroom, Two Bedrooms.First Floor: Ground Floor Entrance, Landing, Living Room, Kitchen, Two Bedrooms, Bathroom.
Outside: Small Foregarden, Side Access and Rear Garden.
The property is in need of extensive modernisation throughout.
Energy Performance Rating
GCouncil Tax Band
The two flats in the main property are both banded as ATenure
Freehold – Vacant possession upon completion.Auctioneer's Note
Upon the fall of the hammer the purchaser will pay a 10% deposit and be given access to the property with a delayed completion subject to the following stages.1. Within 6 months of exchange of contracts the purchaser must obtain planning consent for the demolition of the two defective flats and outbuildings edged blue on the demolition plan.
2. Within a further 12 months the purchaser must complete refurbishment of the remaining property to a decent home standard and be signed off by Wolverhampton City Council.
3. The property is to be used as a single family dwelling or two flats only.
4. The completion of the sale is subject to the above 2 points being met.
5. In addition to the purchase price the purchaser will be required to pay the Council's fees of £2,500 plus disbursements (please see legal pack for confirmation of these figures).
Pre-auction Offers
Please note no offers will be considered prior or post the Auction Sale.Viewings
Viewings will be carried out on a block viewing basis. The times and dates will be available from Thursday 24th April 2025, please revisit our website after this date.DISCLAIMER
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
VIEWINGS
Buyers are deemed to have viewed the property (if access is available), viewed the virtual tours where applicable and undertaken all their due diligence checks prior to bidding.
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
LIVE-STREAMED AUCTION
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.