Property · WV8 1QQ
For saleListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION The site is located to the north of Codsall Village in South Staffordshire.
Within the village of Codsall there are number of services and facilities including several schools to cater for all age groups from nursery to sixth form.
There is a plethora of retail outlets, pubs, restaurants, doctor's dentists, petrol stations and churches. The site is located approximately 0.5 km from the village centre.
The site is approximately 5 miles from Wolverhampton city centre and 9 miles from Stafford.
DESCRIPTION The site comprises a roughly rectangular shaped parcel of gently sloping pasture land to the north of Gunstone Lane.
There are a number of mature trees and hedgerows along the boundary of the site. The site is close to the northern edge of the built-up area of Codsall.
Open countryside is found on all sides although the western edge abuts the village allotments. The site is currently vacant land and has previously been used as grazing land for cattle.
There is a right of way providing access to the land leading off Gunstone Lane, this also crosses the site.
PLANNING The site lies within South Staffordshire District and is currently used as grazing land.
Further enquiries should be made of the Council, TENURE The property is freehold and will be sold with the benefit of vacant possession.
SERVICES Interested parties should make their own enquiries, however our understanding is that no services are connected to the property.
LEGAL COSTS Each party will be responsible for their own costs. GUIDE PRICE Offers are invited over £100,000. We are advised that the purchase price will not be subject to VAT.
The vendors reserve the right to set a date for the submission of bids.
The land will be sold subject to a development clause reserving 50% of any uplift in value upon the grant of planning permission for alternative uses to the current owners.
VIEWINGS Viewings by appointment only. All enquiries to First City 'The Property Consultancy' on quoting reference 5431. Ask for Christopher Bywater
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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Area
Agent & docs
FAQ
About Gunstone Lane, Codsall, WV8
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