£450,000

Land for sale

Lightmoor Road, Telford TF4
studio Flat studio Flat
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Property description

Guide Price £450,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction.


To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

Exceptional Development Opportunity: Prime Land with Planning for Nine Homes in Telford

An outstanding and rare development opportunity awaits discerning developers and investors on Lightmoor Road, Telford. This substantial parcel of land, extending to approximately 0.90 acres (0.365 hectares), comes with the significant advantage of existing planning permission for a residential scheme, making it an incredibly attractive proposition in the current market.

The site benefits from approved planning consent for the construction of nine new dwellings, comprising five detached houses and four semi-detached houses. This well-considered scheme offers a mix of property types, designed to appeal to a broad range of potential buyers, thereby maximising the development's market appeal and potential return on investment. The planning reference for this approval is TWC/2023/0481, providing clear and established parameters for the proposed development.

Located in Telford, a vibrant and growing town in Shropshire, the site offers excellent connectivity and access to local amenities. Telford boasts a comprehensive range of shopping facilities, including the Telford Centre, as well as leisure options, educational institutions, and healthcare services. The area is well-served by transport links, with easy access to the M54 motorway, connecting to the wider West Midlands road network, and a mainline railway station providing direct services to Birmingham and beyond. This strategic location enhances the desirability of any new homes built on the site, appealing to commuters and families alike.

This prime development land is offered for sale by unconditional online auction, providing a transparent and efficient purchasing process. Prospective purchasers should note that an unconditional sale means that upon the fall of the hammer, the buyer is legally bound to complete the purchase within a specified timeframe, typically 28 days. This method of sale is ideal for those seeking a swift and secure acquisition of a development site with pre-existing planning consent.

It is imperative for all interested parties to note that site visits are strictly by appointment only. The land is currently gated and secured, ensuring privacy and safety. To arrange a viewing and gain access to the site, please contact Mannleys Sales & Lettings. This controlled access ensures that all visits are managed professionally and safely, allowing prospective buyers to fully assess the site's attributes and potential.

This is a truly turn-key development opportunity for those ready to capitalise on the demand for new housing in Telford. With planning permission already secured, the groundwork has been laid for a successful residential scheme. Developers can proceed with confidence, knowing that a significant hurdle in the development process has already been overcome. The combination of a desirable location, approved planning for a well-balanced scheme, and a clear auction process makes this an unmissable chance to acquire a valuable asset.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. 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.
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Lightmoor Road, Telford TF4

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Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire 23 - 25 Market Street, Crewe, Cheshire CW1 2EW
Call agent on 0161 937 0131
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire for full details and further information.
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