Milton Road, Coseley

Description
IDEAL RESIDENTIAL DEVELOPMENT OPPORTUNITY +BEING SOLD VIA THE MODERN METHOD OF AUCTION +This prominently located plot occupies the home of a former skip hire company and would be suitable for range of residential dwellings, subject to relevant planning permission. Occupying 0.42 acres, the site is conveniently situated within walking distance of a range of local amenities and is just 3 miles from Dudley town centre and 4 miles from Wolverhampton city centre.
Interested parties are advised to consult with the Planning Department of Dudley Council prior to submitting any offers.
Please register with I Am Sold for more information and to monitor activity: https://www.iamsold.co.uk/my-account/
Auction Information
This property is for sale by the Modern Method of Auction, starting bid of £199,000 plus reservation fee. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.