For Sale By Auction | 10:30, 14 September 2021 | Lot 68

88 & 90-92 Midland Road, Wellingborough, Northamptonshire, NN8 1NB

*Guide | £775,000+ (plus fees)

  • Block of Apartments
  • 27 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 14/09/2021

Auction Time

10:30

Auction Venue

Live Stream

Viewing Times:

Thu 2 Sep

09:30-10:00

Mon 6 Sep

09:30-10:00

Thu 9 Sep

09:30-10:00

Mon 13 Sep

09:30-10:00

Fri 17 Sep

11:30-12:00

Wed 6 Oct

09:30-10:00

A 19 Bedroom Property Formerly Rented as Individual Rooms to Local Councils Together with Adjacent Mid Terrace Building Comprising 4 x Two Bedroom Flats. Offered with Full Vacant Possession. Planning Permission Has Been Granted For the Conversion of 90/92 Midland Road to Create 4 x One bedroom and 4 x Two Bedroom Flats thus Providing a Combined Total of 12 Self-Contained Flats.

The property comprises two adjoining mid terrace buildings arranged over lower ground and three upper floors currently laid out as a 19 bedroom property and 4 self contained two bedroom flats.

Tenure

Freehold

Location

The property is situated on a predominantly residential road close to local shops and amenities. The green open spaces of both Swanspool Gardens and Croylands Gardens are within easy reach. Transport links are provided by Wellingborough rail station.

Exterior

The property benefits from a large rear car park.

Planning

Wellingborough Council granted the following planning permission (ref: NW/21/00327/FUL) on 07/04/2021 "Change of use from hotel (C1 use) to 8 residential flats (C3 use) (4 x one bedroom and 4 x two bedroom), remodel existing 4 flats at 88 Midland Road, with rear parking court, bin and cycle stores."

There is no requirement for the properties to be used as affordable housing.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.