3 bedroom detached house for sale

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3 bedroom detached house for sale

Stourport-On-Severn, Worcestershire DY13
£250,000

Our Summary

  • A period cottage with countryside views requiring complete modernisation A period cottage with countryside views, offering a renovation and redevelopment opportunity, subject to planning, and located in a rural yet convenient position
  • 23 acres will be sold subject to an uplift provision which will specify that 30% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendor should such development occur within 30 years from the date of completion
  • The uplift will be payable upon the grant of a planning consent
  • The uplift will be payable upon a sale (part or whole)
  • Such uplift payment will exclude any overage payment previously made in relation to the above development overage provision
  • Renovation and redevelopment opportunity, subject to planning

Description

This charming period cottage is nestled in a rural setting with countryside views, offering a unique renovation and redevelopment opportunity, subject to planning permission. The property is being sold freehold with vacant possession upon completion and includes all fixtures, fittings, and furniture. The cottage has mains water and electricity, but the drainage system is private and may require replacement. The property is located in a convenient position, close to the town of Stourport-on-Severn and the village of Hartlebury, which offers a range of amenities. The sale is subject to various conditions, including planning approval for any alterations, a development overage provision, and a turn/profit overage provision. Viewings are strictly by appointment through Fisher German LLP.