Lot 27 - Four Acres With Barns For Conversion And Construction Of A Substantial New Dwelling
Whitelane Farm, Bowcombe Road, Isle Of Wight, PO30 3HY
Guide Price: *
£470,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£455,000Bid history
0 bidsOn the instructions of the Trustees
Situated on a plot extending to 1.75 hectares (4.32 acres), this freehold site is located in the hamlet of Bowcombe, a short distance from Carisbrooke Castle on the outskirts of the Island’s county town of Newport.
The site has the advantage of an attractive planning consent which will allow for two splendid residential dwellings, one of which will be a conversion project of the existing stone barn. The second dwelling will be a brand new farmhouse style home with four-bedroom accommodation. Both of the new properties will enjoy the benefit of this splendid location with the purchaser able to decide on the future split of the substantial remaining land holding.
There is additional potential on the site for a third dwelling which may perhaps be allowable under permitted development opportunities in the shape of a substantial Dutch barn measuring approximately 227 sqm (2451 sqft) with agricultural use history.
Some may prefer to complete only one of the proposed new dwellings and utilise the whole site for a splendid single dwelling. Both options are of course subject to any required consents being obtainable.
Planning
Planning Permission has been obtained from the Isle of Wight Council under reference P00861/15, dated 10th March 2016, for demolition of dwellings and outbuildings; proposed detached dwelling; alterations, conversion of and extension to barn to form residential unit; detached garage; alterations to vehicular access (revised plan), subject to conditions
A copy of the Planning Permission and accompanying documents may be downloaded from the Isle of Wight Council website: iow.gov.uk. Tel: 01983 823552.
Auctioneer's Note
We are advised that the planning conditions were discharged in February 2018 and commencement has been made and so the permission is now extant. Prospective purchasers should rely on their own enquiries.
Viewing
On site during daylight hours.
Freehold with Vacant Possession
Joint Auctioneer
BCM Rural Property Specialists, Red Barn, Cheeks Farm, Merstone Lane, Merstone, NEWPORT, Isle of Wight, PO30 3DE, 01983 828805
Summary
- Lot number
- 27
- Auction end
- 1st Nov at 11:50
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
Summary
- Lot number
- 27
- Auction end
- 1st Nov at 11:50
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Hampshire, Dorset, Wiltshire & Isle of Wight
01489 564606
Unit 14, Fulcrum 2, Solent Way, Whiteley, Fareham, Hampshire, PO15 7FN
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
