£80,000

Plot for sale in Welford Place, Coventry, CV6 (ref: 635044)

Shortlist

Key Features

  • Excellent development opportunity at 6-8 Welford Place, Coventry
  • Prime plot of land with full planning permission approved
  • Planning permission allows for two new 3-bedroom dwellings
  • Ideal investment for both developers and investors
  • Planning permission granted on 15/01/2025
  • Permission remains valid for three years
  • Planning application number: PL/2024/0002376/FUL
  • Gross Development Value (GDV) estimated at £400,000
  • Desirable location within Coventry
  • Guide price of £80,000
FOR SALE VIA THE MODERN METHOD OF AUCTION.

GUIDE PRICE: £80,000.

Tutis Auctions are pleased to present an excellent development opportunity at 6-8 Welford Place, Coventry. This prime plot of land comes with full planning permission approved for the erection of two new 4-bedroom dwellings, offering fantastic potential for investors and developers alike.

The planning permission was granted on 15/01/2025 and remains valid for three years, giving you ample time to commence and complete the project. Planning application number: PL/2024/0002376/FUL

With an impressive Gross Development Value (GDV) of approximately £400,000, this site represents a highly lucrative opportunity in a desirable location within Coventry.

For further information or to arrange a site visit, please contact us today. Don’t miss out on this outstanding investment potential!

S185 sewer diversion – progress update:Severn Trent have confirmed the diversion proposal has been accepted in principle and the application is ready to be taken through to Technical Compliance. Once Technical Compliance is issued, it is valid for 6 months (extensions may be available). The purchaser can either proceed with the diversion works after the S185 agreement is completed, or purchase the site with the Technical Compliance in place and then submit a TP1 to Severn Trent to transfer the application into their name. No works can commence until the S185 agreement is completed.

Online auction informationFor Sale Via Tutis Auctions Online Auction powered by Bamboo Auctions.

Auction end date and time: 04/04/2025 at 4:30pm.

The auction will be exclusively available online via our website including the legal pack information. The registration process is extremely simple and free. Please visit the Tutis Estates website, and click on the 'online auctions' tab. A 'register' button can be found on this page or by clicking into the individual listing.

Stage 1) Register your email address, create a password and confirm your account.

Stage 2) View the legal pack and arrange any viewings.

Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details.

Stage 4) You are ready to bid - Good Luck! No deposit monies are required before you bid.

Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range. A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids. Some Vendors may consider offers prior to the auction.

These offers can only be submitted via Tutis Estates and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.

Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.

Stamp duty due

Based on a sale price of £80,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

Plot for sale in Welford Place, Coventry 0

Plot for sale in Welford Place, Coventry 1

Plot for sale in Welford Place, Coventry 2

Further Details

  • Status: Available
  • Tenure: Freehold
  • Reference: 635044

Location