Lot 27 - Latimer Lodge, Littledean Hill Road, Cinderford, GL14 2BT

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Lot 27 - Latimer Lodge, Littledean Hill Road, Cinderford, GL14 2BT

Addendum

Withdrawn

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Guide Price* : £890,000 +

  • Unconditional Online Auction Sale

Residential Investment/Development Opportunity

Description

Latimer Lodge sits in an elevated position on Littledean Hill with beautiful views across the Severn Vale. The main house was built in the early 1730's and was used as a single private residence until the early 1940's when it was requisitioned by the army to house officers for the war.

This grand property has seen many eclectic uses over the years but during the 1990's it was converted to apartments, along with the tennis pavilion and the erection of a coach house on the grounds, this provides a total of eight apartments which are set within approximately 4.5 acres.

The surrounding grounds offer excellent scope for further development (subject to necessary planning permission).




The current owner has arranged planning consent to introduce an additional entrance to the front of the property which would assist any developers looking to build additional dwellings.

The main house and former tennis pavilion have oil fired central heating (not tested), with the coach house benefiting from gas central heating (not tested). There is a variation of single, secondary and double glazing throughout. The former Stable blocks have been converted into four storage sheds.

Accommodation

Floor Description Area Sq Ft Area Sq M
Accommodation Floor Description Rent
Former Tennis Pavilion
Flat 1 Ground Floor Living room, kitchen, bathroom, 1 bedroom Vacant
Flat 2 Ground Floor Living room, kitchen, bathroom, 2 bedrooms Let on an AST at £498 pcm
Main Building
Flat 3 Ground Floor Living room, kitchen, bathroom, 2 bedrooms Let on an AST at £476 pcm
Flat 4 First Floor Living room, kitchen, bathroom, 1 bedroom Let on an AST at £476 pcm
Flat 5 Ground Floor Living room, kitchen, bathroom, 1 bedroom Vacant
Flat 6 First Floor Entrance porch, living room, kitchen, bathroom, 1 bedroom Occupied by the owner
Second Floor 2 bedrooms, store room
Coach House
Flat 7 First Floor Kitchen, living room, bathroom, 2 bedrooms Vacant
Flat 8 First Floor Kitchen, living room, bathroom, 2 bedrooms Let on an AST at £476 pcm
Outside 4 garages, former stable blocks, gardens and land

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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