Highmoor Close, Bilston, WV140SJ

4 Bedroom Property with Development Opportunity Reservation fee applies (Click for more information)
Starting Price* £550,000
Time Left 24d 14h 16m 13s

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Fees & Charges Explained

Property Overview

Likely to be of particular interest to investors and developers, this unique property stands at the head of a residential cul-de-sac offering over 3,000 sq. yds of land bounded by woodland, a canal basin and a canal frontage extending to some 245 ft. The gently sloping site currently includes a 4-bedroomed detached house, 2-bedroomed detached bungalow, central access drive leading passed an orchard of some 1,000 sq.yds down to workshops, an indoor swimming pool and amenity land offering further potential for redevelopment.

The property offers a number of alternative opportunities including income from the existing residential dwellings or immediate capital realisation prior to redevelopment of the remaining land (subject to planning permission being granted).

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Moden Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAM Sold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with IAM Sold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by IAM Sold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

15 Highmoor Close - Bungalow Spacious Living Room 23' 4'' x 13' 4'' (7.11m x 4.06m) with feature fireplace having coal effect gas fire, side display and cupboard plus archway to dining area Breakfast Kitchen 13' 9'' x 10' 2'' (4.19m x 3.10m) with range of fitted units including sink unit with mixer, work surfaces with cupboards and drawers beneath, wall cupboards and breakfast bar, integrated oven and hob and tiled floor. Door to garden. Inner Hall With covered radiator. Bedroom One 14' 8'' x 10' 0'' (4.47m x 3.05m) with built in wardrobes, covered radiator and double glazed window. Bathroom Tiled with panelled bath having shower and screen, w.c. wash basin in vanity unit, chrome towel rail. 16 Highmoor Close Substantial detached house with immaculate 4-bedroomed living accommodation situated at the head of the site close to the adopted highway and briefly including: Introduction This property comprises of a large family sized detached house with generous landscaped garden situated at the head of the cul-de-sac. Centrally heated and double glazed accommodation briefly includes: Entrance Porch Recepetion Hall with tiled floor, covered radiator, open tread staircase. Utility Room with plumbing for washing machine, and door to Cloakroom with w.c. , radiator and wash basin in vanity unit Living Room 32' 8'' x 13' 11'' (9.95m x 4.24m) with feature fireplace having wood burning stove, two covered radiators, coved ceiling and feature light fittings, patio doors to rear decked entertainment area. Sitting Room With Dining Area 21' 2'' x 12' 0'' (6.45m x 3.65m) with sitting area having double glazed bow window, covered radiator and archway to dining area with double glazed bow window and covered radiator. Fitted Kitchen 14' 1'' x 8' 4'' (4.29m x 2.54m) with attractive range of fitted units including sink unit with mixer tap, work surfaces with cupboards and drawers beneath, Rangemaster oven and hob, plumbing for dishwasher, radiator and 'stable door' to exterior. First Floor Landing with airing cupboard having radiator, access to roof space housing central heating boiler. Master Bedroom 15' 10'' x 14' 2'' (4.82m x 4.31m) with extensive range of fitted bedroom furniture including wardrobes and vanity units, radiator and En Suite shower room with wash basin in vanity unit, w.c. and shower cubicle plus heated towel rail. Bedroom Two 12' 7'' x 10' 10'' (3.83m x 3.30m) with built in wardrobes and shelving,radiator and double glazed window Bedroom Three 9' 3'' x 9' 1'' (2.82m x 2.77m) with radiator and double glazed window. Bedroom Four 24' 0'' x 8' 4'' (7.31m x 2.54m) with two double glazed windows and radiators plus built in wardrobes and cupboards and shelving. Family Bathroom part tiled and with stylish modern suite including paneled bath, wash basin in vanity unit, w.c. and shower cubicle, built in cupboard. Outside Landscaped front and rear gardens with a decked dining area and mature tree.

Request full details for this property

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Not in the UK?If you are not a resident of United Kingdom, please contact our Auction Team to discuss your options. All fields marked with an * are required. Please be advised that all calls made to and from IAM Sold are recorded. Calls are recorded for training and monitoring purposes and may also be used for complaint resolution. Calls are stored securely in accordance with General Data Protection Regulation requirements. Personal information submitted via the request details form will not be shared, rented or otherwise abused.


Local Branch: 47 Church Street, West Midlands, WV14 0AX
Head Office: 96 Walsall Street, West Midlands, WS10 9BY

Fees & Charges Explained

Highmoor Close, Bilston, WV140SJ

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £220.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 0121 366 0539.


These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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