An exciting development opportunity will go under the hammer this month at the by-monthly Loveitts auction.
Situated in the southern outskirts of Atherstone, the 0.08-acre parcel of land is positioned within a quiet cul-de-sac location and holds planning permission for the erection of two detached dwellings.
Located within close proximity to the towns of Nuneaton, Hinckley and Tamworth, the Atherstone land opportunity also benefits from excellent road links to both Coventry and Birmingham – meaning any future development will be both ideally positioned and situated in a highly sought-after area.
With a modest guide price of between £90,000 and £110,000, experts at Loveitts consider this development opportunity highly profitable and one that is expected to generate considerable interest on the night.
Also in the line-up is a one bed mid terrace with attic room in Richmond Road. Although in need of some decoration, the property is fully double glazed and has gas central heating. Within easy reach of the town centre and a highly competitive guide price of £60,000 – £70,000 it is a highly attractive investment proposition.
Prospective buyers will get their chance at capturing these exciting opportunities when they go under the hammer on 26th September at the Village Urban Resort Hotel, Coventry.
Sally Smith, Director and Auctioneer at Loveitts commented: “Whether you are a first-time developer or a seasoned pro, both lots are an attractive proposition for investment or development opportunities.
“Given the competitive guide price of the land at Ambien Road, in particular, we anticipate that this lot will receive a significant amount of interest on the night – so we urge those with a sharp interest in development not to miss out on this opportunity.”
The auction takes place at the Village Urban Resort Hotel in Canley, Coventry, on Thursday September 26th at 6.30pm.
To find out more about all the properties in advance log on to: https://www.loveitts.co.uk/auctions/upcoming-auctions or contact Loveitts on 024 7622 8111.