Property Features

A Rare & Exciting Opportunity WIth Huge Potential
Split Level Property Sitting On Over 1/2 Acre Of Land
Stunning Views Across Local Ribble Valley
Planning Permission Passed For A 5/6 Bed Dwelling

About this property

FOR SALE BY MODERN METHOD OF AUCTION. STARTING BID £700,000 PLUS RESERVATION FEES

Have you ever dreamed of creating your forever home in one of Lancashire's most spectacular settings?

A rare an exciting opportunity has arisen to secure a property absolutely beaming with potential with huge scope to renovate and restore.

Highcroft sits on an enviable and equally impressive plot of just over half an acre and enjoys some of the best views money can buy. Elegantly framed by mature trees and bedding, the privacy on offer is completely unrivalled. Backing on to local farmland and with far-reaching Ribble Valley views to the front, this is surely one of the best spots in Lancashire. Painterwood is a quiet and charming hamlet 3-4 minutes walk into the ever popular village of Whalley where you'll find an abundance of amenities such as shops, village stores, supermarkets plus a wide choice of places to eat and drink.

The property, which was initially bought as a three bedroom house has gone under significant changes recently. A substantial double storey extension has been built to the side which needs completion to bring the house up to it’s fullest potential.

The extension to the side was due to be a double garage on ground floor with either three bedrooms to the first floor or two bedrooms, one of which incorporating an en-suite and dressing room. On the top floor there would be another large bedroom with an en-suite or two smaller bedrooms with amazing views. This would have then been connected to the main house via an inner hallway. The current house has a large bedroom to the ground floor which used to be the garage, there are two more bedrooms on the first floor, one of which has plumbing in place to accommodate an en-suite bathroom. The split-level style property offers a sensational open plan living and proposed kitchen area to the first floor with a front row seat of some stunning views to the front aspect. In addition there's a conservatory to the rear with another substantial reception room to the side with dual aspect.

We understand that planning permission has recently been applied for another detached dwelling to be built in the far corner of the garden. This has not yet been passed, the planning application can be viewed on the Ribble Valley Council website by quoting the reference number: 3/2023/0152.

Highcroft is a rare and exciting opportunity for someone open minded who has a particular desire to build or create their own forever home. There is significant work to still undertake but the potential on offer is immense. Please take time in reading the auction terms and contact the office to arrange your viewing.

In brief, the accommodation comprises of; entrance hallway with doors leading to a large bedroom which used to be the garage. On the other side of the hallway there's access to a substantial storage room with an adjacent WC, stairs lead to the first floor. On the first floor there's a large reception room with a sliding door leading to the balcony enjoying some incredible views. This has an open plan theme leading into a proposed kitchen (not fitted) with a conservatory to the rear. Furthermore there's another reception room at the far end of the property which has a dual aspect and is full of light. At the opposite side of the property you'll find two rooms that are proposed bedrooms with access to a family bathroom. There is currently no access from the main house to the extension, we understand that the original plans had a door from the first floor hallway leading to this.

EPC RATING E

Auction Terms
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. 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 (subject to lending criteria, affordability and survey).

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.

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.

Reservation Fee
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 iamsold 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 £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.