A rare opportunity has arisen to acquire a Grade 11 listed property requiring complete refurbishment, with the potential to extend the existing property or to further develop on the generous sized grounds, subject to any planning permissions being granted.
This property is situated in a sought -after country lane, a short distance from Denmead village centre and occupies a lovely semi-rural position, sitting on a generous, mature plot of just over half an acre. (0.608 acres. Promap) with mature trees and hedgerows adjacent to open fields.
Winchester City Council has issued a Prohibition Order against the property for occupation until suitable renovation works are completed. It is also deemed unmortgageable and therefore would only be suitable to purchase by cash or unencumbered buyers.
AGENTS NOTE:
This property is being offered for sale by formal tender on a retained client basis. The successful purchaser will be liable to pay the selling agent's fees of £10,000 plus VAT (£12,000 inc). The purchase transaction will be exchanged using an auction contract with completion set for 20 working days from the date of exchange of contracts. A legal pack will be available to download from Pearsons.com.
Interested parties should submit sealed bids to the Pearsons Denmead office, Hambledon Road, Denmead PO7 6NU by 12 noon on Friday 11th July 2025. Bidding forms sent by request. The successful bidder will be notified after discussing all bids with the seller.
ADDITIONAL NOTE:
This property is Grade 11 listed and Winchester City Council have stated " they are keen to see this building repaired and brought back into occupation. The Council would be willing to consider new development on the plot if this can be demonstrated to be necessary to fund repairs."
ADDITIONAL FEES:
Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Non-refundable deposit of 10% (of the agreed purchase price). The deposit forms part of the agreed sale price.
MONEY LAUNDERING PROCEDURES
In accordance with the above act, please be advised, that if you intend to bid on this property, you will be required to provide two forms of ID (One photo type)
If you are intending to bid on behalf of a third party, we will require both ID from you and a Certified Copy of Photo ID for the intended purchaser.
Please see our website, www.pearsons.com for further details.
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