Land for sale

Main Road, Middleton Cheney, Banbury OX17

Description:
A rare opportunity to acquire a freehold development site located on the outskirts of Middleton Cheney, benefiting from full planning permission for the construction of two substantial detached dwellings.

The site comprises a greenfield parcel of land positioned off Main Road, with an existing access point in place (to be widened as part of the proposed development). The plot offers a slightly sloping topography and an attractive semi-rural setting.

Planning consent has been granted for two high-specification detached houses, designed to provide extensive accommodation across multiple floors. The proposed scheme includes one dwelling of approximately 4,400 sq ft and a second significantly larger dwelling of approximately 8,300 sq ft (including lower ground floor space).

The development presents an excellent opportunity for developers or self-build purchasers, with strong end values indicated and demand for large, high-quality homes within the surrounding area.

Prospective purchasers must rely solely on their own enquiries.

Title number: NN400376
size: 0.79 acres

accommodation (proposed):

House One:
Approx. 4,400 sq ft (plus basement storage)
Six bedrooms, multiple reception areas, open plan living/kitchen space, utility rooms and extensive en suite facilities.

House Two:
Approx. 8,300 sq ft (including lower ground floor garage and storage)
Six bedrooms, multiple reception rooms, open plan living/kitchen/dining space, study and extensive en suite facilities.

Externally:
Both plots benefit from generous garden areas and off-road parking for multiple vehicles.

Location:
The site is situated on the edge of Middleton Cheney, a well-regarded village offering local amenities including a supermarket, pubs and schooling. Banbury is approximately 3 miles away, providing a wider range of facilities and a mainline railway station with direct links to London and Birmingham.
The M40 (Junction 11) is approximately 1.5 miles away, offering excellent road connectivity.

Viewing:
By appointment only.

Tenure:
Freehold.

Fees & charges explained:
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

Auction Fees and deposit apply, upon the fall of the gavel. The highest bidder will pay a deposit of 5% (minimum £5,000) of the hammer price and auction fees of 2% + VAT (minimum of £8,000 + VAT) and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion of 28 or 42 days unless otherwise stated in the legal pack.

Disclaimer:
*Connect UK Sales Limited does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. All displayed property boundaries use data provided by Land Registry and is assumed to be correct and updated regularly. However for the avoidance of doubt all displayed property boundaries are indicative and for marketing purposes only.