Wella Road, BASINGSTOKE, RG22 4FQ

SUMMARY AVAILABLE AT £160,000 - > Residential development site with full planning > For 5 x 1 bedroom & 4 x 2 bedroom flats with parking > All pre commencement planning conditions discharged

DESCRIPTION *** TO BE SOLD BY PUBLIC AUCTION ON 15TH OCTOBER 2026 AT THE GRAND CONNAUGHT ROOMS, 61 - 65 GREAT QUEEN STREET, LONDON, WC2B 5DA (Online bidding available) ***

Tenure Leasehold

Lease Details The buyer will enter into a new 999 year headlease from 1st January 2026.

Location Wella house can be found around 1.5 miles from the centre of Basingstoke which provides an abundance of shopping leisure and dining facilities, together with Basingstoke mainline train station offer direct services to London Waterloo. Further transport links include nearby connections to the M3 motorway and A33.

Description This freehold parcel of land is being sold with full planning permission to extend the adjoining block of flats to create 5 x 1 bedroom and 4 x 2-bedroom apartments with associated parking.

Accommodation (Based on approved plans) Ground Floor: Flats 1 & 2 (40 sq m2 & 50 m2) – Lounge/Kitchen, Bedroom, Shower Room. First & Second Floor: Flats 3, 4, 5 & 6 (68 m2) - Lounge/Kitchen, Bedroom One, Bedroom Two, Shower Room. Third Floor: Flats 7 & 9 (40 m2) & Flat 8 (50 m2) – Lounge/Kitchen, Bedroom, Shower Room.

Planning Details Planning was granted on appeal on 22nd July 2025 under reference 23/03132/FUL by Basingstoke & Deane Borough Council for a 4 storey extension to the north east of Wella House for 9 flats (5 x 1 beds & 4 x 2 beds). All pre commencement/pre-slab planning conditions have been discharged. Buyers are advised to satisfy all enquiries regarding the status of the application along with any associated costs which will be the buyers responsibility to pay.

Important Notice: For each Lot, a contract documentation fee of £1,800 including VAT is payable to Fox & Sons/Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.

Whilst Fox & Sons make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.