- 3 Bedrooms
- 1 Bathrooms
- 2 Reception Rooms
- Attached Four Storey House
- In Need Of Major Structural & Cosmetic Refurbishment
- Fantastic Location In Great Malvern
- Private Garden
- No Onward Chain
- Not Currently Mortgageable - Cash Buyers Only
Front Page
Location
The property enjoys a very convenient location less than a quarter of a mile from the centre of Great Malvern where there is a comprehensive range of amenities including shops and banks, Waitrose Supermarket, the renowned theatre and cinema complex and the Splash leisure pool and gymnasium. It is also within walking distance of both Malvern Link Common and the town's most popular pub The Nags Head as well as Malvern Link itself where there is a further range of amenities and two service stations.
Transport communications are excellent, Malvern Link railway station is easily reachable on foot and junction 7 of the M5 motorway near Worcester is within commuting distance. There are also several schools within the immediate vicinity in both the private and state systems and at both primary and secondary levels.
The Property
An exciting and increasingly rare opportunity to acquire a substantial Malvern stone and brick built period property, occupying a desirable position within easy reach of Great Malvern and offering considerable potential for comprehensive renovation and improvement.
Arranged over four floors, the property provides generous and flexible accommodation, with approximately two principal rooms on each level together with bathroom facilities. Its elevated position offers the potential for far reaching views across the Severn Plain, which should become a particularly attractive feature of the property once renovation works are completed.
The property is in need of major structural and cosmetic refurbishment throughout and is offered for sale in its present condition. This is very much a project for an experienced purchaser, developer or investor looking for a substantial period building with the opportunity to restore and remodel it to their own requirements, subject to all necessary consents.
Outside, there is a garden together with a workshop/outbuilding, which itself requires repair and improvement. Access to the property is also available from Bank Street via a shared alleyway.
Important Information
Cash purchasers or buyers with alternative funding only.
Due to the present condition of the building, we understand that the property is not currently considered mortgageable through conventional lending, and prospective purchasers should satisfy themselves as to their funding arrangements before proceeding.
Potential Council Improvement Action: Prospective purchasers should be aware that the local authority may be considering or seeking to impose an Improvement Notice/Order or other enforcement action in relation to the condition of the property. Buyers and their legal advisers must make their own enquiries with the relevant local authority to establish the current position, the nature of any proposed or existing requirements, and any works or liabilities that may pass to a purchaser.
Party Wall Dispute: Prospective purchasers should also be advised that there is an existing party wall dispute affecting the property. Full details should be investigated by the purchaser's solicitor and, where appropriate, a suitably qualified party wall surveyor.
The scaffolding surrounding the building was erected by the owner of the business centre for their purposes.
We understand that 8 Bank Street sits within a conservation area.
The property is sold with the clear understanding that substantial expenditure and specialist works will be required and this has been reflected in the price.
For purchasers with the experience, funding and vision to undertake a project of this scale, the property represents an unusual opportunity to restore a substantial four storey Malvern property in a highly appealing location close to Great Malvern, with the prospect of creating an impressive home enjoying views across the Severn Valley.
Viewing strictly by appointment.
Heath and Safety Disclaimer
Viewing
Services
Tenure
General
Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request.
John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formally verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.
Council Tax
This information may have been obtained from the local council website only and applicants are advised to consider obtaining written confirmation.
Directions
Energy Rating
MISREPRESENTATION ACT, 1967 - JOHN GOODWIN - Conditions under which Particulars are issued:
John Goodwin for himself and for the Vendors or lessors of this property whose agent he gives notice that:
- The particulars are set out as a general outline only for the guidance of intending purchasers or leasees and do not constitute, nor constitute part of, an offer or contract.
- All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
- No person in the employment of John Goodwin has any authority to make or give any representation or warranty whatever in relation to this property.
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