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Land off, Greadier Street, Willenhall, West Midlands, WV12 4JW
Guide Price : £150,000 plus
HYBRID METHOD OF SALE
Upon Instructions of
- FOR SALE ON BEHALF OF WALSALL COUNCIL
- Vacant Parcel of Land
- Approximately 0.336 Hectares (0.83 Acres)
- Planning Potential for 12 Dwellings (STP)
Description
The property comprises a vacant site which is irregular in shape and is predominantly covered with grass and vegetation.
The total site area extends to approximately 0.336 hectares (0.83 acres).
Location
The site is located off Greadier Street in Willenhall, a popular residential area within the Walsall borough. It enjoys close proximity to local amenities including shops, schools, and healthcare facilities, making it a convenient setting for new housing. The location offers excellent transport links, with easy access to the A454 and A462, connecting to Walsall, Wolverhampton, and the wider West Midlands road network, as well as the M6 motorway for regional travel. Public transport is readily available, with regular bus services providing connections to nearby towns and city centres. The surrounding area is predominantly residential, complemented by green spaces and canal-side walks, creating an attractive environment for future development.
Tenure
The property is held Freehold under three titles, SF49767, SF49768 and the third is unregistered.
Planning
We have been provided with a Pre Application Response dated August 2024 from Walsall Council Planning and Building Control Development Management Department which has confirmed the following:
The site offers potential for residential development (indicative capacity around 12 dwellings) subject to planning. The land is currently maintained as informal open space. Development would only be acceptable if it is demonstrated that the site is no longer required for open space. This represents an attractive opportunity to deliver new housing in an area where the presumption in favour of sustainable development applies due to the Council’s housing supply shortfall.
This document can be found in the ‘Legal Documents’.
Planning Authority
Walsall Council - www.walsall.gov.uk
Legal Pack
The purchaser is to make a contribution to the Vendors fees of 3% plus VAT of the purchase price.
Bidder Registration
Hybrid Sale – How It Works for You
Our Hybrid Sale combines traditional marketing with an online platform for speed and completion under an auction contract.
Our client is seeking informal Best and Final offers by 18 February 2026 with exchange to take place on 25 February 2026 and completion by 25 March 2026.
1. Register Interest
Register your interest with us so we can keep you up to date with the property you are interested in.
2. Review Information
You will get access to our secure data room with all legal documents to enable you to carry out your full due diligence.
3. Submit Your Bid (By 18 February 2026)
We will confirm a Best Bids deadline which will be 18 February 2026. You will need to include
• Your Bid Amount
• The Buyer Entity
• Your Proof of Funds
4. Secure The Deal (Exchange of Contracts 25 February 2026)
If you are the successful party, you will be sent an email to invite you to ‘Exchange’ on the property on 25 February 2026 and pay a Holding Deposit of £5,000. You will then be required to pay the balance of the 10% deposit and Buyer's Fee of £1,500 plus VAT within 2 days.
5. Complete the Sale (25 March 2026)
Completion will be on 25 March 2026 (20 working days after exchange).
VAT
Refer to the legal documentation
Energy Performance Certificate
No EPC required
Note
Overage
The sale shall be subject to an anti-embarrassment provision, whereby if the purchaser disposes of the property within a period of ten years from the date of completion in a substantially undeveloped condition and without having secured an alternative planning consent, the vendor shall be entitled to receive 50% of any net uplift in value arising from such disposal.
Buy-Back
The sale shall also be subject to a buy-back provision, granting Walsall Council the right to repurchase the property at the original sale price (excluding any planning-related uplift), indexed annually in accordance with an agreed price index, in the event that the site has not been developed in a meaningful manner within a 3 year period.
Contact
Joint auctioneers
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Joint Agent
Office Contact
Vendor
Legal Documents
Log in to view legal documentsAgreement Documents
Additional Documents
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Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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