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Land adjacent to rear of 270-272 Burton Rd, known as Development Site adjacent to 105 Warner St, Derby, DE22 3TR

Lot no: 53.0 Sold at Auction for £120,500
 

Guide Price £110,000 plus fees


Thursday 21st July 2016

12.00am
Key Features
Residential Development Site in excellent location with detailed planning consent for the erection of 9 apartments.
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Sold at Auction for £120,500

Land

Property Description

FOR SALE BY AUCTION: THURSDAY 21ST JULY 2016.

AT IPRO STADIUM, DERBY.

COMMENCING AT 11.30 AM.

DRAFT DETAILS ONLY.

Residential Development Site in excellent location with detailed planning consent for the erection of 9 apartments.

Description

Residential development site in a highly sought after area of Derby with detailed planning approved for the erection of nine apartments situated within an attractive building.  If built in accordance with the approved scheme each of the apartments will comprise entrance hall, open plan living room, dining kitchen, two bedrooms the master bedroom with en-suite and family bathroom.

Planning Details

Planning permission was granted under application number DER/03/14/00323/PRI.

Tenure

Freehold. Vacant possession on completion.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.

*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.sdlgrahampenny.co.uk/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.SDLGRAHAMPENNY.CO.UK

Feature 1

RESIDENTIAL DEVELOPMENT SITE

Feature 2

Detailed consent for the erection of 9 apartments

Feature 3

Highly sought after area of Derby

Feature 4

Excellent opportunity

Tenure: