fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Land adjacent to 150 Uttoxeter Old Road, Derby, Derbyshire DE1 1NF

Lot no: 33 Sold at Auction for £120,000
 

Guide Price £110,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 11th April 2018

11.30am
Key Features
  • Full detailed planning consent for the erection of 7 apartments. Planning reference number DER/03/15/00386
  • Consisting of 6 x 2 bedroomed and 1 x 1 bedroomed apartments
  • Very prominent position close to City centre and Royal Derby Hospital
  • Superb freehold development site
  • EPC Rating: N/A
Add to favourites
Sold at Auction for £120,000

Land

Property Description:

The site sits on a very prominent corner plot position situated within easy reach of the fashionable Friar Gate area of Derby City centre, the Royal Derby Hospital and the A52.

The site sits on a very prominent corner plot position situated within easy reach of the fashionable Friar Gate area of Derby City centre, the Royal Derby Hospital and the A52.

If built in accordance with the approved plans the purpose built block of apartments will have a very attractive façade with a rendered appearance and dormer windows set beneath a two tiered pitched tiled roof. To the ground floor there will be an entrance hall with 2 x 2 double bedroomed apartments (apartment two will have access out onto the courtyard). To the first and second floors all four apartments will be a mirror image and to the third floor which is set within the roof there is a luxury one bed apartment.

Ground Floor Accommodation –

Flat 1 - Open plan lounge diner with kitchen area, two bedrooms and bathroom. (69 sq.m; 742.71 sq.ft)

Flat 2 - Open plan lounge diner with kitchen area, two bedrooms and bathroom. Access to courtyard area. (68 sq.m; 731.94 sq.ft)

First Floor Accommodation –

Flat 3 - Open plan lounge diner with kitchen area, two bedrooms and bathroom. (69 sq.m; 742.71 sq.ft)

Flat 4 - Open plan lounge diner with kitchen area, two bedrooms and bathroom. (60 sq.m; 645.83 sq.ft)

Second Floor Accommodation

Flat 5 - Open plan lounge diner with kitchen area, two bedrooms and bathroom. (69 sq.m; 742.71 sq.ft)

Flat 6 - Open plan lounge diner with kitchen area, two bedrooms and bathroom. (60 sq.m; 645.83 sq.ft)

Third Floor Accommodation –

Flat 7 - Open plan lounge diner with kitchen area, one bedroom and shower room. (43 sq.m; 462.85 sq.ft)

Total Floor Area – 438 sq.m. (4,714.58 sq.ft)
Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.