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8 Chapel Street, Nuncargate, Nottinghamshire, NG17 9EE

Lot no: 9 Re-entry to a future auction
 

Guide Price £99,000+ 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.

Thursday 6th December 2018

11.30am
Key Features
  • Semi detached two double bedroomed freehold property with outline planning permission for the erection of an additional detached dwelling.
  • Current property requiring full refurbishment and has potential to extend, stpc
  • Popular residential location
  • Viewing recommended to appreciate excellent development opportunity
  • EPC Rating: F
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Re-entry to a future auction

Semi-detached house

Property Description:

DRAFT DETAILS
Semi detached two double bedroomed freehold property with outline planning permission for the erection of an additional detached dwelling. The current property currently requires full refurbishment but offers excellent potential to extend at first floor level to create a third bedroom and a bathroom, along with a further option to convert the loft space to create a further two bedrooms, stpc.

The property could also offer allocated off-street parking with driveway for one car and benefits from a good sized rear garden.

The property has outline planning permission for residential development of the adjoining land for the erection of a single dwelling, having allocated off-street driveway and parking for two cars with a good sized rear garden of approximately 50 square metres.

Planning Details:
Ashfield District Council.
Reference: V/2018/0638.
Dated: 31 October 2018.


The current property comprises:

Ground Floor:
Lounge
Separate Dining Room
Extended Kitchen
Ground Floor Bathroom and Wc
First Floor
Double Bedroom One
Double Bedroom Two
Outside

The outside of the property provides potential for off-street parking and there is also planning permission for residential development of the adjoining land for the erection of a single dwelling, having allocated off-street driveway and parking for two cars with a good sized rear garden of approximately 50 square metres.

Planning Details:
Ashfield District Council.
Reference: V/2018/0638.
Dated: 31 October 2018.

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.