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Former Stable Block Rear of, 294 Uttoxeter New Road, Derby, Derbyshire DE22 3LN

Lot no: 5 Sold at Auction for £57,000
 

Guide Price £35,000+ 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 13th February 2019

11.30am
Key Features
  • One and a half storey former detached stable block
  • Consent to convert into two bedroomed dwelling
  • Tucked away position close to the city centre
  • Freehold development opportunity
  • EPC Rating: N/A
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Sold at Auction for £57,000

Residential Development

Property Description:

Planning permission was approved under application number DER/12/14/01695/PRI for change of use from workshop (Use Class B1) to flats (Use Class C3) including first floor side extension.

If converted in accordance to the approved plans the contemporary style living accommodation will consist of an entrance hall, bedroom with en-suite, further guest bedroom with separate wc, store room and staircase leading to the first floor open plan living kitchen diner with balcony doors. Outside there will be an allocated parking space.

The existing workshop/former stable block may well also lend itself as a small commercial unit ideal to run a small business from (subject to the appropriate planning permission).

The property is located to the rear of 294 Uttoxeter New Road and is approached via Rowditch Place and will be identified by our auction for sale board.

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.