Barn Conversion
A fantastic opportunity to purchase this two bed barn conversion project benefiting from full planning permission granted in June 2018 by Erewash Borough Council (Ref: ERE/0618/0042), to convert this rural building into a stunning two bed property with stunning far reaching views to the Derbyshire countryside on the edge of beautiful Locko Park and Dale Abbey.
This opportunity is situated a couple of minutes off the main Spondon Road in Dale Abbey and thus offers great road links to the surrounding areas with Derby city being just 10 minutes away by road.
The current owner has already obtained quotes to bring services to the property including quotes to provide building regulations for the build/conversion aspect.
The current plans allow for a stunning open plan ground floor layout with kitchen/dining and living space with two bedrooms to the first floor. Outside provision has been made for a private garden with parking and driveway. The current owner has received favourable verbal advice with regards to a possible extension to create a third bedroom.
The sale of the barn includes 5 acres of land approx and additional grazing land maybe available by separate negotiation.
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Freehold.
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 Variable Fee (England and Wales).
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 fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 Price
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.
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