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Development Site at Olinda, Southgore Lane, North Leverton, Retford, DN22 0AA

Lot no: 7 Withdrawn Post
 

Guide Price £395,000+ 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.

Friday 27th September 2019

11.30am
Key Features
  • Residential Development Opportunity
  • Full planning for thirteen dwellings
  • Set in grounds of approximately 1.4 acres
  • Scheme submitted shows the demolition of the bungalow
  • EPC Rating: N/A
  • Planning permission granted Nov 2018
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Withdrawn Post

Residential Development

Property Description:

DRAFT DETAILS
Olinda, is situated to the South of the village of North Leverton and is accessed off Southgore Lane. The property is a detached bungalow set in grounds of approximately 1.4 acres. The consent is for the demolition of the bungalow and the erection of 13 dwellings. The site offers the opportunity for an imaginative scheme in a prime location, suitable for commuting to the nearby towns of Retford, Gainsborough and the city of Lincoln. North Leverton benefits from a good range of local amenities including primary school, shop, doctor’s surgery and public house.

Planning Details:

The site, triangular in shape, benefits from full planning permission valid from November 2018. The planning drawings can be viewed on Bassetlaw District Council website under planning REF: 18/01077/RES.

Site Area 0.56 Hectares (1.4 acres)

The 13 dwellings as per the planning permission comprise:
Plot 1 (Type E2) (320 sq m)

Two Bedroomed Detached House

Plot 2 (Type E1) (181 sq m)

Two Bedroomed Semi-Detached House

Plot 3 (Type E1) (185 sq m)

Two Bedroomed Semi-Detached House

Plot 4 (Type A) (268 sq m)

Two Bedroomed Semi-Detached Bungalow

Plot 5 (Type A) (251 sq m)

Two Bedroomed Semi-Detached Bungalow

Plot 6 (Type B) (589 sq m)

Three Bedroomed Detached Bungalow

Plot 7 (Type B) (979 sq m)

Three Bedroomed Detached Bungalow

Plot 8 (Type D) (409 sq m)

Three Bedroomed Detached House

Plot 9 (Type A) (308 sq m)

Two Bedroomed Semi-Detached Bungalow

Plot 10 (Type A) (214 sq m)

Two Bedroomed Semi-Detached Bungalow

Plot 11 (Type C) (319 sq m)

Three Bedroomed Detached Bungalow

Plot 12 (Type C) (392 sq m)

Three Bedroomed Detached Bungalow

Plot 13 (Type B) (542 sq m)

Three Bedroomed Detached Bungalow

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

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 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.