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Development Site at 42 Lodge Lane, Spondon, Derby, Derbyshire DE21 7GE

Lot no: 47 Withdrawn Post
 

Guide Price £140,000+ 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 25th October 2019

11.30am
Key Features
  • Prime residential development opportunity
  • Outline consent for four semi-detached dwellings
  • Alternative scheme may well be considered (stpc)
  • Convenient location for Spondon village and the city centre
  • EPC Rating: N/A
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Withdrawn Post

Land

Property Description:

DRAFT DETAILS, AWAITING VENDOR APPROVAL
Tucked away is a prime residential development site with outline planning permission (19/00679/OUT) for the erection of four semi-detached dwellings in a well regarded and established convenient residential location.

If built in accordance with the approved plans the proposed accommodation layout will consist of entrance hall with bathroom, kitchen diner and living room. To the first floor landing there will be two well proportioned bedrooms. Outside there will be gardens and parking. An alternative scheme may well be considered.

This superb freehold parcel of land is situated within the context of an established residential location, located within easy reach of Spondon village shopping centre which has an excellent range of amenities. Spondon is also well known for its local primary and secondary schools, recreational facilities and easy access onto the city centre. The A52 also provides swift access onto the M1 motorway, city of Nottingham and further regional business centres.

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.