fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Land, Commercial Units & Garages to rear of 6 Arthur Street, Derby, Derbyshire DE1 3EF

Lot no: 20 Sold at Auction for £170,000
 

Guide Price £165,000+ 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 14th February 2020

11.30am
Key Features
  • Excellent development opportunity in sought-after location
  • Planning consent granted for 5 Loft Style Contemporary Town Houses - Planning ref: 19/00938/FUL
  • Off Road Parking
  • Close to Darley Park and Derby City Centre
  • EPC Rating: N/A
Add to favourites
Sold at Auction for £170,000

Residential Development

Property Description:

The scheme requires the demolition of the garages to provide four new build dwelling houses and alterations and change of use of an existing two storey outbuilding to form a single dwelling. Each of the town houses are of a high-grade finish specification with each town house extending to approximately 1100 sq ft with vaulted ceilings, two large double bedrooms with Jack and Jill bathroom and off-road parking.

The site is located in a desirable and convenient location close to Darley Park and Derby City Centre and also enjoys excellent access to major commuter links and the local shops and amenities from its position.

The planning application and drawings can be viewed at Derby City Council website, Planning ref: 19/00938/FUL.

PLEASE NOTE: We are informed by the Vendor of the following information:

VAT is not applicable. The Vendor has given consent for the driveway to be opened up further in order to maximise any height or width restriction. The Vendor is also happy to answer any questions you may have on this site, please contact us in the first instance 01332 242880.

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.