Cottage
A freehold residential development site with existing dwelling situated in an established pleasant village location in close proximity of the M1 motorway.
The existing Victorian dwelling has recently been stripped out and at present consists of two reception rooms and a rear lobby. To the first floor there will be two bedrooms and a bathroom.
Planning approval (Ashfield Council Application Number: X/2019/0032) for the erection of a full width single storey extension to the rear. The proposed new layout will consist of an L-shaped living lounge kitchen with separate reception room/bedroom three. To the first floor landing there will be two bedrooms and a bathroom.
The site is a broadly rectangular plot with far reaching views and interestingly an application has been submitted under reference V/2020/0150 for a single two and a half storey detached dwelling which will consist of a lounge, utility, kitchen diner and separate wc. To the first floor landing there will be two bedrooms and a family bathroom and the second floor there will be a master bedroom with en-suite. There are plans for a shared driveway with parking located to the rear of the proposed and existing dwelling.
In our opinion an alternative scheme may well be considered.
The pleasant village of Underwood is an established residential location situated within close proximity of the M1 motorway and within easy of the city of Nottingham.
The existing dwelling accommodation consists of -
Entered by composite door to front, sealed unit double glazed window in uPVC frame to the front elevation, single glazed window to rear, open fireplace.
With door to rear and understair storage.
With sealed unit double glazed in uPVC frame to the front and side elevation, enclosed staircase to first floor.
With window to the rear enjoying far reaching views.
With sealed unit double glazed window in uPVC frame to the front elevation enjoying countryside views.
With sealed unit double glazed window in uPVC frame to the front elevation enjoying countryside views and recessed wardrobe space.
With window to rear.
The plot is broadly rectangular in shape with views to the front and rear.
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.
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.
