Residential Development
A rare and exciting opportunity to acquire a broadly rectangular level site measuring approximately half an acre with a Dutch Barn situated in the very popular village of Egginton and offering potential for residential development (stpc). The site has a wide frontage with vehicular access which in turn leads through to the separate paddock and grazing land of approximately 16 acres which is offered for sale as a separate lot at a guide price of £125,000+ in the same auction (January 28th). Please note there is a reserved right of way for the grazing land/paddock. If both lots were to be purchased it could provide an excellent family home with a smallholding and equestrian opportunity.
The South Derbyshire village of Egginton is exceedingly sought after and a highly convenient location boasting a local primary school and is located just off the A38 which provides swift access onto Toyota, the A50, the city of Derby and Burton on Trent.
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.
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