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Plot 125 Ullswater Heights, Silver Howe, Newbiggin, Penrith, CA11 0JB

Lot no: 71 Re-entry to a future auction
 

Guide Price £125,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th February 2021

10.30am
Key Features
  • Newly built holiday lodge in desirable location
  • Three spacious bedrooms
  • Wrap-around balcony and hot tub
  • Picturesque river views
  • EPC Rating: N/A
  • Perfectly located for scenic views and is an extremely popular location for ramblers and walkers
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Re-entry to a future auction

Lodge

Property Description:

This 2019 model Caso Du Luso Prestige holiday lodge is ideally located on the popular homeowners Ullswater Heights Holiday Park in the Newbiggin area of Penrith. The holiday park is in the heart of the Lake District and the North Pennines and we understand the park has 75 lodges and a secluded glamping area of 10 safari tents with private balconies and Jacuzzi’s.

The property itself benefits from a full wrap around balcony with a picturesque river view and hot tub. Internally there are three spacious bedrooms with the master bedroom being en-suite, a fully fitted kitchen and a luxurious lounge space.

Based in the Penrith area of the Lake District, the property is perfectly located for scenic views and is an extremely popular location for ramblers and walkers. The holiday park itself benefits from an on-site shop and restaurant/bar with children’s play area. In the surrounding area you’ll find various local shops and a supermarket within a few miles. Motorway networks are accessed off Junction 40 of the M6 motorway, the A66, A6 and A686 intersect in the town.

LAYOUT:

Three bedrooms (master with en-suite), family bathroom, lounge and fully fitted kitchen area.

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:

Leasehold.


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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.