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Development Site at 2 Sandford Road, Mapperley, Nottingham, NG3 6AL

Lot no: 47 Withdrawn Post
 

Guide Price £410,000+ 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.

Thursday 25th March 2021

10.00am
Key Features
  • Residential Development opportunity
  • Approximately 0.4 Acres
  • Sought After Location
  • Application Number: 2010/0936 / 2016/1033
  • EPC Rating: N/A
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Withdrawn Post

Residential Development

Property Description:

Excellent development opportunity having lapsed planning permission for up to 10 dwellings. Situated in a popular residential location, close to amenities and local schools.

The site is located on the corner of Porchester Road and Sandford Road, approximately 2 miles (3.2km) northeast of Nottingham City Centre.

Mapperley is a popular suburb of Nottingham, with a range of shops, pubs and restaurants within close proximity.

The site extends to approximately 0.4 acres and is bounded to the west by Porchester Road, to the north by Sandford Road, and to the east and south by residential properties. There is currently an existing house at the corner of the site.

We understand the site has Japanese Knotweed, please see legal pack for further details.

Planning Details (Lapsed)

Application Number: 2010/0936 / 2016/1033

Location: 2,2A Sandford Road, Mapperley, Nottinghamshire, NG3 6AL.

Proposal: Demolition of Existing Dwellings at 2 and 2A Sandford Road and Erection of Building to Provide 10no. Dwellings with Associated Access, Parking and Rear Amenity Space.

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.