Farm House
A rare and exciting opportunity to acquire a detached derelict former farm house with a range of brick built outbuildings, occupying a well regarded location, sitting on a site of just over half an acre or thereabouts, offers potential for conversion or redevelopment subject to obtaining the usual planning and building regulations.
We are informed by the vendor that there was originally planning permission granted(dating back to the 1980s) for five single building plots, subject to the demolition of the existing farmhouse and outbuildings. We have also been informed that there are three cowsheds and an old dairy opposite the old farmhouse and another three cowsheds and a small two storey barn down the yard.
The adjacent property, number 71 (detached two storey dwelling) was once part of the farm and overall site and is believed to have been built in 1997. The site could now accommodate four potential building plots subject to obtaining planning permission as the illustration drawing describes.
Prospective buyers are advised to make all necessary independent enquiries regarding the above statements prior to placing their bid as this will be binding.
The old farm house is of a rendered double fronted appearance and in brief comprises an entrance hall with original staircase to first floor, a full depth open plan dining kitchen and two reception rooms. To the first floor landing there are three genuine double bedrooms, bathroom and offers potential to reconfigure into four bedrooms subject to usual building regulations. Outside the site is generally over grown with gated access and driveway. The former cowsheds are mostly single storey brick built with pitch tiled roofs and are rectangular and u-shaped.
The property has wide road frontage and enjoys a southerly aspect with far reaching views and is conveniently positioned for the market towns of Heanor, Ripley and the City of Derby. It has close access to A610, A38 and M1. The sale provides a genuine opportunity for a small developer or home owner occupier looking to acquire a very sensibly priced freehold of a former farm house located within a very desirable and convenient location.
We are informed by the seller that the utilities(electric and water) are connected to the property, however at present are not in use and have not been tested by the auctioneer. Prospective buyers are advised to make all necessary independent enquiries before placing their bid as this will be binding.
The land being sold is registered as Land on the West side of 71 Loscoe Lane, DE75 7RX and Land on East Side of Scarsdale House Farm, Loscoe Denby Lane, DE75 7RX.
Freehold. Vacant possession upon completion.
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 (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.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
