Residential Development
An excellent opportunity to purchase a superb and rarely available plot with planning permission already approved in July 2023 to build five, four bedroom detached homes in an extremely desirable and sought after location.
This site offers a fantastic opportunity to maximise your investment by building 5 detached properties. The planning and design has been meticulously prepared in order to maximise the investment opportunity and potential on offer
The location is very well regarded and has a rich history of New Build properties in the surrounding area therefore demand for these properties will be high.
Within the surrounding area you will find excellent shopping facilities and choice of primary schools, along with a major junction on the West Coast train line with easy access to Greater Manchester and North Staffordshire.
Registering to bid comes highly recommended.
Note from the Solicitor:
The overage provisions referred to in the Transfer dated 24 August 2017 and registered against the title to the property are being released. The Seller hereby confirms that a. any prospective Buyer will not be bound by the terms of the overage provisions and b. in any event, no monies will be payable by the Buyer in respect of such overage provisions (either upon the sale of the Property or at any future date). Please see legal pack for further information.
These sales details are awaiting vendor approval.
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 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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers 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 Buyers 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.
