Cottage
A derelict period cottage with with far-reaching views across the Staffordshire countryside benefiting from outline planning consent for the creation of a new dwelling.
Location
The site is located in the village of Alsagers Bank. The village is well known for its wide-stretching views across Staffordshire. The village comprises St Johns Church (Church of England), a primary school, and a football club. There is a regular bus service through the village between Newcastle under-Lyme and Audley.
The site is located less than 4 miles from the A500 which provides wider connectivity
to the M6 Motorway.
Planning
The site benefits from outline planning consent for a replacement detached 2 storey dwelling with all matters reserved dated 3 July 2023 (Ref; 23/00103/OUT). Interested parties should direct all enquiries to Newcastle under Lyme Borough Council planning department.
Please be advised that the auctioneers have not personally inspected the property and there is no internal access available. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
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 under an Unconditional sale type.
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 (subject to a minimum of £6,000 inc. VAT).
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.
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