Land
Sure to appeal to any developers keen for their next project, this lot comprises a two bedroom detached bungalow sitting on a larger development plot that covers approximately 0.47 hectares (1.15 acres).
The bungalow is known as 7 Hainworth Lane and is currently let on a standard AST producing an annual income of £10,440 and the site has had various planning applications, over the years. The most recent, submission of a pre-application for 12 semi-detached properties - Application Number: 25/03431/PMJ. In principle, this is approved, subject to the points set out in the documentation.
For further information, interested parties are advised to search the Bradford planning
portal for reference numbers 03/02682/REM, 12/03368/FUL and 17/00036/FU, as well as other associated files.
The land is located in an area that has both residential and commercial uses nearby
with Keighley town centre just over a mile to the North.
May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.8% of the purchase price 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.
