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43 Oversetts Road, Newhall, Swadlincote, DE11 0SL

Lot no: 51.0 Sold at Auction for £70,500
 

Guide Price £70,000 plus fees


Thursday 23rd October 2014

12.00am
Key Features
Existing two bedroomed terraced type detached house set in a considerable site, having planning consent for demolition and redevelopment in the form of three houses.
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Sold at Auction for £70,500

Detached House

Property Description

FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER 

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

RESIDENTIAL DEVELOPMENT OPPORTUNITY

An opportunity to acquire a redevelopment site although there is an existing two bedroomed terraced type detached dwelling together with a large tract of land to the left and rear.  The house needs a scheme of renovation although if the residential redevelopment of the site was to be carried out, it would entail its demolition for which consent has been granted,

If built in accordance with the approved drawings, the site will contain three town houses, the two end ones extending to two bedrooms and the centre extending to three bedrooms.

In more detail, each unit, arranged over two floors would comprise the following

Plots One and Three
Lounge, dining room, rear lobby with cloaks/wc, breakfast kitchen, two bedrooms and bathroom.

Plot Two
Lounge, dining room, rear lobby with cloaks/wc off, breakfast kitchen, three bedrooms, bathroom/wc.

Planning Details
The site has the benefit of planning consent granted by South Derbyshire District Council under reference 9/2013/0754 dated 18th December 2013, a copy of which is available from the auctioneers on request together with the approved drawings.

Services
All mains services are believed to be available for connection in the public road but interested parties should make their own enquiries.

Directions
Leave Newhall centre along Main Street and take the first turning left into Oversetts Road.  The property will be found shortly on the right hand side.

Vendors Solicitors/Licensed Conveyancers
Samble Burton & Worth, Abbey Arcade, Market Place, Burton on Trent, Staffs  DE14 1HH telephone 01283 565731

Tenure
Freehold. Vacant possession on completion.

Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note
Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Residential development opportunity

Feature 2

Planning consent for demolition and redevelopment for three houses, 2 x 2 bed and 1 x 3 bed

Feature 3

Residential location close to all facilities

Tenure: