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Land to the rear of 23 Station Road, Blackhall Rocks, Durham, County Durham TS27 4AR

Lot no: 37 Postponed
 

Guide Price £95,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Friday 15th December 2017

11.30am
Key Features
  • Planning permission approved for four detached houses subject to demolition of existing detached garage (planning reference DM/16/0016/FPA)
  • Potential for electronic gated access into development
  • Would surely appeal to small to medium sized developer
  • Excellent investment opportunity
  • EPC Rating: N/A
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Postponed

Land

Property Description:

Plots 1, 2 and 3 are for three bedroomed detached houses and plot 4 is a more substantial four bedroomed detached with en-suite and integral garage. We feel this development could have electronic gated access and would surely appeal to small to medium sized developers.

In accordance with the approved plans, plots 1, 2 and 3 will comprise –

GROUND FLOOR:

Entrance hall, guest cloakroom, kitchen, lounge diner.

FIRST FLOOR:

Landing, three bedrooms, family bathroom.

OUTSIDE:

There will be allocated parking spaces.

GROUND FLOOR:

Entrance hall, generous sized front sitting room, open plan rear living kitchen diner, utility, guest wc.

FIRST FLOOR:

Landing, master bedroom, en-suite bathroom, three further bedrooms, family bathroom.

OUTSIDE:

Driveway with integral garage.

Tenure:

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.

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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.