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Prize Farm, Off Oaklands Avenue, Littleover, Derby, Derbyshire DE23 2QJ

Lot no: 34 Sold Prior to Auction
 

Guide Price £230,000+ 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.

Wednesday 11th April 2018

11.30am
Key Features
  • Planning permission approved for two contemporary style detached dwellings (DER/08/16/01004)
  • Existing dilapidated dwelling, outbuildings in about 3 acres of land in all
  • Uniquely located in a tranquil rural setting
  • Alternative scheme may well be considered
  • EPC Rating: N/A
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Sold Prior to Auction

Land

Property Description:

The property is a registered smallholding and extends in all to about 3 acres. It is set amidst fields and approached via a gated driveway which in turn leads to the current detached residence now in a dilapidated state of repair. We believe it formerly comprised of two bedrooms.

If built in accordance with the approved plans, plot one will be a contemporary two storey four bedroomed family home which will comprise of entrance hall, guest cloakroom, garden room and large open plan living kitchen, a full depth lounge with bi-fold doors and study/library. To the first floor the landing will lead to the master bedroom with dressing area, en-suite bathroom, bedroom one will have its own en-suite shower room, two further well proportioned bedrooms and a family bathroom with four piece suite. The gardens will be mainly laid to lawn with driveway and parking.

Plot two will comprise of a very contemporary style family/retirement bungalow and in brief the accommodation will consist of entrance hall with guest cloakroom, formal sitting room with two sets of patio doors, a separate study and a light and spacious open plan living kitchen dining room with utility room, store room and garden store room accessed from the outside. Located off from the main entrance hall is a passageway which will provide access into the family bathroom, master bedroom with fitted wardrobes and luxury en-suite bathroom, further guest bedroom with en-suite bathroom and a third double bedroom. Outside there will be gardens mainly laid to lawn with driveway and parking.

We are informed by the seller that the local planning authority has indicated that a scheme of three smaller dwellings may well be considered.

The remaining land could either be split with the two plots or in our opinion would ideally suit plot two and potentially offering the chance of equestrian pursuits.

Excellent freehold development site.

Services

Mains electricity and drainage are connected to the property. There is a pumped well water supply. No mains gas.

Revised Sales Details

19/03/18

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.