Land
The site comprises an irregular shaped plot of land fronting Sanders avenue Mansfield and sits within a popular residential estate of ex-council dwellings extending approximately half an acre or thereabouts. The area has and still is undergoing substantial regeneration with many of the original ex council dwellings being demolished and rebuilt over the past 10 years. The site sits to the end of Sanders avenue at the junction with Austin Close. The scheme is for 3 NO 3 Bed terraced properties which is in keeping with the recent developments and in a high demand. Within half a mile you have local schools, Supermarkets and Mansfield Town Centre and train station.
We advise interested parties to inspect the legal pack and the planning information which can be found via Mansfield District council REF NO 2018/0446/FUL
We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.
Services are believed to be available within the vicinity of the site; however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their Specific requirement.
We are advised that VAT will not be applicable on this transaction.
We understand that the site has previously suffered from Japanese Knotweed, which has been treated by the local council who also own the adjoining land. There will be a letter uploaded in the legal pack to confirm this.
The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.
Freehold.
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 Variable Fee (England and Wales).
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 fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 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.
