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Land adjacent to 53 Philip Road, Newark NG24 4PD

Lot no: 56 Re-entry to a future auction
 

Guide Price £37,000+ 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.

Thursday 29th September 2022

10.00am
Key Features
  • Building Plot
  • Planning Permission for three bed detached house
  • Popular Location
  • Parking
  • EPC Rating: Exempt
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Re-entry to a future auction

Land

Property Description:

DRAFT DETAILS

A freehold building plot in a popular and convenient location with full planning permission for a 3 bedroom detached house with ensuite and parking. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Well placed in a popular residential location with a god range of local amenities and easy access to Newark town centre.

Thought suitable as an ideal development opportunity.

Once built the new house will comprise-
Ground Floor:

Reception Hallway<br>Downstairs w.c.<br>Lounge<br>Dining Kitchen <br>Utility Room

First Floor

Landing <br>Bedroom One with Ensuite<br>Bedroom Two <br>Bedroom Three<br>Bathroom

Outside

Gardens to front side and rear. <br>Driveway for 2 cars.

Note

The land is registered as Land on the east side of 53 Philip Road, Newark NG24 4PD

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 (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.


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 £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

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.