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Land at Lockwood Road, Allestree, Derby DE22 2JF

Lot no: 18 Sold at Auction for £36,000
 

Guide Price £20,000+ 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 27th April 2023

10.00am
Key Features
  • Plot of land with wide road frontage
  • Potential for development (subject to consent)
  • Potential alternative use as caravan storage / builders yard / allotment land
  • Sought after suburb
  • EPC Rating: Exempt
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Sold at Auction for £36,000

Land

Property Description:

Situated to the rear of 1 Ash Close but with large 10m road frontage to Lockwood Road is this prime plot of land in sought after suburb.

The site has development potential subject to planning consent and also has potential alternative uses such as caravan storage, builders yard and allotment land. The site is 10m wide and 20m deep.

Please note

Please be advised that the auctioneers have not personally inspected the land. It may be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

Please note:

Land is registered as Land to the rear of 1 Ash Close and fronting Lockwood Road, Allestree, DE22 2JF. Please see legal pack for more information.

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.