Land
Tucked away in a quiet residential location is a freehold development opportunity to acquire a generous size and broadly rectangular shaped parcel of land, with outline planning permission (reference 21/01818/0UT under Derby City Council) granted for the erection of a single, two storey dwelling.
The single building plot will appeal to small builders/developers or home owner occupiers and in our opinion may lend itself to an alternative scheme subject to obtaining the usual planning consents.
The site is generally level in appearance and is accessed off Thorndike Avenue which is an established location of mainly mixed one and two storey housing and is situated within easy reach of Alvaston Shopping Centre. There are excellent road network connections providing swift access onto Pride Park and Derby City Centre.
We are informed by the seller the road directly in front of the land is privately owned and vehicular right of way is available to purchaser, however, the cost will vary depending on which services the developer wants to accommodate within the easement. Please seek further information from the legal pack.
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.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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.
