Residential Development
A residential development opportunity comprising a parcel of land extending to approximately 0.13 acres (519.19m.sq.) and benefitting from approved planning consent for the construction of 2 x 4 bedroom semi detached houses and 1 x 4 bedroom detached house. We are advised that a number of the pre-commencement conditions have been released and the detached house is built up to chamber level with building regulations approval along with a 10 year warranty which has been paid in full. The semi detached houses are at foundation level and again passed by building regulations. The sale provides an opportunity for a builder / developer looking for their next project that they can commence work on quickly.
The site fronts onto Lees Street close its junction with Long Street in a popular residential location close to local amenities and facilities including shops, schools and colleges. Gorton Train Station is a short walk away and provides convenient access into Manchester City Centre located just 3.5 miles to the west along with excellent motorway links.
Planning permission was approved by Manchester Council on March 2021 for the construction of a pair of semi detached houses and one detached house (planning ref - 128043/FO/2020)
We understand that door numbers have been paid for and allocated and Manchester Council highways fees paid.
These sales details are awaiting vendor approval.
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 under and Unconditional sale type.
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 1.2% of the purchase price (subject to a minimum 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.
