Land
Prime Development Opportunity: Land with Outline Planning Permission
Application REF: 2009/0831/NT
Situated in a picturesque setting surrounded by woodland within a well-regarded area, this expansive piece of land offers a rare opportunity for discerning developers and investors. Boasting outline planning permission for six high-end dwellings, the circa 1 acre plot presents immense potential for further enhancement and development. Furthermore the valley area is in addition to the area over which planning has been granted, therefore offers huge scope to enhance the planning permission. With local amenities conveniently close by, residents will enjoy easy access to essential services and facilities.
Adjacent to the land lies a tranquil woodland area which is circa 6.5 acres and also owned by our clients, adding to the property’s appeal and providing potential for increased amenity space or additional development opportunities (subject to separate negotiations). The serene setting offers a peaceful and private environment, ideal for the construction of individual executive properties.
Notably, the absence of ransom strips on the spur road entrance streamlines the development process, minimising potential hurdles and facilitating smoother progress. Not only that, there is no section 106 agreement required, no CIL required and affordable housing required. These are all huge advantages to this wonderful plot. Whether you’re an experienced developer seeking a new project or an investor with a long-term vision for major development, this property presents an exciting and lucrative opportunity.
Freehold. See legal pack.
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.
