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Land at Snelsmoor Lane, Chellaston, Derby DE73 6TQ

Auction Event
 

Guide Price £137,500+ plus fees

UnconditionalOn 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 May 2025

9.00am
Key Features
  • Groundworks completed with utility ducting
  • Footings and drainage already in place
  • Situated on the fringe of Chellaston in a well regarded residential location
  • Finished drive for 4+ vehicles with powered gates
  • Broadley rectangular shaped plot with superb views
  • Excellent freehold development opportunity
  • Generally level plot extending to 0.121 acres or thereabouts
  • EPC Rating: Exempt
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Land

Property Description:

An Excellent Development Opportunity

Located on the edge of Chellaston Village and situated next to the country park, is a broadly rectangular shaped plot of land which has the benefit of full planning permission granted including all reserved matters for a four bedroomed chalet bungalow Ref: DER/11/14/01569/PRI.

A proposed change the roof profile from duo pitch to mansard has been drawn up for which amended planning/building regulations would need to be applied for.

Sitting within approximately 0.121 of an acre, the land is ready for development as the footings and drainage are already in place.

Snelsmoor Lane is conveniently situated close to local shops, well-regarded schools and is within the catchment area for Chellaston Academy. The property also benefits from access to regular public transport routes and has excellent major roads links with the M1 motorway and East Midlands Airport.

Draft Sales Details

These sales details are awaiting vendor approval.

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 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.