Next auction Thursday 25th April 2.30PM

Residential Development Land, Dakeyne Street Off Carlton Road, Nottingham, NG3 2AR



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Guide price

£125,000


Property Type

Land


Key Features

  • Residential development site with planning for 6 houses
  • Scope to increase density of scheme (STP)
  • Off Carlton Road, close to City Centre amenities

Part of the 14 March 2017 auction
Nottingham Racecourse at 2.30PM

An opportunity to acquire a residential development site extending to 0.47 acres with planning consent for 6 x three bedroom houses.

  • An opportunity to acquire a residential development site off Carlton Road close to the heart of Nottingham City Centre with planning consent for 6 x three bedroom dwellings. Guide Price: £90,000 to £120,000 To be offered For Sale by Public Auction on 13th December 2016 at Colwick Racecourse, Nottingham. Comprising a rectangular shaped parcel of land situated off Dakeyne Street off Carlton Road extending to approximately 0.47 acres. Planning approval reference: 14/00093/PFUL3 (PP-03120958) for the development of two terraces of three two storey, 3 bedroom family houses. Further details are available on Nottingham City Council planning portal or contact the Planning Department of Nottingham City Council on (0115) 9155555.

The site is visible from Dakeyne Street at any time.

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold with vacant possession

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