Residential Development Site, The Spittal, Castle Donington, Derby, Derbyshire, DE74 2NQ

  • Unconditional Online Sale
  • Guide Price* : £650,000

SOLD by Online Timed Auction. Thinking of Selling? Free Auction Valuations.

Pre-Auction Offers Considered - Contact the Auctioneer

Description

The site extending to 1.93 acres (0.78 hectares) and forms part of a green field and mature landscaped grounds screened by woodland. The planning consent has achieved 13 generous detached dwellings (27,249 Sq Ft GIA) with garages in generous plot sizes (6.7 dwellings to the acre).

Planning

This site benefits from a full planning consent granted on 18th January 2017 under Application No: . The planning consent comprises a mix of dwelling including 3, 4 and 5 bed properties arranged over 2 and 3 floors.

Section 106 Agreement

The planning consent has a Section 106 agreement which includes an Educational Contribution of £76,540. There is no on-site affordable housing obligations.

Services

Mains water, electricity and drainage are available in The Spittal. The scheme has been designed with an attenuation pond on site to aid surface water run-off.

Method of Sale

The property is offered for sale by Unconditional Auction (Immediate Exchange of binding contracts with 28 day completion) with vacant possession to be granted upon completion.

VAT

Not applicable

Local Planning Authority

The local planning authority is North West Leicestershire District Council. No part of the site is within a conservation area and none of the surrounding buildings are listed.

Guide Price / Reserve

This lot is offered with a disclosed Reserve of £700,000.

Index of Additional Information in Support of the Planning Application

The documentation can be downloaded from the Planning Portal of North West Leicestershire District Council however, a link can be provided, via the Selling Agents, which has
access to the following documentation:

1. Details of Planning Consent
2. Design and Access and Building for Life Assessment
(Lathams & Landmark Planning)
3. Drawings
4. Landscape Drawings
5. Protected Species Survey Report
6. Response to Leicestershire County Council
Ecologists Consultation Responses
7. Highway Impact Statement
8. Heritage Statement
9. Archaeological Evaluation, Report of Trial Trenching
10. Assessment of Subsistence Risk
11. Soil Survey Trial Pit Investigation
12. Drainage Assessment
13. Flood Risk Assessment
14. Topographical Survey
15. Arboricultural Report and Survey

Viewing: Please call - 01476 591991

Location

The site is accessed off The Spittal West in the historic village of Castle Donington. This historic and very well located village is less than 4 miles from East Midlands Airport, 2 miles from the M1 motorway and 1 mile from the A50.

The development is located just 3 minutes’ walk from the nearest bus stop with lots of local amenities close by including parks, play areas, shops, restaurants and pubs. The site overlooks a large, protected, green field expanse to the North, providing attractive parkland and playing fields for local residents.

Directions

SatNav Use Postcode: DE74 2 NQ

Ordnance Survey Map Reference SK4427NW

Notes

**As this lot must be sold it is being offered at a highly competitive disclosed Reserve**

Buyers Fees - Please note that the successful purchaser will be required to pay a Buyers Premium of 0.6% (0.5% plus VAT) of the sale price , this fee is due and payable from the winning bidder immediately after the timed auction ends.The successful bidder buyer will pay over to the auctioneer, Brown&Co, a deposit of 10% of the purchase price immediately after the timed auction ends. All Buyer payments to be made by electronic bank transfer to the Brown&Co Client Account, the details of which will be provided by the auctioneer to the successful bidder buyer immediately after the auction ends. Other fees may be payable on completion and will be detailed within the Special Conditions of Sale to be found within the published Auction Pack.

Local Authority: North West Leicestershire District Council.

Services - TBC

Ability to Buy - This property is being sold under Unconditional Auction Rules creating a legally binding contract at the conclusion of the timed auction. DO NOT bid unless you can complete the sale within 28 days.

Help and Assistance - If you have any questions or require any clarification as to the online auction process please contact the auctioneer.

Bidding Process - Prior to bidding the bidder will complete a Passport-to-Bid process, this requires registration, verification and agreement to Buyers Terms.

Following the Auction - Use 'Watch' button to follow the auction. If you register to Watch an auction you will receive email notifications of any bidding activity on the specific lot.

How It Works - Unconditional Timed Auction Online:

This is a binding method of sale similar to a traditional multi-lot public property auction. The only difference is the bidding takes place on line. The successful purchaser will be required to pay a 10% deposit on the fall of the virtual gavel and contracts will be exchanged. Bidding for properties online works in a similar fashion to eBay. You can place bids using your PC, tablet or mobile phone and the minimum amount you can bid is defined by the 'bid increment' level. When you place a bid, the property listing page will show you if your bid was successful and whether or not you are the highest bidder. When you are the highest bidder on a property, if another· bidder outbids you the system will notify you by email so that you can place another bid if you wish. The major difference from eBay is that our system eradicates sudden death 'bid sniping' through the use of auction 'extension times'. If you have any questions or require any clarification please contact the auctioneer.

Agents Notes: (1) All measurements are approximate and quoted for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on. (2) Any fixtures, fittings and appliances referred within these published details have not been tested and therefore no guarantee can be given that they are in working order. (3) Internal photographs are reproduced for general information and it is not inferred that any item shown within any picture is included with the property. (4) Photographs shown within these details have been taken with a camera using a wide-angle lens. (5) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (6) In accordance with UK Anti Money Laundering Regulations Intending buyers will be asked to produce original Identity Documentation, Proof of Address and be subjected to an electronic ID verification check before a purchase conveyance is instructed. (7) Brown&Co comply with the General Data Protection Regulation (EU) 2016/679 (“GDPR”) please visit our website www.brown-co.com for our Privacy Statement, Subject Access Requests can be submitted to dataprotectionmanager@brown-co.com . (8) Brown&Co are regulated under the RICS code of conduct. (9) Brown&Co are a member of The Property Redress Scheme, Membership Number: PRS012758 https://www.theprs.co.uk/ (10) Brown&Co-Property And Business Consultants LLP trading as Brown&Co Registered Company Number OC302092. (11) Registered Office Address – Granta Hall, 6, Finkin Street, Grantham, Lincolnshire, NG31 6QZ.

BROWN&CO ARCHITECTURE + PLANNING SERVICES - Our Architecture + Planning team provide expert advice on planning applications, architectural and urban design, master planning and building regulations. We have experience with a wide range of projects, enabling us to provide practical and creative advice and design solutions – Free initial consultation to scope requirements - call 01603 629871.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Sold for £650,000

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