Land for saleHarle Street, Browney, Durham, DH7
Guide Price* £110,000
- Approx 0.35 Acres
- Outline Planning Permission
- To Build 4 Dwellings
- Popular Residential Area
FOR SALE BY CONDITIONAL AUCTION, STARTING
BID: £120,000 + RESERVATION FEE. A fantastic opportunity to purchase a parcel of land which has the benefit of Outline Planning Permission for four dwellings. The site is currently flat and unused and extends to approximately 0.35 acres.
The site lies to the top of Harle Street within the village of Browney. The site also provides easy access to the nearby towns of Durham (three mile), Chester Le Street (nine miles) and Bishop Auckland (nine miles).
Modern Method Of Auction
This property is for sale by the Modern Method of
Auction which is not to be confused with traditional
auction. The Modern Method of Auction is a flexible
buyer friendly method of purchase. Upon close of
a successful auction or if the vendor accepts an
offer during the auction, there is no fee taken by the
auctioneer however the buyer will be required to put
down a non-refundable Reservation Fee of 3.5%
to a minimum of £5,000.00 + VAT ( £1,000.00)
= ( £6,000.00) which secures the transaction and
takes the property off the market. Fees paid to
the Auctioneer may be considered as part of the
chargeable consideration for the property and be
included in the calculation for stamp duty liability.
Further clarification on this must be sought from
your legal representative. The buyer will be required
to sign an Acknowledgement of Reservation form
to confirm acceptance of terms. Copies of the
Reservation from and all terms and conditions
can be found in the Legal Pack which can be
downloaded for free from the auction section
of our website or requested from our Auction
Department. Please note this property is subject to
an undisclosed reserve price which is generally no
more than 10% in excess of the Starting Bid, both
the Starting Bid and reserve price can be subject to
change. Terms and conditions apply to the Modern
Method of Auction, which is operated by Reeds
Rains powered by iam-sold Ltd
The site benefits from Outline Planning Permission for four dwellings (Application Ref: DM/15/00050/OUT). Interested parties must satisfy themselves that their intended scheme is acceptable, by speaking with Durham County Council (Tel - 03000 26 0000).
The property is available on a freehold basis with vacant possession.
VAT And Legal Costs
We are informed that the property is not registered for VAT.
Each party will be responsible for their own legal costs incurred in the transaction.
We understand the mains services are located within close proximity to the site, but urge interested parties to make their own enquiries with the various utility companies.
The property is offered for sale via the sole selling agent Reeds Rains. The vendor is seeking to dispose of the site on an unconditional basis.
Offers in the region of £180,000 are invited. All offers must be made in writing to Reeds Rains.
The site can only be viewed by appointment; interested parties wishing to inspect the site can do so by contacting the Reeds Rains Durham branch.
IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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Disclaimer - Property reference 200847841. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains , Durham City. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Reeds Rains , Durham City on 0191 384 1222.
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