4 bedroom flat for saleFlats 1-3 & Land at Bridgeford House , Doncaster , DN7
- A parcel of land with outline planning permission granted
- Plans for a two storey property with commercial premises
- Land measuring approx. 0.03HA
- Three current flats also for sale
- Previously all tenanted with a combined yield of £12,844 PA
- New Reduced Guide Price Of £100,000
- *** SOLD PRIOR TO AUCTION *** For further lots for sale via auction, please contact the auctioneers to request our March Auction Catalogue
*** SOLD PRIOR TO AUCTION *** For further lots for sale via auction, please contact the auctioneers to request our March Auction Catalogue - W H Brown, Northern Auction Centre, 38 High Street, Bawtry, Doncaster, DN10 6JE Tel. 01302 710490
New Reduced Guide Price Of £100,000
A parcel of land with outline planning permission granted for the erection of a two storey property, with commercial premises & two flats, also included in the sale are three separate flats, all tenanted, located within Bridgeford House
Offered for sale is this unique investment opportunity to obtain a parcel of land measuring approximately 0.03HA, with outline planning permission granted on the 27th January 2016 for the development of a two storey property, providing a retail premises to the ground floor & two flats, both providing two bedrooms, with a separate external staircase to access the first floor. Further details of the plans can be viewed via Doncaster Metropolitan Borough Council under reference 15/02008/out. Also included in the sale are three flats located adjacent to the land within Bridgeford House, two of which are above commercial premises, and one located to the rear. One flat is currently tenanted on an AST producing a yield of £85 per week; the two other flats have recently been decorated & have now become tenanted with a yield of £81 per week, per flat. The flats provide an ideal investment opportunity with a combined yield of in excess of approximately £12,844. All flats feature gas central heating & double glazed windows.
Please note, we have been made aware that the shop to the ground floor of Bridgeford House will be for sale at a later date.
Proposed Plans For Land
Shop Premises, Three Storerooms & Hallway With Stairs
External Staircase Leading To Communal Entrance To Flat One & Flat Two
Kitchen, Lounge, Bathroom & Two Bedrooms
Kitchen, Lounge, Bathroom & Two Bedrooms
Current Flats 1-3 Bridgeford House
Vacant Flat Three (Ground Floor)
Lounge, Dining Kitchen, Bedroom & Bathroom
Tenanted Flat One (First Floor)
Hall, Lounge, Kitchen, Two Bedrooms & Bathroom
Flat Two (First Floor)
Hall, Lounge, Dining Kitchen, Two Bedrooms & Bathroom
William H Brown, Unit 1 Station Road Hatfield, Doncaster, DN7 6QD,
T: 01302 842999
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors 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 12.00 noon. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a contract documentation charge of £708.33 + vat (£850) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective. A catalogue, which also contains the Order of Sale, may be obtained from the auctioneers office.
All offers made prior to auction must be able to exchange immediately once informed acceptable & must adhere to all the auction conditions. But please note we are unable to accept and exchange on any offer the week prior to the auction. Offers are more than welcome but we would need you to take this to the room or for it to be a telephone or proxy bid.
Please be aware that some properties will only be sold in the auction room and the sellers will not consider any offers prior to the sale.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
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*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 William H. Brown, Northern Auction Centre on 01302 710490.
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