Land Adjacent to, 5 Primrose Hill, Northampton NN2 6ER

For sale by Unconditional Online Auction. A building plot of land between two residential homes within a popular area of Northampton with development opportunity.

A building plot of land between two residential homes within a popular area of Northampton. The site is currently occupied by a garage but there is planning in place to demolish the existing garage and to build a four storey apartment scheme containing 6 x one bedroom apartments. A letter of commencement has been issued, which can be found in the legal pack.

Planning Application Ref Number - N/2014/1387.

Removal of Planning Condition under Ref Number - N/2017/1093.

Registered under Title Number NN357257.

This is a fantastic investment opportunity for a developer for either private resales or build to rent due to its location. The site is located on the A508 with an array of amenities and services nearby including shops, bars and restaurants and excellent public transport links. The site is also within a short distance of the City Centre.

Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Freehold

EPC Rating: N/A

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.