The Close, Bracebridge Heath, Lincoln
- PROPERTY TYPE
Land
- SIZE
Ask agent
Key features
- Sale by Modern Auction (T&Cs apply)
- Subject to an undisclosed Reserve Price
- Buyers fees apply
- FREEHOLD BUILDING PLOT
- POPULAR VILLAGE LOCATION
- PLANNING PERMISSION APPROVED 30/11/2016 FOR DEMOLITION OF EXISTING BUNGALOW & ERECTION OF REPLACEMENT BUNGALOW (16/1016/FUL)
- FURTHER NON MATERIAL AMENDMENT FOLLOWING GRANTED PLANNING PERMISSION APPROVED 08/03/2018 (18/0359/PNNAT)
- EXCELLENT INVESTMENT OPPORTUNITY OR POSSIBLE SELF BUILD
Description
SUMMARY
The opportunity to acquire a building plot in a popular residential location situated within Bracebridge Heath close to schools and amenities. This excellent investment opportunity could lend itself to those looking for their next building project or potentially those looking to self build.
DESCRIPTION
A freehold building plot with planning permission approved 30th November 2016 for demolition of the existing bungalow and erection of a replacement bungalow (16/1016/FUL) with a further non material amendment following granted 8th March 2018 (18/0359/PNNAT); the bungalow has since been demolished and prospective purchasers are asked to satisfy themselves regarding the current planning status.This plot is situated in a residential location within the popular village of Bracebridge Heath to the south of Lincoln City Centre. This excellent investment opportunity could lend itself to those looking for their next building project or potentially those looking to self build.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Brochures
PDF Property ParticularsFull DetailsThe Close, Bracebridge Heath, Lincoln
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lincoln Central Station2.3 miles
- Hykeham Station2.9 miles
About the agent
Choose your local Lincoln William H Brown office
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Industry affiliations
Notes
Disclaimer - Property reference LCR120598. 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 William H. Brown, Lincoln. 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.
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, Lincoln on 020 3866 6725.
*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.
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