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Plot for sale

Houton Head, Orphir, KW17 2RD

Guide Price* £109,950

Property Description

Key features

  • 24 acres of registered croft land.
  • Planning in Principle to erect a dwellinghouse.
  • Beautiful views across Scapa Flow.
  • land: 24 acres

Full description

For sale by Modern Method of Auction: Starting Bid Price £109,950 plus Reservation Fee. This property is for sale by The Great Scottish Property Auction powered by iam-sold Ltd.

There is Planning Permission in principle (O.I.C ref 17/041/PIP) to erect a new dwellinghouse at Houton Head and the property would enjoy outstanding views over Scapa Flow.

Houton Head is a registered croft and the new owner, once registered with the Crofters Commission, may be eligible to apply to the Croft House Grant Scheme operated by the Scottish Government for financial assistance to erect a croft house.
The land is to grass and classified as Region 1 by the Scottish Government with regard to the new Basic Payment Scheme within the Common Agricultural Policy. The expected rights to claim entitlements will be passed onto the new owners.

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. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT, subject to a minimum of £3,750 plus VAT, which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of the website www.iam-sold.co.uk or requested from the 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 The Great Scottish Property Auction powered by “iam-sold Ltd”.

For an appointment to view or make a bid, contact Lows Property Department or visit www.iam-sold.co.uk.


More information from this agent

Listing History

Added on Rightmove:
07 July 2017

Map & Street View

Disclaimer - Property reference 24346. 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 Lows Solicitors, Orkney. 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.

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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 Lows Solicitors, Orkney on 01856873151.


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