Land for sale

Land Adjacent To Weardale House, Stanhope

Guide Price* £40,000
0.4 ac.

Property Description

Commercial information

  • 0.4 acres (0.16 hectares)

Key features

  • Development Site
  • Approx. 1600m2 (not inc. road access)
  • For Sale By Auction - T & C's Apply
  • Subject to an undisclosed Reservation Price
  • Reservation Fee Applicable
  • The Modern Method of Auction

Full description

Tenure: Freehold

For sale by Modern Method of Auction; Starting Bid Price £40,000 plus Reservation Fee an opportunity to purchase a potential residential development site. We are advised that development has commenced, however interested parties should should seek conformation from Durham County Council that the planning permission remains valid. The site extends to approximately 1600m2 (not including the access road). This property is for sale by Great North Property Auction powered by iam-sold Ltd.

Auctioneers Comments
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 from the date the buyer's solicitor is in receipt of the draft 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% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment 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 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 "The Great North Property Auction powered by iam-sold Ltd" or "iam-sold Ltd".

Area
Stanhope is a market town in Weardale. The site is located off Union Lane on the land to the east of Weardale House (a former Workhouse dating back to 1867). A good range of local shops and facilities are available in Stanhope. A more comprehensive range of services are available in the nearby towns Hexham 25 miles, Crook 12 miles, Bishop Auckland 16 miles.

East Coast mainline rail travel from Darlington, Durham and Newcastle railway stations. Air travel from Newcastle International Airport.

Plan
The land is shown edged red on the attached Title Plan DU287029. Please note the land edged Green (Title DU336725 and DU345816) and the land edged Blue is not included in the sale. The site area excluding the access road extends to approximately 1600m2.

Planning
Application 3/2011/0449 - Proposed new dwelling.
Approved 1st June 2012.
The plans are available for inspection at the Agent's office or on the Durham County Council website.

We are advised that development has commenced, however interested parties should seek conformation from Durham County Council that the planning permission remains valid.

Proposed Development
A three storey, six bedroom, detached house with garages.

Council Tax
Council Tax Band to be confirmed.

Rights and Easements
The land is sold subject to, and with the benefit of all rights of way (public & private), water, drainage, watercourses and all other easements, wayleaves, and rights of adjoining land owners whether mentioned in these particulars or not.

Access
The access road is owned and is subject to third party rights.

Services
Mains water, mains electricity and mains drainage are available to connect to nearby.

Local Authority
Durham County Council, County Hall, Durham, County Durham, DH1 5UL
Telephone 03000 260 000 Website www.durham.gov.uk

Viewing
By appointment through the selling Agents. 


More information from this agent

Listing History

Added on Rightmove:
05 October 2018

Nearest station

  • Riding Mill (14.1 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Vickers & Barrass , Crook

5 South Street, Crook, DL15 8NE

01380 593018 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Riding Mill (14.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickers & Barrass , Crook

5 South Street, Crook, DL15 8NE

01380 593018 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 103264000224. 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 Vickers & Barrass , Crook. 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 Vickers & Barrass , Crook on 01388 766676.


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