COVID-19 – Important Auction Information
For Sale By Auction | 12:30, 13 July 2022

Land Adjacent To 65 St. Johns Road, Newbold, Chesterfield, Derbyshire, S41 8TE

*Guide | £95,000+ (plus fees)

  • Land
  • Tenure: Freehold

Call the team on 01246 232 698 for more information

Auction Date

Wed 13/07/2022

Auction Time

12:30

Auction Venue

Live Stream

FOR SALE VIA LIVE STREAM AUCTION ON THE 13TH JULY - PLEASE NOTE YOU WILL NEED TO PRE-REGISTER IN ORDER TO BID BY 17.00 THE PREVIOUS DAY.

If you are wanting to watch the live stream auction but do not wish to bid, this can be done by clicking on the Green Banner which will be displayed on our website prior to the auction. If you have not registered to bid and are wanting to register, click on the 'Register to Bid' button on our website and follow the instructions on the screen. Please note that you will need to be registered for the auction by 17.00 the previous day. If you have registered to bid, click on the Green Banner, and press the ‘Sign in to bid’ button – this will then ask you to login with your Auction Passport account. Once you have logged in, you will then be able to watch the live stream auction and bid on the entries you have registered for. If you have any queries, please do not hesitate to contact us.

Tenure

Freehold

An excellent opportunity to purchase a site measuring approximately 600sq.metres or thereabouts.

The site has full residential planning consent for the erection of a block of four apartments. It is believed that the apartments will have a residual value in the order of £120,000 each. It is further believed that they will each have a rental value in the order of £575-£600 per calendar month. The finished scheme will thus have a rental potential in the order of £28,000-£29,000 per annum gross. Each apartment will briefly comprise of an open plan lounge/kitchen area, bathroom, and two double bedrooms. The outside will see communal gardens to the rear together with car parking spaces. Planning permission was granted on the 5th April 2022 under Chesterfield Borough Council office code CHE/21/00694/FUL.

Viewings

On site at any reasonable time during daylight hours.

Energy Efficiency Rating (EPC)

Current Rating N/A

Local Authority

Chesterfield Borough Council

Solicitors

Barry Severn, Dennis Rye Ltd, Mansfield, Tibshelf, Derbyshire, DE55 5NF, Ref: Barry Severn

Additional Fees

Buyer's Premium - 1.75% of the purchase price plus VAT, payable on completion.

Administration Charge - £1800 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.