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Land for sale
Low Etherley, Bishop Auckland, County Durham, DL14
£90,000
Low Etherley, Bishop Auckland, County Durham, DL14
£90,000
Our Summary
- An exciting opportunity to acquire a plot for residential development, sold with the benefit of outline planning permission for a single dwelling
- The PropertyWe are delighted to offer to the market an exciting opportunity to acquire a building plot to develop a family home
- This residential plot for development is sold with the benefit of outline planning permission for a single dwelling, offering its own access and ample car parking space and gardens, subject to all reserved mattersPlanningThe property is sold with the benefit of full planning under planning reference DM/21/02210/OUT
- Overage ClauseThe plot is sold with an overage or clawback clause in place, where should planning be amended and more than one dwelling built, 25% of the uplift in value will be paid to the vendor, for a period of 25 years
Description
The property is a residential plot for development, sold with outline planning permission for a single dwelling, located in a highly sought after residential area with excellent transport links. The plot offers ample car parking space and gardens, and is sold with the benefit of full planning under planning reference DM/21/02210/OUT. However, an overage or clawback clause is in place, where should planning be amended and more than one dwelling built, 25% of the uplift in value will be paid to the vendor for a period of 25 years. The property is freehold and vacant, and an EPC rating is exempt. Viewings are strictly by prior appointment, and the property can be located using the unique combination of three words provided by the vendor.