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Plot for sale
Hannington, Northampton
£600,000
Hannington, Northampton
£600,000
Our Summary
- FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 30TH OF ARPIL 2025 COMMENCING AT 11:00AM SALE VIA A LIVE-STREAMED AUCTION GUIDE PRICE: £600,000 - £650,000VIEWINGS - BY APPOINTMENT ONLY An exceptional rural development opportunity comprising land extending to just over one acre with Full Planning Permission to construct six detached houses on the site of the former Old Red House Public House now demolished
- TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: orthamptonshirePlanning Permission - Planning permission has been granted for the construction of 6 dwellings
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
Description
A rare opportunity to develop a 1-acre site in the rural village of Hannington, Northamptonshire, with full planning permission to build six detached houses. The property, formerly the Old Red House Public House, has been demolished and the site is ready for development. The planning permission includes the construction of five-bedroom houses, with the foundation for Plot 4 already laid and the Community Infrastructure Levy (CIL) tax paid by the vendor. The site has the benefit of a start with the entrances to the development site already constructed and approved by the local council. The estimated Gross Development Value is £3.6 million, and the buyer will be required to pay an administration charge of £1,140. The property is being sold by public auction on April 30th, 2025, with a guide price of £600,000 to £650,000. Viewings can be arranged by appointment only.