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Land for sale
Land Adjacent to, 5 Primrose Hill, Northampton NN2 6ER
£295,000
Land Adjacent to, 5 Primrose Hill, Northampton NN2 6ER
£295,000
Our Summary
- For sale by Unconditional Online Auction
- A building plot of land between two residential homes within a popular area of Northampton with development opportunity
- A building plot of land between two residential homes within a popular area of Northampton
- Planning Application Ref Number - N/2014/1387
- Removal of Planning Condition under Ref Number - N/2017/1093
- This is a fantastic investment opportunity for a developer for either private resales or build to rent due to its location
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- For worked examples please refer to the Auction Conduct Guide
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
Description
A building plot of land in a popular area of Northampton is being sold by unconditional online auction, offering a development opportunity. The site is currently occupied by a garage, but planning permission is in place to demolish it and build a four-storey apartment scheme with six one-bedroom apartments. The property is located on the A508, close to amenities, shops, bars, and restaurants, as well as excellent public transport links and the city center. This is a fantastic investment opportunity for a developer, with potential for private resales or build-to-rent. The sale is subject to SDL Property Auctions' terms, including a 5% deposit and a buyer's fee of 4.8% of the purchase price, which does not contribute to the purchase price but is taken into account when calculating Stamp Duty Land Tax.