Just added

Guide price

£90,000

Land for sale
Monument Lane, Ironville, Nottingham NG16

  • Auction
  • Freehold

Added on

Burchell Edwards - Ripley

Logo of Burchell Edwards - Ripley

About this property

  • Sale by Modern Auction (T&Cs apply)

  • Subject to an undisclosed Reserve Price

  • Buyers fees apply

  • Planning Permission in Principle Granted for 1-5 Properties

  • Far Reaching Views

  • Short Distance From Codnor Castle, Codnor Reservoir and Cromford Canal

  • Approx 0.63 hectares

Summary
Burchell Edwards are delighted to present to the market this land with planning permission in principle off Monument Lane, Codnor Park!

Description
An exciting and increasingly rare opportunity to acquire a well-positioned development site enjoying attractive open views and planning permission in principle for the construction of one to five dwellings.
The land is accessible for vehicles via a track leading off Monument Lane.

The planning consent permits dwellings of up to one-and-a-half storeys, making the site particularly well suited to spacious bungalows, dormer bungalows or chalet-style homes, subject to the necessary detailed approvals.
The site benefits from an attractive setting with far-reaching views across the surrounding countryside, offering the potential to create a highly desirable, small residential development. The relatively flat topography is expected to simplify future site layout and design considerations.

Prospective purchasers should note that the former reservoir structure remains beneath the site. The existing concrete roof will require demolition and collapse into the reservoir void, followed by suitable infilling and ground preparation works prior to development. This has been reflected in the site's pricing and presents an opportunity for developers and self-build specialists to unlock the full potential of the land.

Development sites of this nature, combining planning permission, a manageable scale and appealing views, are seldom available and early enquiry is strongly recommended.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Property descriptions and related information displayed on this page are marketing materials provided by - Burchell Edwards - Ripley. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Burchell Edwards - Ripley for full details and further information.