Residential Development in Burton on Trent
Development Site off Beaufort Road, Brizlincote Valley, Stapenhill, Burton on Trent, DE15 9GY
- Lot No: 22
- Property Type: Residential Development
- Contract Type: Unconditional with Variable Fee
Guide Price* £128,000+ plus fees
Result Sold at Auction £140,000
Property Description
Planning permission has been granted for the erection of a two storey, block of 4 x 2 bedroomed apartments with associated parking and gardens. Ref P/2019/01533. The site is situated adjacent to the Tesco Express store in a highly desirable and convenient location within Brizlincote Valley. Well placed for access to local amenities, Burton town centre and commuter links. An ideal development to either build and sell on individually or a great build to rent opportunity. Estimated rental income circa £25,000 per annum. In more detail each property will comprise -
Proposed accommodation:
Lounge/Kitchen - Offering open plan living. Inner Hallway Bedroom One Bedroom Two Bathroom
OUTSIDE:
Two parking spaces for each flat. Communal gardens and bin store area.
Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.
The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 30th July 2020
Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
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