Land for sale in St. Johns Road, Chesterfield S41

For sale by auction on Thursday, 16 May 2024 at 12:30

Venue: Live Stream

for sale via live stream auction on the 16th may - please note you will need to pre-register in order to bid by 17.00 the previous day.

If you are wanting to watch the live stream auction but do not wish to bid, this can be done by clicking on the Green Banner which will be displayed on our website prior to the auction.

If you have not registered to bid and are wanting to register, click on the 'Register to Bid' button on our website and follow the instructions on the screen. Please note that you will need to be registered for the auction by 17.00 the previous day.

If you have registered to bid, click on the Green Banner, and press the ‘Sign in to bid’ button – this will then ask you to login with your Auction Passport account. Once you have logged in, you will then be able to watch the live stream auction and bid on the entries you have registered for.

If you have any queries, please do not hesitate to contact us.

An excellent opportunity to purchase a site measuring approximately 600sq.metres or thereabouts.
The site has full residential planning consent for the erection of a block of four apartments. It is believed that the apartments will have a residual value in the order of £120,000 each. It is further believed that they will each have a rental value in the order of £575-£600 per calendar month. The finished scheme will thus have a rental potential in the order of £28,000-£29,000 per annum gross. Each apartment will briefly comprise of an open plan lounge/kitchen area, bathroom, and two double bedrooms. The outside will see communal gardens to the rear together with car parking spaces. Planning permission was granted on the 5th April 2022 under Chesterfield Borough Council office code che/21/00694/ful.

Viewings
Prospective purchasers are welcome to go and view the land at any suitable time during daylight hours.

EPC Rating: N/A

Additional Fees
Buyers Premium: 1.75% of the purchase price plus VAT, payable on completion.

Administration Charge - £1800 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.