A18 Trunk Road
Scunthorpe, Althorpe
Guide Price
£550,000
Tenure: Freehold
Ref: SCT110168
- Sale by modern auction (t apply)
- Subject to an undisclosed reserve price
- Buyers fees apply
- Attention self-build buyers and investors
- Planning reference no pa/2022/629
- Superb exclusive development opportunity
- Land with granted planning permission for a total of 14 residential units read more show less
Have you ever dreamt of building your own home? Attention Self Build Buyers & Investors! A superb opportunity has arisen to purchase 1 of 14 self-build plots on this exclusive estate. Located in the village of Althorpe and having great access to the local town of Scunthorpe and neighbouring villages
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Council Tax Band: Contact branch
Tenure: Freehold
in detail
Fantastic opportunity for anyone looking to build their own home, or invest in an exclusive estate! We are pleased to present this development which is well placed in the desirable village of Althorpe for easy access and good travel links into Scunthorpe town centre and the neighbouring villages of Keadby, Gunness and Burringham. This development is situated close to the local amenities and schools and is a superb opportunity to purchase land with planning permission for an exclusive enclave of up to 14 family homes! These homes will appeal to families of all sizes and ages and will be perfect for both locals and commuters. The plots are available to purchase individually or as a whole. This specific plot has planning permission under house type C which is a three bedroom house.
1.The Seller will construct the estate roads and sewers to an adoptable standard and provide up to the boundaries of the plot connections to the foul and suface water drains,water supply pipes and electric but the Buyer shall be responsible for all connections and connections cost within the plot.
2.The Buyer will be required to enter into a covenant to construct the property on the plot in accordance with planning consent reference PA/2022/629 dated 27/7/2022. And shall not apply for any other planning consent or variation of the above planning consent without the written permission of the Seller.
More information can be found under the planning reference: PA/2022/629.
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 £300 inc VAT towards the preparation cost of the pack.
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.The Seller will construct the estate roads and sewers to an adoptable standard and provide up to the boundaries of the plot connections to the foul and suface water drains,water supply pipes and electric but the Buyer shall be responsible for all connections and connections cost within the plot.
2.The Buyer will be required to enter into a covenant to construct the property on the plot in accordance with planning consent reference PA/2022/629 dated 27/7/2022. And shall not apply for any other planning consent or variation of the above planning consent without the written permission of the Seller.
More information can be found under the planning reference: PA/2022/629.
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 £300 inc VAT towards the preparation cost of the pack.
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.
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Scunthorpe team...
16-18 Oswald Road
SCUNTHORPE
South Humberside
DN15 7PT
SCUNTHORPE
South Humberside
DN15 7PT
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY
AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
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