£35,000
Land for saleSouthwick Road, Sunderland SR5
Auction
Freehold
About this property
Investment Opportunity
6 Apartments stnpp
Expired planning Ref: 13/00623/ful
gdv £300,000+
Perfect for sme
Title Area: 0.069 acres
Delegated Decision
Gateshead and Newcastle have issued a call for sites (Current - Residential & Commercial)
For sale under Modern Auction Conditions (Please read auctioneers comments)
This land is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property.
6 Apartments stnpp
Expired planning Ref: 13/00623/ful
gdv £300,000+
Perfect for sme
Title Area: 0.069 acres
Delegated Decision
Gateshead and Newcastle have issued a call for sites (Current - Residential & Commercial)
For sale under Modern Auction Conditions (Please read auctioneers comments)
This land is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property.



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