Lot 45 - Land With Potential
ONLINE AUCTION from 1st - 3rd September
Plot 2 extends to approximately 0.20 acres and benefits from vehicular access directly from Staplers Road. Situated on the outskirts of Newport, the Isle of Wight's county town, the site occupies a convenient and accessible location with a range of local amenities nearby.
The land offers potential for future development, subject to obtaining the necessary planning permissions and statutory consents. An indicative artist's impression has been prepared to demonstrate the potential for a pair of semi-detached bungalows, illustrating one possible development concept subject to necessary planning consents.
The site is considered to have scope for a variety of future uses, making it an attractive opportunity for developers, investors, or self-build purchasers seeking to add value through planning and development, subject to all necessary consents.
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
Lot 45 - Land With Potential
Paul Fosh Auctions
Sean Roper
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.