Call 0800 038 5996

Guide Price: £750,000.00

Modern Method of Auction

Lot B Land At Beverley Road , , Weymouth , DT3 6QU

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AUCTION SOLD

Lot Number: 81432778

Property ID: 92203355

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£750,000.00

Method of Auction

Modern

Property Type

Land

Number Of Beds

1

Tenure

Freehold Property

Address

Lot B Land at Beverley Road

Key Features

• Guide Price: £750,000+
• Residential Development with Outline Planning Granted for 17 houses
• Planning Approval Currently Comprises of 12 x 2-Bedroom Homes and 5 x 3-Bed Homes
• 100% Open Market Housing
• Affordable Housing Contribution Via S106 for £31,565
• Located in the Centre of a Well-Established Residential Area
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available On Request

Description

RARE NEW BUILD DEVELOPMENT SITE WITH OUTLINE PLANNING GRANTED FOR THE ERECTION OF 17 HOUSES COMPRISING OF 12 X 2 BEDS AND 5 X 3 BEDS (SECTION B ON ATTACHED PLAN). CIRCA 1.65 ACRES.

TO BE SOLD VIA MODERN METHOD OF AUCTION (28 DAYS TO EXCHANGE, FURTHER 28 DAYS TO COMPLETE). PRE-AUCTION OFFERS MAY BE CONSIDERED. SECTION A AVAILABLE IN A SEPARATE LOT.

Planning granted for Section A - Application for erection of 17 no. dwellings with associated access under Weymouth planning reference WP/19/00993/OUT. GDV estimated in the region of £4.6m to £4.995m, provided by third-party red book surveyors.

The site has reduced affordable housing contribution with no on-site provision for affordable housing however there is a financial contribution via the S106 for £31,565.

The development would suit a build to rent operator, private developer or a subsequent sale to a housing association/provider.

Section B is available as a separate lot on an unconditional basis with no current planning in place. This site was in the 2013 SHLAA for a high density scheme which can be provided, the site was also put forward under the recent Weymouth Call for Sites.

Under the estate agents act 1979, section 21, please note the owners of Whoobid Holdings LTD have a beneficial interest in the lot.

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE.
Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: DT3 6QU

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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