Land for sale in Site Adj, 3 Pelham Road, Nottingham, Nottinghamshire NG5

For Sale by the Modern Method of Auction - T & Cs apply.

We are delighted to present a unique development opportunity in the sought-after area of Carrington, Nottingham. This project offers the chance to construct two modern, one-bedroom maisonettes, ideal for first-time buyers, young professionals, or investors looking to expand their property portfolio.

Architectural plans available for contemporary, stylish living spaces with high-quality finishes. Each maisonette features an open-plan living area, combining kitchen, dining, and lounge spaces to create a bright and airy environment. Spacious one-bedroom layout with ample storage and natural light. Each maisonette benefits from its own private entrance, ensuring privacy and independence for residents.

Nottingham City Council

Application No: 23/00576/PFUL3 (pp-12044557)

Carrington is conveniently close to Nottingham's city centre, making it easy for residents to access shopping, dining, entertainment, and cultural attractions. The area is well-served by public transport, including buses that provide easy access to the city centre and surrounding areas. Major road networks are also easily accessible, making commuting straightforward. Carrington boasts a range of local amenities, including shops, cafes, restaurants, and pubs. There are also supermarkets and healthcare facilities nearby, ensuring that residents have everything they need within reach. The area offers several parks and green spaces, providing opportunities for outdoor activities and relaxation. Popular spots include the nearby Forest Recreation Ground and Arboretum.

The area offers a mix of housing options, from period properties to modern apartments, catering to different preferences and budgets. The area has a rich history, with many historic buildings and landmarks that add to its charm and character. Being close to Nottingham's city centre means residents have access to a wide range of job opportunities in various sectors, including education, healthcare, retail, and technology. Overall, Carrington provides a balanced lifestyle with the convenience of urban living combined with the charm of a close-knit community.

Buying Conditions

This property 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. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's 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 Information Pack

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. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.