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Property description

Land for Sale with Outline Planning Permission via Modern Method of Auction

An excellent opportunity to acquire a prime piece of residential development land with outline planning permission. This substantial plot is ideally suited for residential development, offering a blank canvas for developers to create a bespoke housing project. The land benefits from approved outline planning permission, ensuring the potential for a smooth development process. Key conditions include the approval of layout, scale, and appearance, as well as landscaping details to be finalised. The site offers easy access to necessary utilities and is situated in a desirable location with excellent transport links and local amenities.

This property is being sold via the Modern Method of Auction through iamsold, which is a flexible and transparent buyer-friendly process. The successful buyer will be required to pay a non-refundable reservation fee of 4.2% to secure the property, subject to a minimum of £6,000 including VAT. The reservation fee is paid in addition to the purchase price and is considered as part of the total purchase price. Please note that the sale is subject to undisclosed reserve prices and auction terms and conditions. This method of sale allows buyers to secure property swiftly with an immediate legally binding contract once the reservation fee is paid.

Don't miss this chance to develop a residential project in a thriving community. For further details, terms, and conditions, please contact the office,

Disclaimer

The Council has granted outline planning permission for the proposed residential development subject to conditions, including timelines for reserved matters and commencement, approval of layout, scale, appearance, and landscaping details, compliance with approved plans, submission and approval of a Construction Environmental Management Plan, details for surface water disposal, completion of drainage works before occupation, coal mining risk management, site stability confirmation, maintaining visibility splays, installation of electric vehicle charging points, precise ground level details, biodiversity enhancements, and restrictions on tree and hedgerow removal during the bird nesting season. Compliance with these conditions ensures the development meets sustainable and regulatory standards. Please view on Stoke on Trent City Council Website under refrence: 70578/out

Auctioneer 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 £6,600.00 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.

Auctioneer Comments

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.