• Cleared former garage site

• Planning Permission for 2 x 2-Bedroom Bungalows

• No Section 106 Agreement or planning condition restricting occupation or disposal of the dwellings as affordable housing

• To be offered for sale via Knight Frank Auctions on 10th December (will not be sold prior)

Property Description

On the instructions of a Housing Association.

A residential development opportunity comprising a former garage site with planning permission for the construction of two 2-bedroom bungalows, each extending to approximately 613 sq ft (57 sq m), together with associated parking and landscaping. The site extends to approximately 0.06 hectares (0.15 acres) and occupies an established residential location within the popular market town of Oundle.

Planning
Planning permission was granted by East Northamptonshire District Council under application 15/00417/FUL for the demolition of the former garages and construction of two affordable 2-bedroom bungalows. We understand the garages have been demolished and that planning conditions have been discharged, therefore planning permission has been implemented, although interested parties should satisfy themselves as to its status and validity. Furthermore, we are advised by the vendor that there is no Section 106 Agreement or planning condition restricting occupation or disposal of the dwellings as affordable housing, thus allowing for private open market sales upon completion. Interested parties should refer to the legal pack and rely on their own enquiries in this regard.

Location

Oundle is an attractive and highly regarded historic market town in eastern Northamptonshire, renowned for its characterful stone buildings, excellent range of independent shops, cafés and restaurants, and the internationally recognised Oundle School. The town provides a comprehensive range of day-to-day amenities, including supermarkets, healthcare facilities and leisure attractions, whilst benefitting from convenient road links to Peterborough, approximately 13 miles to the east, which offers mainline rail services to London King's Cross. The site is situated within an established residential area on St Peter's Road, within easy reach of the town centre and local amenities.

Occupancy

Vacant

Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.