For SaleLand in Tatlers Lane, Stevenage, SG2£185,000
Property Type
Land
Offer In Excess Of
£185,000
Key Features
- Being sold by goto online auction
- Buy it now option available
- Buyer’s fees apply
- Road access
- Land
Resources
Description
Being Sold by YOPA Online Auction Starting Bids from £185,000 Buy it now option available
Please call or visit YOPA Online Auctions for more information.
YOPA Online Auctions is a new, innovative and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone. YOPA also offer a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date.
If you request a viewing of this property or make an offer, then you agree that your personal information (name and contact details) will be shared with GOTO Auctions (YOPA’s Online Auction partner) to enable them to ensure that you understand the auction process.
To book a viewing visit YOPA.
The site is approximately 0.06 hectares in area and is contained by residential dwellings on three sides. The site is well screened with a hedgerow surrounding the site, as well as a number of trees on the northern boundary.
Access to the site is via an existing gate on the north western side of the site.
The site is currently undeveloped pastureland with residential dwellings surrounding the site on three sides.
The site is located within the Green Belt of the local authority of East Hertfordshire Council, albeit lies adjacent to the built-up area of Stevenage and abuts the boundary
of Stevenage Borough Council authority area.
The site is located within Flood Zone 1, which is the lowest risk of flooding.
The site currently consists of 6 separate trees spaced across the site (a mixture of apple and plum trees), a cluster of trees located on the north-western boundary of the site (all early mature ash tree) and grassland, it is bordered by a hedge (hawthorn with privet) along Tatlers Lane and a second hedgerow along the north-east/eastern boundary of the site (hawthorn). There are no TPOs affecting the site
Site Location
The site is situated in the south west of the settlement of Aston End on the northern side of Tatlers Lane. Tatlers Lane runs from Barham Road to the west to Long Lane to the east, when travelling west to east, the appeal site gradually runs south then on approach to Long Lane and Short Lane the road runs north.
Overage
The property is being offered for sale subject to overage provisions. In the event planning permission is granted for residential development within a period of 20 years, the Purchaser(s) shall pay to the Vendors 20% of the uplift in value to which the planning permission gives rise.
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT and a Legal Pack fee of £372 including VAT (this is subject to a minimum amount of £6,600 including VAT and a Legal Pack Fee of £372 including VAT). This secures the transaction and takes the property off the market. The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.