Development Land For Auction AUCTION DATE 24TH MARCH TO 25TH MARCHFor sale via Online national auction on Monday 24th March 1.00pm until Tuesday 25th March 1.00pm Purchasers are deemed to rely on their own enquiries with regard to any possible development potential for this individual plot in respect of planning and any other consents or rights over the land, but these details show an artist’s impression of how a development on this site could look subject to planning application being approved by relevant local authority.1. Residential development site 2. Lapsed planning for 5 Apartments 3. 379M² Total area 4. Desirable area 5. Ideally located for transport Accommodation The proposed scheme comprises the following: Ground floor: - 1 x One Bedroom Flat (£550 - £600 pcm) - 1 x Two Bedroom Flat (£620 pcm) First Floor: - 1 x One Bedroom Flat (£550 - £600 pcm) - 1 x Two Bedroom Flat (£620 pcm) Second Floor: - 1 x Two Bedroom Flat (£650 pcm) GDV / Rental Value / Yield Estimated Total GDV: £400,000 Estimated Gross Rent: £37,080 per annum Estimated Gross Yield: 9.25%Tenure: Freehold

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.