Bellhouse Road, Sheffield

STARTING BIDS £395,000

This 0.39 hectares of land development is being offered for sale by the Modern Method of Auction. The successful buyer will have 56 working days to exchange and complete (the Reservation Period), allowing time to arrange mortgage finance where required.If you are the successful bidder, you'll enter into a Reservation Agreement and pay a non-refundable Buyer's Premium. This secures the land, removes it from the market and helps provide greater certainty for both buyer and seller.This land is subject to an undisclosed Reserve Price, which is typically no more than 10% above the Starting Bid.For more information, please contact the agent or visit GOTO Online Auctions
Exceptional Property Development & Investment Opportunity
An excellent opportunity for investors and development partners to get involved at the very start of this exciting project. Situated at the heart of a highly popular residential neighbourhood, the site benefits from excellent transport links, local amenities and strong surrounding residential demand.Importantly, the project has received an outstanding pre-application report from Sheffield City Council, indicating potential for the development of up to 15 - 16 properties.The proposed scheme includes a desirable mix of semi-detached properties and townhouses, as illustrated in the architect-generated images.This is more than simply an investment opportunity. JBS Estates are seeking forward-thinking investors and development partners who want to be involved throughout the planning and development process and share in the potential of the project from the outset.

Auctioneers Comments - The successful buyer will be required to pay the below non-refundable fees
• Buyer's Premium: £24,000 of the purchase price plus VAT (subject to a minimum of £6,600 including VAT)
• Legal Pack Fee: £396.00 including VAT
The Buyer's Premium is payable in addition to the purchase price and may be taken into account when calculating Stamp Duty Land Tax (SDLT)

Material Information - If you intend to purchase using mortgage finance, you should satisfy yourself that the property is suitable for the purposes for which you intend to use it and that it meets your lender's requirements to secure lending before bidding.
A Legal Pack is available for this property and should be reviewed carefully before bidding. Neither GOTO Group nor the estate agent accepts any responsibility or liability for the accuracy or completeness of the Legal Pack and shall not be liable for any loss or damage arising from any inaccuracies, omissions or errors contained within it. Buyers should review the Legal Pack carefully, carry out their own due diligence and obtain independent legal advice where appropriate before proceeding.

Site Location - The land covers approximately 0.39 hectares of land to the rear of 93-113 Bellhouse Road, Sheffield.