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Upgate, Louth, LN11
- PROPERTY TYPE
Land
- SIZE
Ask agent
Key features
- Starting Bid £750,000
- Sold via ‘Secure Sale’
- Immediate ‘exchange of contracts’ available
- Freehold
- Easy Roadside Viewing
Description
Being sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £750,000 This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process that provides speed, security, and certainty for all parties.
Description:
Outline approval has been granted with reserved matters for fourteen apartments, divided among four two-storey blocks.
Additionally
Slightly to the north, full planning approval was historically granted on appeal to create three terraced houses and four apartments, this site has been started by way of foundations.
The Existing Site:
The site is currently fenced, there is bramble growth, and there are no trees.
The outline and started schemes:
There are two applications:
14 dwelling scheme with outline approval
7 dwelling scheme, historically approved but the site has been started by way of foundations.
Titles:
LL289055, LL304448 and LL326577
Location:
Nearest Station. Market Rasen, East Midlands Railway intercity route connects the cities of the East Midlands, such as Derby, Leicester and Nottingham, with London in the south and Manchester and Liverpool in the north.
Bus services are convenient in this location.
Louth is a picturesque market town providing an array of convenience stores, shopping facilities, restaurants, public houses and regular markets for local produce and crafts.
Borough: East Lindsey Borough Council
Tenure: Freehold Title numbers LL289055, LL304448 & LL326577.
Additional Information:
The sellers have a Geo-Environmental Assessment Report from November 2004. This was provided to them in hard copy by the previous owners of the land. Unfortunately, the consultancy firm was dissolved in 2018, and there seems to be no way to get an electronic copy. The report is 13mm thick.
Attached is a one-page executive summary. The full report can be obtained via the solicitor if an offer proceeds.
Documents available upon request:
Brochure
Links and references to both applications
Design & Access Statement
GDV
Local sold comparable's
Title documents
S106 contribution document
Planning Drawings
Viewings: The site can easily be viewed at the curb-side.
Auctioneers Additional Comments:
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The site is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Upgate, Louth, LN11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cleethorpes Station254.1 miles
About the agent
Our local branches pack a powerful punch when it comes to marketing your property! With highly experienced staff and a wealth of local knowledge it is clear why we have been entrusted with so many Sole Agency instructions and why we have so many properties currently under offer or let. With Sales, Letting and Mortgage Broking all under one roof it really couldn't be more simple. Your local Independently agent owned since 1998. Call your local branch today and we will get you moving.
Industry affiliations
![National Association of Estate Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/national-association-of-estate-agents_max_135x100.png)
![Ombudsman for REsale Estate Agents (no OFT logo)](https://media.rightmove.co.uk/dir/customer/industry-affiliation/ombudsman-for-resale-estate-agent_max_135x100.png)
![Association of Residential Letting Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/association-of-residential-lettings-agent_max_135x100.png)
Notes
Disclaimer - Property reference a2469579-e3f8-4d47-945b-393f36243ec7. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Allen Heritage, Shirley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Allen Heritage, Shirley on 020 3866 3803.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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