Interested parties should contact Knight Frank Auctions for further information.

Description
Development Site - Permission to develop a portfolio of 7 Residential Dwellings. Planning implemented.

The site comprises of a part built development of three x 3 bed terraced dwellings and four x 4 bed semi-detached dwellings. At present the units are partially constructed, with foundations laid and steel super-structure partially erected. Some of the units had also been externally boarded.

The proposed development will extend to c.869 sqm (c.9,356 sq ft) of residential accommodation.

Externally, the development will provide cycle and bin stores in the northwest corner.

Once complete, the terraced dwellings will comprise:

Ground Floor- Hallway, Kitchen/Living Space, WC
First Floor- Landing, two Bedrooms and Bathroom
Second Floor- Master Bedroom with En Suite

The semi-detached dwellings will comprise:

Ground Floor- Hallway, Kitchen/Dining Space, Family Room, WC
First Floor- Landing, Bedroom with En Suite, Living Room
Second Floor- Store, three Bedrooms and Bathroom

Planning
The following planning permission was granted by West Berkshire Council: Erection of 7 dwellings with associated new bin/cycle store, access road, landscaping and parking. Reference:
17/03506/FULD
Decision Notice Attached.
For further information please visit
Tenure: Freehold

Location
The site is located the town of Hungerford in West Berkshire amongst a mix of commercial and residential properties and adjacent to Hungerford Station which offers links to Reading (25 minutes) and London Paddington (1 hour).

The High St is conveniently located within 10 minutes, providing a range of local amenities including a Tesco, butchers, hair dressers, boutique shops, caf's and pubs.

The area also benefits from schools nearby including the following:

0.2 miles Hungerford Primary School
0.6 miles John O'Gaunt School
1.9 miles Chilton Foliat Church of England Primary School
3.0 miles Inkpen Primary School

Occupancy
Vacant

Tenure
Freehold

Buyers Fee
The buyers fee is £1500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
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, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

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 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 SDL Property Auctions’ home page.
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 Buyers Terms.