This property is no longer on the market
Land
Key information
Property description & features
- Great Investment Opportunity
- Versatile space
- With planning permission for 9 Bungalows
- Popular Location
- Land prepared
- Being sold via modern auction for a streamlined buying process
- Immediate ‘exchange of contracts’ available
Outstanding Investment Opportunity: Prime Plot of Land for Sale off Newark Road, Torksey Lock
Location: Torksey Lock, Lincolnshire, United Kingdom
Overview: Nestled in the serene and picturesque surroundings of Torksey Lock, this exceptional plot of land offers a multitude of possibilities for astute investors and developers. Situated just off Newark Road, this pristine parcel of land holds full planning consent for the construction of nine eco-friendly bungalows. While eco-bungalows are the current plan, the flexibility of this consent opens the door to exploring cost-effective alternatives, such as nine standard bungalows, making it a dream location for those who seek both sustainability and financial prudence.
Key Features:
Local Amenities:
- Convenient Transportation: Enjoy easy access to major road networks, ensuring effortless commuting to Lincoln, Gainsborough, and neighboring areas.
- Reputable Schools: The area boasts reputable schools, making it ideal for families seeking a quality education for their children.
- Shopping and Markets: Nearby retail centers provide shopping convenience, while local markets offer fresh produce and artisan goods, enhancing the appeal of the area.
- Recreation: Torksey Lock offers abundant opportunities for leisurely walks, boating, and enjoying the scenic outdoors along the picturesque River Trent.
Don't Miss Out: This is a rare opportunity to acquire a fully prepared and adaptable development project in a highly sought-after location. With full planning consent already in place, you have the freedom to explore various development options, including the potential for nine standard bungalows, which could translate into significant cost savings.
Rooms
Agent Notes Not provided
These particulars are for guidance only. Lovelle Estate Agency, their
clients and any joint agents give notice that:-
They have no authority to give or make representation/warranties
regarding the property, or comment on the SERVICES, TENURE and
RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be
relied upon as statements or representation of fact.
All measurements/areas are approximate. The particulars including
photographs and plans are for guidance only and are not necessarily
comprehensive.
Auction Notes Not provided
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.
Auction Notes Not provided
The property 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.
Auction Notes Not provided
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.
Auction Notes Not provided
These particulars are for guidance only. Lovelle Estate Agency, their
clients and any joint agents give notice that:-
They have no authority to give or make representation/warranties
regarding the property, or comment on the SERVICES, TENURE and
RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be
relied upon as statements or representation of fact.
All measurements/areas are approximate. The particulars including
photographs and plans are for guidance only and are not necessarily
comprehensive.
Property information from this agent
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*DISCLAIMER
Property reference P749. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Lovelle Estate Agency - Lincoln.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on October 24, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on October 24, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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