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Key Features

  • Reference: 368314
  • For Sale Via Auction
  • Excellent Development Opportunity
  • Planning Permission for Change of Use
  • Construction of Two, Two Bedroom Properties

Property Description

FOR SALE BY WAY OF ONLINE AUCTION- OPTION 1 - Terms and Conditions apply. Please see the Agents Property Auction website for details

Excellent Development Opportunity - not to be missed!!!!

Site of Silvertop Garage, Silvertop Terrace in Greenside extending to approximately 214 sq metres. The site has planning permission for a change of use and demolition of the garage and construction of two, two bedroom properties. Full details can be found on Gateshead Council Planning Portal ref:DC/21/01454/FUL

Surrounding properties are a mixture of modern and older housing.

PlanningThe site benefits from planning permission ref DC/21/01454/FUL for the demolition of Silvertop Garage and the erection of two, two bedroom properties. One of the usual conditions is that development must be commenced not later than 3 years from the date of the permission. Full details are available online via the council planning portal.

LocationGreenside is situated to the west of Gateshead, located between the villages of Crawcrook and High Spen and not far from the small town of Ryton. There are good local facilities together with excellent transport routes to Gateshead, Newcastle, the Metro Centre and beyond. Nearby is an abundance of countryside walks and leisure opportunities.

NoteAny drawings are taken from the planning portal and prospective buyers must make their own enquiries regarding all such documents and consents referred to herein.

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel: 01661 831 360

DisclaimerThe information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

TenureWe will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.

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What this property offers

  • Development Opportunity
  • Garage

Location

Further Details

  • Status: Available
  • Tags: Development Opportunity, Garage
  • Reference: 368314

Stamp duty due

Based on a sale price of £90,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.