Land & Development in BB5

Duckworth Hill Lane, Oswaldtwistle, Accrington, Lancashire, BB5 3RN

Brochure

Tenure: Unknown

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Starting bid£250,000

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Key Information

Parking: Off Street

Property features

Residential development opportunity
Full planning permission - conversion of agricultural building to four dwellings
Stunning views across open countryside
Potential resale value of £275k per unit
Excellent semi rural plot
4 x two bed & two bath town houses
Excellent commuter links

Land & Development in BB5

For Sale Via Online Auction. Fees Apply.

Description
Situated in a stunning semi-rural setting, this residential development opportunity presents an exceptional prospect for those seeking a project within picturesque surroundings. The property boasts a generous plot with captivating views of the surrounding open countryside, creating an idyllic backdrop for future residents.

Offering full planning permission for the conversion of an existing agricultural building into four distinct dwellings, this development scheme comprises four well-designed townhouses, each featuring two bedrooms and two bathrooms. The layout of the townhouses has been thoughtfully crafted to optimise space and functionality, ensuring a comfortable and contemporary living environment for future inhabitants.

One of the most appealing aspects of this property is its strategic location, which combines the tranquillity of a rural setting with excellent commuter links, providing residents with the best of both worlds. The property's proximity to major transportation routes ensures convenient access to nearby towns and cities, making it an attractive option for those who value accessibility and connectivity.

With a potential resale value estimated at £275,000 per unit, this development opportunity offers a promising return on investment for savvy developers or individuals looking to capitalise on the growing demand for high-quality residential properties in desirable locations. The combination of a sought-after location, picturesque views, and well-conceived design make this property a compelling option for those with a discerning eye for real estate opportunities.

In summary, this residential development opportunity presents a rare chance to create a collection of four thoughtfully designed townhouses in a serene semi-rural setting, with the potential for significant returns on investment. With full planning permission already in place and a favourable market outlook, this property offers a solid foundation for a successful development project that promises both financial rewards and a quality living environment for future residents.

Desciption

Situated in a stunning semi-rural setting, this residential development opportunity presents an exceptional prospect for those seeking a project within picturesque surroundings. The property boasts a generous plot with captivating views of the surrounding open countryside, creating an idyllic backdrop for future residents.

Tenure

TITLE NUMBER: LA694521 - Freehold

Location

One of the most appealing aspects of this property is its strategic location, which combines the tranquillity of a rural setting with excellent commuter links, providing residents with the best of both worlds. The property's proximity to major transportation routes ensures convenient access to nearby towns and cities, making it an attractive option for those who value accessibility and connectivity.

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

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