About the property

For sale by Modern Method of Auction; Starting Bid Price £80,000 plus Reservation Fee A RARE SELF-BUILD PLOT WITH PLANNING PERMISSION FOR A 3 BED PROPERTY IN A STUNNING LOCATION. This is a unique opportunity for the discerning buyer to purchase an impressive self-build plot with detailed planning permission to construct a two storey, three bedroom property situated within the grounds of the former Ravensmount Care Home, a beautiful picturesque location off Alnmouth Road, arguably the most desirable road in the historic market town of Alnwick. Ideally placed for commuting both North and South via the A1 and within close proximity to the stunning Northumberland coast and countryside. This land is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyers solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the land off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the

Property at a glance

  • Unique Self-Build Plot
  • Picturesque Location
  • Planning Permission
  • For 2 Storey / 3 Bed Property
  • Close to Amenities
  • Easy Access to A1

Contact agent

Jan Forster Estates

201 High Street

Gosforth

Newcastle

Tyne and Wear

NE3 1HE

United Kingdom

Tel: 0191 284 4050

sales.newcastle@janforsterestates.com

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