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Land For Sale £275,000
Land to the rear, 58 Penywern Road, London, SW5 9SX


Description
Interested parties should contact Knight Frank Auctions for further information.

Description
The subject comprises an end of terrace development site, extending to approximately 56 sq. m. (603 sq. ft), set within the Earls Court Square Conservation area.

PP/23/01488 was granted on 25 July 2023. Full information can be found in the legal pack or on Kensington & Chelsea's planning portal ()

In summary, the site benefits from planning permission for a single-storey 1 bedroom dwelling with sky lights, private access and a courtyard style garden. The project was designed by renowned, multi-award winning architecture firm Hayhurst and Co and their illustrations have been provided by the vendor and used for marketing

Location
The property is located on the north side of Penywern Road, close to its junction with Warwick Road. It is a short walk from Earls Court tube station and ample amenities, together with many recreational facilities can be found locally.

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.

Follow the link for more information:
        
onthemarket.com

  
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