Land For Sale £80,000
Location: Plot of land situated on the north side of Vineyards Road, opposite existing residential properties, offering a speculative opportunity in a popular and established area just north of London and the M25.
Northaw village is located northeast of Barnet and northwest of Enfield, both of which offer easy access to a range of shopping and recreational facilities. The M25 motorway lies to the south, with access available at junction 24, while the A1(M) is located to the west. Cuffley railway station, within a two-mile radius, provides direct services to Moorgate with a journey time of over 40 minutes, while Potters Bar station, within three miles, offers direct links to Kings Cross with a journey time of around 20 minutes.
Description: The plot currently consist mainly of grassland, offering immediate opportunities for various uses such as leisure, grazing, equestrian activities, and other associated uses. The properties are being sold on an unconditional basis; however, given their proximity to nearby residential dwellings, potential buyers may consider future development potential. Although no formal or informal planning approach has been made to the local authority, the seller has commissioned computer-generated images to illustrate how a residential development could be achieved on the land, subject to necessary consents. Potential buyers are advised to conduct their own research regarding development prospects and may use the provided images as a starting point for their own pre-application planning inquiries and advice.
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Click onto the property, follow the link to “Log in/register to bid” You will then be directed to create an auction passport account through our partners, the Essential Information Group.
