Prime Freehold Investment Land Plot Feltham Near London Heathrow
Plot 138 Snakey Lane, London, TW13 7NB
- 12
Guide Price: *
£27,500
Fees apply
Buyer's fee:£1,200
Admin fee:£1,500
Legal fee:£600
All fees include VAT at 20%
Holding Deposit: *£3,800
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£29,000Bid history
15 bidsW
28/07/2021 16:33:20 - £29,000
W
28/07/2021 16:01:44 - £28,500
W
28/07/2021 15:50:28 - £28,000
See all 15 bids ▾
Prime Freehold Investment Land Plot Feltham Near London Heathrow
Land for Sale within London M25, Plot 138, Snakey Lane, Feltham, TW13 7NB
- Planning gain opportunity
- Ideal self-build potential (STPP)
- Hands free investment prospect
- Great location
- Just 10 minutes from London Heathrow Airport
SPECIFIC PLOT DETAILS:
You are buying the FREEHOLD with:
ABSOLUTE TITLE for PLOT NO: 138
APPROXIMATE SIZE 0.03 Acres - 122sqm (1307sqft)
MORE DETAILS:
- Individual plots of land for investment, currently without planning. - An opportunity to get a building plot + potentially benefit from the planning uplift.
- Secure Gated Access and Suitable Planned Roadways.
- Ideal opportunity for those looking to build their own home or a great investment prospect. - The plot could be used for a variety of uses, subject to obtaining all necessary consents. - Please make your own enquiries with Land Registry, Hounslow Borough Council and Solicitors.
- This PLOT is part of a larger estate made up of a site totalling approx. 12 acres (4.85 hectares). - The site has been professionally divided into its numbered plots and registered with the Land Registry UK. - Over 200+ plots have already been sold, registered, and mapped in the Land Registry documentation.
LOCATION:
Situated a short drive from the UK's Largest Airport (LHR). Even better yet, it's not in the Heathrow flight path. Please see map images for location details.
- Adjacent to Staines Rugby Football Club and opposite Adrian Hall Garden Centres - Feltham
- Minutes away from the A316 Transport links
Due to the Government's lifting of planning restrictions, land is ripe for development.
NOTE:
- Please check the corresponding map in the pictures attached to identify this particular plot.
- The Land Registry Title Number in the pictures might not be the title number for this particular plot. The pictures are used for illustration and identification purposes.
- Upon sale, your plot will have a unique title number issued by the Land Registry. Transaction will be done either at Land Registry via Solicitors.
- The purchaser will pay seller's Solicitor fees.
PLANNING DETAILS:
This PLOT is being sold as an investment, and to date (at least to our knowledge), none of the 200+ owners of plots have applied for planning permission to build. Once all remaining plots have been sold, owners may willingly and collectively apply for planning permission. No owner is compelled to wait for the others, in order to decide what to do with their respective plot, including applying for planning permission. This is not a joint sale, and each plot sale is separate from the others, however we suggest that 200+ applications may have a different impact with the Council. There are overage covenants in place and restrictions with regards to materials used for construction (i.e. can only be built of brick, stone, cement or similar). Although no one can guarantee the outcome of any planning permission application, we hope this site would take precedent in the local area due to the major lack of affordable housing.
FACTS:
The land is currently recognised as greenbelt land which allows development of certain projects (STPP - Subject to Planning Permission). This is something you would need to check online or with the local council.
There are already a couple of different things going on at the land. There are some stables etc. Electric and Water is also present at the location. It is the buyer’s responsibility to integrate to the relevant plot number bought.
Worst Case Scenario Planning Permission is NOT granted… but you may still benefit from Capital Growth.
Land is a finite resource, (no more is being made) and as such can only increase in value to accommodate the demand.
Land does not shrink, does not deteriorate (even if not used), no one can steal it and cannot be destroyed by fire.
Best Case Scenario Planning Permission IS granted… and your property has the potential of increasing in price UP TO 10 TIMES!
FACT: The value of residential land has increased on average, across the UK, by 926% over the past 20 years (source BBC).
FACT: The value of land has increased more than fivefold since 2008, outstripping the increase in the worth of the properties overlying it (source The Guardian).
FACT: The number of new homes being approved on greenbelt land in England has increased five-fold in the last five years, according to figures obtained by the BBC.
Prospective buyers are to view the property in their own time during daylight hours only.
Summary
- Auction end
- 28th Jul at 17:00
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
Summary
- Auction end
- 28th Jul at 17:00
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
This property is being sold by:
321 Estates
07597 296958
Debdale Lane, Mansfield Woodhouse Nottinghamshire, NG19 9NR
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and 321 Estates Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 321 Estates Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
