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House For Sale Orchard Way, Middlesbrough, TS7


Modern Auction
1 of 3
  • Description
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Key Features

  • Outline Planning
  • 6 Bungalows
  • Land
  • Development Site
  • Investors
Last Updated: 6th January 2021


Auction - Land to the rear of 50, 52, 54 Orchard Way, Ormesby.

Unique chance to purchase a development opportunity in Ormesby, which situated behind the properties lying north of The Pied Piper pub, shown in the location plan. The site will be accessed by the driveway of number 54 Orchard Way, this will lead down to the proposed development. The size of the site is approximately 0.5acres (2000 square meters). Current owner recently sought advice about taking ownership of an additional piece of land adjacent to the plot, currently unregistered which would extend plot approximately an extra 400sqm, backing onto the pub car park shown in the location plan in green. The Land can be accessed via two entrances to create a one-way style if this suits the developers proposed development over the single entrance. The site has the benefit of planning permission for six residential bungalows, a copy of the land pack can be provided by contacting the Land Team.
Town planning
The site currently benefits from outline planning permission (Planning Ref: R/2016/0286/OO) for Six Semi-detached Bungalows all with individual allocated parking.
Interested parties must satisfy themselves that their intended scheme is acceptable, by speaking with Redcar and Cleveland Borough Council planning department (Tel ).
The Land is available on a freehold basis.
We understand the mains services are located within close proximity to the site, but urge interested parties to make their own enquiries with the various utility companies.
The plot is offered for sale via the sole selling agent LSL Land & New Homes.
The vendor is seeking to dispose of the site on an unconditional basis.

The site can only be viewed by appointment only; interested parties wishing to inspect the site can do so by contacting the agent Matthew on .

Auctioneers Comments:

This property 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 buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 DAYS in which to complete the transaction, whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts 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 make payment of 4.2% Reservation fee, subject to a minimum 6,000 Inc VAT. Fees payable in addition to the purchase price.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Agent Details
Your Move Sales
56, The Estate House, Hall Gate, Doncaster, DN1 3NE
Show Contact Number
01302 340 444
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Forecast Score

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Comparison with local sold prices

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Good rental demand in this area.
Compared to other property investments this gives a very poor return.

Interest Rates

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Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.

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Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.

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Buy To Let or Second Home:
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.

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Investing in this property will give you a lower return, when compared to other conservative investments.

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Purchase Price
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