House For Sale Station Road, Burton-on-Trent, DE13

£5,000

Auction Property

1 of 3

Description
Street View
Maps

We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.

Key Features

Two Parcels Of Land Located In Rolleston On Dove Extending To Approximately 2.96 Hectares (7.32 Acres) Or Thereabouts
Suitable For Development Subject To Obtaining Appropriate Planning Consent
Prestigious Location Of Rolleston On Dove
Convenient For Access To Burton-on-trent
Epc Rating: N/a

Last Updated: 15^th January 2021

Description

For sale in our National Property Auction on Friday 18th December 2020
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
The auction will commence at 10:30 am

Two parcels of land located in Rolleston on Dove extending to approximately 2.96 hectares (7.32 acres) or thereabouts; thought suitable for a variety of uses, subject to obtaining appropriate planning consent

DRAFT DETAILS
** SIX WEEK COMPLETION ** The land comprises two rectangular strips both approximately 25 metres in width and extending approximately 1km and 500m in length with a total area of approximately 2.96 hectares (7.32 acres). The River Dove forms a Natural South boundary and Railway line forms the North boundary. The land contains a World War II concrete ‘pillbox’ structure within the embankment area.

The track leading from opposite number 112 Station Road forms the access point onto the land.

We feel the land could provide development opportunity for a variety of uses, subject to obtaining appropriate planning consent. Interested parties are also advised to look at the previous lot which features land to South of this site.

Rolleston On Dove is located approximately a mile North of Burton on Trent and comprises mainly upmarket housing stock.

Agent Details

SDL AUCTIONS LIMITED

17 Regan Way, Toton, Nottingham, NG9 6RZ

**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:

This property has been partially classified.

0.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:

Historical Data
Interest Rates
Mortgage Availability
Fiscal Policy
Recent Sold Prices
Housing Demand
Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available

Profitability

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

Interest Rates

Bank of England Base Rate:

0.1%

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.

Mortgage Availability

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

Fiscal Policy

First Home Stamp Duty:

£0

Buy To Let or Second Home:

£150

The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.

Comparison with other investment alternatives

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

Investment Analysis

Annual Rent:

£0

Annual Mortgage Interest:

£75

Annual Costs:

£200

Net Profit:

£-275

Calculators

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Nearby Locations

Burton Upon Trent Rolleston On Dove Stretton Alder Moor Egginton Hilton Tutbury Anslow Newton Solney Etwall Willington Fauld Scropton Sutton On The Hill Repton Burnaston Foston Findern Tatenhill Hanbury

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.