Development Site St Andrews Road
Largoward KY9 1HZ
By auction £90,000
For sale by Modern Method of Auction; Starting Bid Price £90,000 plus Reservation Fee
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 purchaser to immediately sign the Minute of Enactment and Preference on acceptance of a bid, but instead grant 28 days to achieve conclusion of missives and a further 28 days thereafter to complete the purchase. Allowing the additional time to conclude missives 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 put down a non-refundable Reservation Fee of 4.2% to a minimum of £4,500.00 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great Scottish Property Auction powered by iam-sold Ltd.
This property is for sale by the Great Scottish Property Auction powered by iam-sold Ltd
This development site has outline planning for 3 houses and is located in the popular village of Largoward, midway between St Andrews and Leven on the A915. St Andrews is approximately 7 miles away, Glenrothes 14 miles and Dundee via the Tay Bridge is approximately 16 miles.
The site extends to approximately 0.05 hectares and is on a corner position opposite the Stags Head Public House and adjacent to playing fields.
The site is offered for sale with the existing outline planning consent in place and offers are invited on that basis.
The outline planning permission was acquired on the basis of the sketch plan which is shown on the particulars and involves 3 properties which are located adjacent to St Andrews Road A915 with access from the B941.
The property is well located for the vibrant north east Fife location and affords the opportunity to develop properties within comfortable commuting distance of the sought after St Andrews location, whilst only minutes from main arterial routes linking to major trunk road to other areas of the country.
Further details of the site may be obtained from the selling agents Thorntons Property Services or by reference to the Fife Council Planning website under reference 16/00497/PPP where planning permission in principle for the erection of 3 dwellinghouses.
Note - Plans and sketches have been taken from the drawings submitted in conjunction with the planning application and included for illustrative purposes on that basis.
Viewing of the site is from the roadside in the first instance and further details can be obtained from the selling agents.
For Sale by Auction
T & C's apply
Subject to an undisclosed Reserve Price
Reservation Fee applicable
The Modern Method of Auction
Residential Development Site
3 Detached Properties
Convenient St Andrews