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FOR SALE BY AUCTION!
THURSDAY 26TH FEB 2026.
A rare and interesting opportunity has arisen to purchase a parcel of land with full planning permission passed for a three storey development of five apartments.
Situated close to the vibrant town centre of Kimberley, the current planning permission passed provides for five apartments over three floors and a penthouse style apartment to the second floor.
Once built, these apartments will be ideal for long term rental or to be offered to the open market for first time buyers, professionals and those looking to downsize.
Kimberley is a vibrant market town in the Borough of Broxtowe, lying approximately six miles north-west of Nottingham along the A610. Kimberley has undergone a positive transformation following recent residential redevelopment schemes and has been recently awarded levelling up funds from the Government, boosting the town even further.
The building plot fronts Main Street and is approximately 230sqm in size. Permission was granted on 31st July 2023 by Broxtowe Borough Council, File Ref. 22/00871/FUL.
Further information can be provided on request.
AUCTION DETAILS
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
PLOT OF LAND WITH PLANNING PERMISSION. FOR SALE BY AUCTION.