Low-price urban land with development potential for experienced bidders.
Freehold plots formerly allotments and a sloping site between residential streets
No planning permission included — buyer must obtain consents (STP)
Adjacent to railway — potential noise and access implications
Site described as in a very deprived area; consider market demand carefully
Decent plot size within major conurbation; development potential (STP)
Sold at online auction 14th–15th October 2025; immediate deposit required
Buyer’s premium £900 inc VAT and administration fee 2.5% (min £2,500)
Excellent mobile signal and fast broadband; nearby schools rated Good
Two freehold plots off Newbold Hall Drive offer a compact, urban development opportunity close to residential streets and the railway. The southern plot was formerly allotments; the northern parcel is sloping and sits between Newbold Street and Newbold Hall Gardens. Both are being sold without planning consent and are promoted for a variety of uses subject to statutory approval.
This lot will suit speculative builders, small-scale developers or investors comfortable with an auction purchase. The site benefits from excellent mobile signal and fast broadband, and is within a major conurbation with nearby schools rated Good — practical for housing or mixed-use proposals. The plot size is described as decent for its setting and could accept sensitive schemes pending local authority support.
Important constraints are clear: no planning permissions are included, the northern plot is sloping and lies adjacent to the railway, and the surrounding area is described as very deprived. Bidders must budget for auction costs (buyer’s premium and administration fee), immediate deposit requirements, and anti-money-laundering checks. Interested parties are advised to consult the local planning authority and review the legal pack before bidding.
Offered at a low guide price, this is a higher-risk, potentially high-reward land purchase for buyers who can secure necessary consents and manage site constraints. The sale is by online auction (14th–15th October 2025); successful purchasers must be prepared to exchange under the auction conditions and pay associated fees and disbursements.
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