Keller Williams UK
1 bed Land For Sale

Cross Street, Hampton Hill

£595,000 Offers In Excess Of

Property Description

  • Land with development potential, subject to gaining any necessary planning consents.

Currently, the Seller has an office on the land and in the past they have obtained planning consent for the erection of a three storey building (ground, first and second floor).
Should you wish to look at the historical application details directly it is Planning Application number: 09/0494/FUL, London Borough Richmond-Upon-Thames.
Whilst this consent has now lapsed the land may be suitable for redevelopment, in a great location, subject to gaining any necessary consents.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Auction Method:
The auction for this property will be conducted online through our online-bidding platform. This is
a "Timed Auction", so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Property Auctions' website. To view this, search
for the property on their website. Then click onto the property to view the property details. The
time remaining to bid and end date of the auction is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also
provide your payment details. If you do not provide this information, your registration will not be
When you place your bid, you are deemed to have agreed to SDL Property Auctions' Buyers
Terms (England & Wales) which are available on SDL Property Auctions website.
Auction type - Unconditional with Variable Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the
auction for the property comes to an end. You must then pay the applicable fees and deposit.
You must complete the sale within 15 business days unless the Special Conditions of Sale
contained within the Legal Pack state otherwise.
Auction Fees
The following non-refundable fees apply:
Buyer's Fee - payable on exchange of contracts. This is calculated as a percentage of the actual
purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer's Fee is subject always to a minimum of £6,000 (including VAT). The Buyer's Fee
does not contribute to the purchase price.
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual
purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards
the purchase price.
Payment Method:
When you register to bid, you will be prompted to provide your payment details to SDL Property
Auctions. In the event that you are the winning bidder, your card will automatically be charged a
proportion of the Buyer's Fee & Deposit. The payment will be calculated based on the guide price
of the property, in line with the fee scale described above. Where the actual purchase price is
higher than the guide price, you will be required to pay the difference immediately after the end of
the auction, which can be paid by debit card or bank transfer.  Payment by cash or cheque will
not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase
price is £170,000. At this point your bid is successful you will be charged as follows:
Buyers Fee of £7,200 - 4.8% of guide price
Deposit of £7,500 - 5% of the guide price
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay
the following additional amounts on top of the initial payment:
£960 for Buyers Fee shortfall (£8160 due as 4.8% of actual purchase price)
£1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal
documents that apply to the sale. The documents will include but are not limited to: Special
Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Property Auctions website and click
onto the property to view the property details. There will be a sub-heading "Legal Documents".
Underneath this, you will be prompted to "Log in to view the legal documents". Follow this link,
you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most
recent version of the legal pack. At the point of placing your bid, you are deemed to have read
the legal pack in its entirety, including any changes. Failure to check for changes to the legal
pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and
raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions
that are included by the seller of the property - they are not part of SDL Property Auctions terms
and conditions. The Special Conditions of Sale are legally binding. You are taken to have read
and accepted these at the point of bidding, even if you have not done so. The Special Conditions
of Sale are available to read in the legal pack.
Registration Process:
To register to bid on the property, search for the lot on SDL Property Auctions website. Click onto
the property, follow the link to & "Log in/register to bid", and you will then be directed to create an
account with the online-bidding platform provider, EIG.
Council tax band: Not Required

To discuss this property please contact Gary Emanuel on: