Newark Road, Torksey, LN1

Outstanding Investment Opportunity: Prime Plot of Land for Sale off Newark Road, Torksey Lock

Location: Torksey Lock, Lincolnshire, United Kingdom

Overview: Nestled in the serene and picturesque surroundings of Torksey Lock, this exceptional plot of land offers a multitude of possibilities for astute investors and developers. Situated just off Newark Road, this pristine parcel of land holds full planning consent for the construction of nine eco-friendly bungalows. While eco-bungalows are the current plan, the flexibility of this consent opens the door to exploring cost-effective alternatives, such as nine standard bungalows, making it a dream location for those who seek both sustainability and financial prudence.

Key Features:

1. Full Planning Consent: This plot of land boasts the invaluable advantage of full planning consent, providing you with a solid foundation for your development venture. While plans for eco-friendly bungalows are in place, the land's potential extends far beyond this concept, offering adaptability and potential cost savings for alternative designs.
2. Versatile Possibilities: While the current plans emphasize eco-friendly living, you have the option to explore a more cost-effective route with the construction of standard bungalows. This flexibility allows you to align your vision with budget considerations without compromising the quality of your investment.
3. Land Preparation: The land has been meticulously cleared and prepared, ensuring a hassle-free starting point for your chosen development. With fencing in place, security and privacy are guaranteed throughout the construction process, regardless of your selected project type.
4. Scenic Location: Torksey Lock is renowned for its natural beauty, and this plot is no exception. Surrounded by lush greenery and tranquility, it provides the perfect backdrop for a serene and nature-inspired lifestyle, regardless of the type of property you decide to build.

Local Amenities:

• Convenient Transportation: Enjoy easy access to major road networks, ensuring effortless commuting to Lincoln, Gainsborough, and neighboring areas.
• Reputable Schools: The area boasts reputable schools, making it ideal for families seeking a quality education for their children.
• Shopping and Markets: Nearby retail centers provide shopping convenience, while local markets offer fresh produce and artisan goods, enhancing the appeal of the area.
• Recreation: Torksey Lock offers abundant opportunities for leisurely walks, boating, and enjoying the scenic outdoors along the picturesque River Trent.

Don't Miss Out: This is a rare opportunity to acquire a fully prepared and adaptable development project in a highly sought-after location. With full planning consent already in place, you have the freedom to explore various development options, including the potential for nine standard bungalows, which could translate into significant cost savings.

Council tax band: X, Rooms Agent Notes - These particulars are for guidance only. Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property. These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate. The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. Auction Notes - Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. Auction Notes - The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auction Notes - In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services. Auction Notes - These particulars are for guidance only. Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property. These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate. The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.