Lot 55 - Land Lying to the East of Linskill Terrace, Tynemouth, Tyne and Wear, NE30 2DZ

  • Unconditional Online Auction Sale
  • Guide Price* : £200,000

0.383ac. Development Opportunity For Sale

Description

The subject site is situated to the rear of Linskill Terrace within North Tyneside, just one minute away from Tynemouth Golf Club, Tynemouth Cricket Club, and Percy Park Rugby Club. The popular residential area benefits from exceptional local amenities and public transport with North Shields Metro Station and multiple bus stops surrounding the site and running regular services connecting the development to Tynemouth, Newcastle upon Tyne and the wider region. Tynemouth is situated just one mile east of the site, offering further amenities and Long Sands Beach.

The proposed development comprises 9no residential dwellings arranged within an apartment block. Each apartment accommodates 3 persons across 2 bedrooms and measure a gross internal area of 61sqm (657sqft).

The site comprises lapsed outline planning permission for the development of a nine-unit apartment block with associated external landscaping and car parking. Reference: 23/00708/COND pursuant to 17/00700/OUT. The site benefits lapsed planning permission for a variety of applications including the construction of 2no. blocks of flats, each containing 12no. apartments. Reference: 09/00678/OUT and the construction of 9no. three storey terraced townhouses with associated parking. Reference: 11/02230/OUT.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Louise McMorran
0191 563 4242

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