LOT 6 · LAND PROPERTY
Land Adjacent To, 115 School Road
Dagenham, RM10 9QD
ON BEHALF OF A CHARITY
A Prominent Vacant Freehold Corner Site Measuring Approximately 1,140 sq ft (105.9 sq m), Offering Development Potential (Subject to Obtaining All Relevant Consents)
Property description
The property comprises a freehold vacant corner plot extending to approximately 1,140 sq ft (105.9 sq m), occupying a prominent position with frontage to two roads. The site is broadly level and may offer potential for the construction of a residential dwelling, subject to the final design, access arrangements and all necessary planning permissions and consents.
The plot may also be suitable for a variety of alternative uses or development schemes, subject to obtaining all relevant consents. Interested parties are advised to make their own enquiries with the local planning authority and satisfy themselves as to the development potential of the site prior to bidding. CGI images are for illustrative purposes only and do not represent an approved development. Any development is subject to obtaining all necessary planning permission.
Accommodation
Site
Location
The land adjacent to 115 School Road, Dagenham, RM10 9QD is positioned in a suburban residential area within the London Borough of Barking and Dagenham, surrounded mainly by traditional terraced housing. The site benefits from local amenities and is within easy reach of Old Dagenham Park, offering nearby green space. Transport links are strong, with Dagenham Heathway Underground Station (District Line) providing direct access into central London.
Addendum
There is an additional buyers premium of £3,800 Plus VAT applicable on this lot. This is in addition to the buyers admin fee of £1,500 Plus VAT. Both fees are payable to the auctioneers.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 0.0%
- Net yield
- 0.0%
- Annual income
- £0
Enter a monthly rent to explore the potential return.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
Additional Fees & Important Information — Swift Property Auctions
Buyer's Premium & Disbursements
Some lots may include additional charges on completion. Full details are contained within the legal pack and addendum and should be reviewed before bidding.
Guide & Reserve Prices
Guide prices reflect the seller's minimum expectation at the time of listing. They are not valuations and may change prior to auction. All lots are offered subject to a Reserve Price, being the minimum the seller has authorised a sale at.
Administration Fee
A fee of £1,800 (including VAT) is payable on exchange, unless stated otherwise in the addendum.
Available Prices (Post-Auction)
Where a property remains unsold, an Available Price may be advertised. This reflects the seller's expectations post-auction and is subject to contract.
Reliance on Guide Prices
Swift Property Auctions and the seller accept no responsibility for any loss arising from reliance on Guide Prices. It is the bidder's responsibility to determine the level at which they wish to bid.
Fees, VAT & Additional Charges
Guide Prices exclude the buyer's fee, VAT (if applicable), and any seller's costs. These are detailed within the Special Conditions of Sale.
Accuracy & Property Condition
Particulars, images and measurements are for guidance only and may change. No warranty is given as to condition or structure. Buyers should make their own enquiries and obtain professional advice before bidding.
Withdrawn or Pre-Sold Lots
Neither Swift Property Auctions nor the seller will be liable for costs or losses relating to lots withdrawn or sold prior to auction.
PROPERTY ENQUIRY
Speak with our auction team.
Ask about Land Adjacent To, 115 School Road, arrange a viewing or discuss your next steps.