Initial price	£50,000
25/10/24	£44,000
Price Change	-12.00%

A parcel of land located off Oxbridge Lane, approximately one mile from Stockton town centre, is being sold at auction with a reduced guide price of £44,000. The land has full planning permission to build two three-bedroom properties, which has already undergone a Phase 2 site investigation report, coming back clear. The planning permission is available on the Stockton on Tees planning portal under references 23/0928/FUL and 17/2089/FUL. The property is being sold with a contract documentation fee of £1500, and the seller may charge additional fees upon completion. The guide price is not a valuation or assessment of value, but rather an indication of the reserve price, which may be subject to variation. Interested buyers can register their interest and bid online, by phone, proxy, or in person at the Grand Connaught Rooms in London on October 15th, 2024.