Land for sale
Property description & features
- Tenure: Freehold
- Freehold title
- Investment Opportunity
- Full Planning Approved
- Expansive Rear Garden
We are pleased to offer to auction this freehold investment opportunity that presents a great opportunity for the right buyer. The plot has full planning permission granted for the demolition of the existing building and replaced with a pair of semi-detached houses. Comprising an expansive rear garden with access to the side, this property features gas central heating, mains electricity and running water.
Investors can generate significant uplifts in value with this opportunity.
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Ratcliffe Road, Sileby, Leicestershire. Leicestershire is a county in the East Midlands of England. It is bordered by Derbyshire, Nottinghamshire, and Lincolnshire to the north, Rutland to the east, Northamptonshire to the south-east, Warwickshire to the south-west, and Staffordshire to the west.
Accommodation
Freehold investment opportunity. The building on the plot measures approximately 100sqm, this building requires full renovation or demolition and rebuild. Comprising an expansive rear garden with access to the side, this property features gas central heating, mains electricity and running water.
Planning Details
P/19/0842/2 Demolition of existing bungalow, erection of two semi-detached dwellings with
associated parking and outbuildings to rear.
Sileby Parish Council
Tenure
Freehold. Title number LT376655.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, 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 Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
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.
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 and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). 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 it necessary or beneficial to the customer to pass your 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.
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Property reference 463402. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson - Commercial.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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