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Ranksborough Hall, Langham, Oakham, Leicestershire LE15 7JR

Lot no: 10 Withdrawn
 

Guide Price £1.8 Million+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 14th June 2018

11.30am
Key Features
  • A substantial grand country house close to Rutland Water
  • Situated within a private estate of approximately 50 acres of parkland
  • 22 part developed luxury apartments
  • Excellent investment/development opportunity
  • EPC Rating: TBC
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Withdrawn

Block of Apartments

Property Description:

A substantial, grand country home situated at the end of a long private drive in the unspoilt village of Langham. Built in 1839 for Lord Ranksborough who at the time was equerry to Queen Victoria.

Planning permission has been granted to convert the main house and further courtyard building into 24 luxury one, two and three bedroom apartments (22 being offered for sale).

The site is being sold on a long leasehold. The Hall is to comprise 14 x one and two bedroom luxury apartments and The Courtyard is to comprise 10 x two and three bedroom luxury apartments.

Eight of the apartments have already been converted fourteen require conversion and finishing works and two have been sold on long leaseholds therefore 22 are being offered. Each apartment will retain original features, high ceilings and be in keeping with the grandeur of the building.

The development sits in a private estate of around 50 acres of parkland with some stunning views over the surrounding countryside. The estate offers semi-retired living and holiday homes.

The village itself offers two historic pubs and the Market town of Oakham is only a couple of miles away with its medieval castle, country museum, galleries, shops and abundance of restaurants.

Accommodation will comprise-

THE HALL
Apartment 1

Lounge/Diner, Kitchen, Bedroom, Bathroom.

Apartment 2

Kitchen/Diner, Lounge/Bedroom two, Bedroom one, Bathroom.

Apartment 3

Kitchen, Lounge/Diner, Bedroom, Bathroom.

Apartment 4

Kitchen, Lounge, Bedroom, Bathroom

Apartment 5

Kitchen, Lounge, Bedroom, Bathroom

Apartment 6

Lounge/Kitchen, Bedroom, Bathroom.

Apartment 7

Lounge/Kitchen, Bedroom, Bathroom

Apartment 8

Kitchen, Lounge, Bedroom, Bathroom

Apartment 9

Lounge/Kitchen, Bedroom, Bathroom.

Apartment 10

Lounge/Kitchen, Bedroom, Bathroom.

Apartment 11

Lounge/Kitchen, Bedroom one,
Bedroom two, Box Room, Bathroom.

Apartment 12

Lounge/Kitchen, Bedroom, Bathroom.

Apartment 13

Lounge/Kitchen, Bedroom, Bathroom.

Apartment 14

Lounge/Kitchen, Bedroom, Bathroom.

THE COURTYARD
Apartment 1

Duplex Living- Dining Kitchen, Lounge, Bedroom one, Bedroom two, Bathroom.

Apartment 2

Duplex Living- Dining Kitchen, Lounge, Bedroom one, Bedroom two, Bathroom.

Apartment 3

Lounge/Diner/Kitchen, Bedroom one, Bedroom two, Bathroom.

Apartment 4

Lounge/Diner, Kitchen, three Bedrooms, Bathroom & Ensuite.

Apartment 5

Lounge/Diner/Kitchen, Bedroom one, Bedroom two, Bathroom.

Apartment 6

Lounge/Diner/Kitchen, Bedroom one, Bedroom two, Bathroom.

Apartment 7

Lounge/Diner/Kitchen, Bedroom one, Bedroom two, Bathroom.

Apartment 8

Lounge/Diner, Kitchen, three Bedrooms, Bathroom.

Apartment 9

Lounge/Diner/Kitchen, Bedroom one, Bedroom two, Bathroom.

Apartment 10

Lounge/Diner/Kitchen, Bedroom one, Bedroom two, Bathroom.

Tenure:

Leasehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.