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Land at 3 Melton Road, Waltham on the Wolds, Melton Mowbray, LE14 4AJ

Lot no: 24 Sold at Auction for £85,000
 

Guide Price £80,000+ 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
  • Building plot situated in a highly regarded location
  • Planning permission for a three bedroomed detached house
  • Superb investment opportunity
  • EPC Rating:
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Sold at Auction for £85,000

Land

Property Description:

A superb opportunity to purchase a development site in the highly sought after village of Waltham on the Wolds.

The village dates back to 1086 when it was first mentioned in the Doomsday Book, and overlooks the beautiful Vale of Belvoir. Within the village is a church, village hall, primary school, public house, shop/post office, first class delicatessen, medical practice, all of which are integral to this thriving community with various local groups such as Scout Club and Pre-School Club.

The site currently comprises of a large barn which has full planning permission in place to demolish and to build a 3 bedroom detached house. Planning- Melton Borough Council. Ref 15/00347/FUL.

The planning permission is due to expire on 23th July. Planning Ref 15/00347/FUL. Please make all enquiries to Melton Borough Council.

Once constructed to property will comprise-

Ground Floor
Reception Hallway
Cloakroom / W.C.
Lounge
Dining Room
Kitchen
Utility Room
First Floor
Bedroom 1
Ensuite
Bedroom 2
Bedroom 3
Family Bathroom
Outside

Driveway & Parking
Double Open Fronted Car Port
Gardens the Rear

Tenure:

Freehold. Vacant possession upon completion.


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.