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Land adj. The Woodlands, Gaulby Lane, Stoughton, Leicester, Leicestershire LE2 2FL

Lot no: 2 Sold at Auction for £75,000
 

Guide Price £75,000+ 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.

Tuesday 21st May 2019

11.30am
Key Features
  • A small parcel of land set within the heart of the desirable village of Stoughton.
  • Approximately 0.5 acres, the site offers use for grazing or amenity space.
  • Alternatively, excellent scope for development subject to any required planning permissions.
  • Excellent investment opportunity.
  • EPC Rating: N/A
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Sold at Auction for £75,000

Land

Property Description:

Stoughton is a highly sought after village on the South side of Leicester, situated close to Oadby and Evington. The village has a rural feel but has plenty of amenities, schools and transport links close by.

Benefiting from main road frontage and has residential properties to both sides and the rear.

Approximately 0.5 acres, the site offers use for grazing or amenity space.

There is also excellent scope for development subject to any required planning permissions making it a superb investment opportunity. All planning enquiries should be made to Harborough District Council.

The sale of the land will include an uplift clause believed to be 50% of any increase in value due to the grant of planning permission. More information will be contained within the legal pack.

We have been informed that VAT is chargeable on the lot.

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.