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Church Lane House, Church Lane, Ravenstone, Coalville LE67 2AE

Lot no: 124 Sold Prior to Auction
 

Guide Price £300,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Tuesday 20th December 2022

10.00am
Key Features
  • Three-storey detached farmhouse
  • Generous plot
  • Requires full renovation
  • Approx. 2,000 sq. ft. accommodation
  • EPC Rating: G
  • Council Tax Band: E
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Sold Prior to Auction

Farm House

Property Description:

Three-storey detached farmhouse, backing onto fields. This generous plot with outbuilding requires full renovation.

This property has not been on the market for over 60 years and enjoys an excellent village setting backing onto fields with country footpaths almost on your very doorstep. The property is sizeable as can be seen by the floorplan in total extends to approximately over 2,000 sqft(gross internal floor area).

Ravenstone is a small, rural and popular village lying approximately 4 miles away from the market town of Ashbyde-la-Zouch. The village has an old 13th Century Church, good local pub, village school, busy shop and for commuters the M42 provides access to many east and west Midlands towns and cities.

Mains water, drainage and electricity are believed to be connected to the property. Please note that gas is installed at the property but is not currently connected. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Ground Floor:
Feature panelled door leads to wide reception hallway
Living Room
Snug with inglenook
Large breakfast kitchen with pantry off
Wet Room
Storage Room
First Floor:
Three Bedrooms
Bathroom
Second Floor:
Three Large Attic Rooms
Outside:
Off road parking, mature gardens and small outbuilding
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 Variable Fee (England and Wales).

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

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

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

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


Guide Price & Reserve Price

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.