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Land lying to the East of Main Street, (Off Chapel Lane), Lyddington, Oakham, Rutland LE15 9LQ

Auction Event
 

Guide Price £20,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 26th June 2025

9.00am
Key Features
  • 0.69 Acre Paddock
  • Beautiful Village Location
  • Located Behind Village Playing Fields
  • Freehold
  • Rare Opportunity
  • EPC Rating: Exempt
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Land

Property Description:

An attractive paddock of permanent pasture. The site extends to approximately 0.69 acres (0.28 hectares).

Situated in the desirable village of Lyddington within the County of Rutland. Local amenities are close by and Uppingham is approximately 2 miles away.

The land is situated at the end of Chapel Lane and is located directly after the playing fields.

Gated access and boundaries made up of hedging and fencing.

WAYLEAVES, EASEMENTS and RIGHTS OF WAY
The land is sold subject to and with the benefit of all existing wayleaves, easements and rights of way, whether public or private, and any other rights, obligations, easements and quasi easements, whether specifically mentioned or not. The land is crossed by a footpath.

SPORTING, MINERAL and TIMBER
The sporting, mineral and timber rights are included in the freehold sale, to the extent as they are owned.

Conservation Area

We believe the lot is in a conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

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 under an Unconditional sale type.

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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers 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 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.