fbpx
My Favourites
Free sales valuation
Click here to watch today's National Property Auction from 9am

Land to rear of 43 Lutterworth Road, Aylestone, Leicester, LE2 8PH

Lot no: 18 Re-entry to a future auction
 

Guide Price £300,000+ 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 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.

Tuesday 11th February 2020

11.30am
Key Features
  • Development site with previous planning for 4 large executive houses
  • Desirable and private location
  • 1 x 5 bed detached and 3 x 4 bed detached
  • Over 9,500 sq ft of properties
  • EPC Rating: N/A
Add to favourites
Re-entry to a future auction

Land

Property Description:

Situated to the rear of 43 Lutterworth Rd in Aylestone. the land is situated in a private location off ‘The Banks’. This can be found as the first turning after Marsden Lane as you exit the city.

Aylestone has a great range of local amenities and some excellent schooling. It is well placed only a mile or two from the city centre and the same to Fosse shopping park and the motorway network.

Planning permission was granted by Leicester City Council on the 21st July 2016 (Application No. 20152016) for the demolition of the garage and the construction of four detached dwellings (1 x five bedroom and 3 x four bedroom) and a single storey detached garage for the retained property. The permission has recently expired but it is believed there would be no issues in gaining the permission again.

The site extends to approximately 0.50 acres.

The size of the properties which had planning permission were as follows:

Plot 1 – 5 Bedroom Detached House
253 Sqm / 2723 sq ft

Plot 2 – 4 Bedroom Detached House
211 sqm / 2271 sq ft

Plot 3 – 4 Bedroom Detached House
211 sqm / 2271 Sq ft

Plot 4 – 4 Bedroom Detached House
212sqm / 2281 sqft

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

Freehold.



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.