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7 King Street, Sileby, Loughborough, Leicestershire LE12 7LZ

Lot no: 40 Re-entry to a future auction for £210,000
 

Guide Price £200,000+ 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.

Thursday 25th May 2023

10.00am
Key Features
  • Development Opportunity
  • Former Farm House
  • Planning granted to convert to two houses
  • Close proximity to Train Station
  • EPC Rating: Exempt
  • Council Tax Band: E
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Re-entry to a future auction for £210,000

Detached house

Property Description:


A handsome, double fronted, Grade II listed farm house which has planning permission and listed building consent to convert and split into two dwellings. The property currently comprises of a three bedroom detached farm house in need of upgrading with three loft rooms and two reception rooms.

Planning granted to split the property into two dwellings. Full information can be found on Charnwood Borough Council website. Ref P/19/0218/2.

1x three bedroom house and 1x two bedroom house. Each house will have garden, parking and bike store to rear. They will have a shared driveway access with the adjacent new development.

Sileby is a well serviced village with excellent links to Loughborough, Leicester, Nottingham and East Midlands Airport. Sileby train station is also very close by.

Once converted the properties will comprise:

Unit One:

Hall, Lounge, dining Kitchen, utility room, three bedrooms and bathroom.

Unit Two:

Open plan living room/kitchen/diner, two bedrooms and bathroom.

Potential

May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this 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 as Unconditional with Fixed 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 fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

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.