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Edmonton, Lower Moor Road, Coleorton, Leicestershire LE67 8FN

Lot no: 138 Re-entry to a future auction
 

Guide Price £190,000+ 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 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 29th February 2024

10.00am
Key Features
  • Detached Bungalow
  • Planning for two Storey Extension
  • Highly Sought After Location
  • Development opportunity
  • Semi Rural Location
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Re-entry to a future auction

Detached bungalow

Property Description:

A detached bungalow on good size plot with full planning permission for a two storey extension to side and rear to form a large 3/4 bedroom dormer bungalow.

Planning was recently granted for the re-development of the property by North West Leicestershire Council - Ref 24/00215/Ful.

Once extended the property wil comprise-

Ground Floor
Lobby, Reception Hall, Cloaks/ w.c.
Lounge
Large Living Kitchen with Bi-fold doors
Utility Room
Bedroom 1 and EnSuite

First Floor
Landing
Bedroom 2 with EnSuite
Bedroom 3 with EnSuite

Outside
Driveway to front for numerous vehicles and landscaped rear garden.



The property is located in a highly regarded location within the sought after village of Coleorton, North West Leicestershire.

Standing on a good size plot with open aspects to the front and rear. Neighboring properties have recently been developed and there is scope to demolish and erect a new build, subject to planning permission.

Lounge 3.7m x 3.5m

With electric radiator, fireplace and window to front aspect.

Kitchen 3.7m x 2.5m

With base units, worktops with inset sink, space for appliances, window to rear and side and door to lean to.

Bedroom 3.7m x 3.65m

With electric radiator and window to front aspect.

Bathroom 3.6m x 2.3m

With modern suite comprising low flush w.c. wash hand basin and double shower cubicle. Heated towel rail and window to rear.

Outside

Gravel driveway along with good size gardens to front and rear. Views over paddocks to both front and rear.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Note:

Please be advised that key information regarding Water supply, Electricity supply, Sewerage arrangements, Heating supply, Broadband and Mobile Phone Coverage is currently not available. Prospective buyers are advised to make all necessary independent enquiries before 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 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. 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 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 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.