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Willow Mead, 5 Hollands Lane, Twyford, Melton Mowbray, Leicestershire LE14 2HP

Lot no: 33 Sold Prior to Auction
 

Guide Price £450,000+ 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 22nd August 2024

9.00am
Key Features
  • Smallholding of 7.5 acres with detached bungalow
  • Large garage/workshop with space above
  • Desirable village location
  • Huge potential with scope for extension/redevelopment (subject to planning)
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Sold Prior to Auction

Detached bungalow

Property Description:

A smallholding comprising of a detached bungalow with outbuildings/workshop set in approx. 7.5 acres of paddock land.

Situated at the end of a no through road in a peaceful and private setting within the ever desirable village of Twyford.

A quiet and rural village with great community and giving easy access to Oakham, Melton Mowbray and Leicester.

The bungalow is in need of full modernisation and has suffered from flood damage, but offers superb scope for extension / alteration or even demolition, making way for a new build home, subject to planning permission.

There is a large modern garage/workshop with office space above offering further potential, along with over 7 acres of paddocks which surround the property.

Viewing is highly recommended.

Entrance Porch
Utility Room 2.47m x 2.02m
Walk in store 1.48m x 1.28m
Kitchen 3.64m x 3.36m
Lounge 3.6m x 3.33m
Conservatory 4.63m x 3.40m
Bedroom One 3.67m x 3.35m
Bedroom Two 3.22m x 2.87m
Bedroom Three / Dining Room 3.64m x 3.33m
Bathroom
Workshop / Garage 9.00m x 7.30m

With w.c. and office/room above measuring 7.30m x 4.54m

Outside - total of 7.5 acres

Driveway/parking, gardens to side and rear, paddocks to three aspects, original brick barn/store

Estimated Broadband Speeds

Standard 4 mbps. Superfast 80 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Draft Sales Details

These sales details are awaiting vendor approval.

Flood Risk

Rivers and Seas Medium. Surface Water High.

Construction Material

Cavity wall, filled cavity.

Please note:

We are informed the paddocks are let to sheep grazing until October 2024. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Double Glazing, Gas Central
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Garage, Driveway



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 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.