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Plough Gardens, Longcliff Hill, Old Dalby, Leicestershire LE14 3LP

Auction Event
 

Guide Price £25,000+ 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 30th January 2025

9.00am
Key Features
  • Parcel Of Land
  • Desirable Village Location
  • Approx 200 sqm
  • Potential for Development Subject To Planning
  • Freehold
  • Corner Plot
  • EPC Rating: Exempt
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Land

Property Description:

A freehold parcel of land situated in the desirable village of Old Dalby.

The land is situated along Longcliff Hill to the north of the village of Old
Dalby in Leicestershire, approximately 6 miles north west of Melton
Mowbray and 9 miles north east of Loughborough. Located opposite the junction of Debdale Hill.

The land is shown edged red on the plan and is approximately 198m2 in size. The land has historically been used for the growing of fruit and vegetables.

Possible development opportunity subject to planning permission.

The land is accessed via a wooden gate directly off Longcliff Hill.

There are no know rights of way or service on the site. The land will be sold with an overage for development and this will apply to any residential or commercial development. Full information will be available within the legal pack. VAT is not payable on the purchase price.

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.