Land off Gladstone Street, Lutterworth, LE17 4EA
Land off Gladstone Street, Lutterworth, LE17 4EA
- 4
Key features
Guide Price: *
£130,000
Fees apply
Buyer's fee:£3,780
Admin fee:£504
Legal fee:£259.20
All fees include VAT at 20%
Holding Deposit: *£1,220
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£129,000Bid history
10 bidsP
28/10/2024 11:51:07 - £129,000
K
28/10/2024 11:50:56 - £128,000
P
28/10/2024 11:50:50 - £127,000
See all 10 bids ▾
An opportunity to acquire a site which has the benefit of full planning permission for the erection of a three bedroom, two-storey dwelling on a vacant site with 2 off road parking spaces.
FOR SALE BY ONLINE AUCTION. Monday 28th October 2024.
An opportunity to acquire a site which has the benefit of full planning permission (ref: 23/01444/FUL) for the erection of a two-storey dwelling on a vacant site with 2 off road parking spaces. The indicative plans show the proposed two-storey dwellinghouse consisting of 3 bedrooms, 2 ensuites and 1 family bathroom, with an open sitting, dining and kitchen area to the ground floor along with a separate lounge, utility and various storage spaces, and as drawn (as a guide only), is circa 1083 sq.ft. The site area extends to 0.04 acres (0.02 ha) or thereabouts.
The freehold site is situated on the eastern side of Gladstone Street within walking distance of Lutterworth town centre.
Lutterworth is an attractive market town in the Harborough district of Leicestershire, close to the borders with Northamptonshire and Warwickshire. Originally settled as an Anglo-Saxon settlement and later included within the Domesday Book, Lutterworth has a rich history. Furthermore, Lutterworth benefits from a wide range of everyday amenities and facilities, including primary and secondary schools, the Feilding Palmer Hospital, sports clubs, public houses, supermarkets, and churches, including the 13th century St Mary’s Church. It is well located in close proximity to the several main transport links. In addition to lying on the A426 road between Rugby and Leicester, the southern bypass (A4303) provides easy access to the M1 (Junction 20) and the A5.
Full planning permission was granted by Harborough District Council, under application reference 23/01444/FUL and approved on 30th January 2024, for the erection of a two-storey dwelling-house on a vacant site with 2 off-road parking spaces.
The property is offered for sale freehold with vacant possession.
The land is not connected to any mains services, although it is believed that mains water, drainage and electricity are available in close proximity to the site. None of the above services have been tested and purchasers should note that it is their specific responsibility to make their own enquiries to the appropriate authorities as to the location, adequacy and availability of mains water, electricity, and drainage services.
We understand that there are no Public Rights of Way over the land. The property is sold subject to and with the benefit of all rights of way, easements and wayleaves that may exist over the property whether disclosed or not.
It is the intention of the vendors not to charge VAT in addition to the purchase price, however, the vendors reserve the right to charge VAT on the purchase price should they be advised to do so at the point of sale.
The plan, area and description are believed to be correct in every way, but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions. The plan is for identification purposes only.
The land is not currently registered. A copy of the deeds will be available in the auction pack.
The property is for sale by online auction. All details, terms, conditions and contract pack are available on our website.
Please visit the Howkins & Harrison website (howkinsandharrison.co.uk), click ‘Auctions' in the main heading menu then 'Online Auctions'. To bid; click 'Register' and verify your email address.
Should you be successful in the purchase of this property, the following payments are due upon exchange: £5,000 (incl VAT) is taken from the registered card (on the fall of the hammer) and is apportioned as follows:
- Auctioneers Buyers Premium - £1,800 (inc VAT)
- Auction Platform Fee - £1,980 (inc VAT)
- £1,220 towards deposit.
The remainder of the 10% deposit of the purchase price is due by 12pm the next working day.
The purchaser is subject to the following payments upon completion:
- Balance of the purchase price
- Search fees
- Administration fee Full terms and conditions for the online auction are available on our website.
The Contract Pack will be available on our website.
Under the money laundering directive (S12017/692) we are required under due diligence as set up under HMRC to take full identification (e.g. photo ID and recent utility bill as proof of address). When a potential purchaser submits an offer for a property, please be aware of this and have the information available.
The land is sold freehold with vacant possession.
Strictly by prior appointment only via the selling agent Howkins & Harrison. Contact Tel: 01788 564680.
Henry Martin Alex Brown
Amber Richardson Broomfields Solicitors LLP. Minerva House, 7 St John’s Business Park, Rugby Road, Lutterworth LE17 4HB
Summary
- Auction end
- 28th Oct at 12:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 28th Oct at 12:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Rugby
01788 564 666
7-11 Albert Street, Rugby, Warwickshire, CV21 2RX
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Howkins & Harrison Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Howkins & Harrison Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
