An exciting opportunity to purchase a substantial detached residence with planning permission to extend and become a 14 bedroom care home for which C2 planning permission is already in place with Oadby and Wigston Borough Council (Ref. No: 18/00420/FUL).
The property is to be sold as a residential property with over sized garage, which with the relevant planning consent could become either managers accommodation or further living accommodation, and ample off road parking. Planning permission is also in place to drop the kerb, move the existing gates and add off road parking to Newton Lane creating around 10 car parking spaces. The existing property comprises of: Entrance hall, Cloakroom, six reception rooms, kitchen and utility room on the ground floor, whilst on the first floor are eight bedrooms (four with ensuite facilities) and family bathroom.
The link to the auction is: https://www.iamsold.co.uk/auction/properties/4762a37726ab4be0b0c6a5a51f50e711
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you. Read more
|Substantial & Prominent Detached Property
||For Sale by Modern Method of Auction
|6 Receptions, 8 Beds, 5 Baths
||Planning for 14 Bed Care Home (C2)
|Buyers Fees & T & C's Apply
||Subject to Reserve Price
|Fantastic Potential - Must Be Viewed
||EPC Rating TBC