£500,000 /Sale price

For sale by Unconditional Online Auction.A stunning opportunity for a Grand Design type property. The site extends to approximately 1.4 acres and houses a former Reservoir along with Nuclear Bunker. Vehicle access and driveway from Stockerston Road leads to the site. Situated in a highly sought after location with stunning 360 degree views over the surrounding countryside of Leicestershire and Rutland. Located around half a mile from Uppingham Town centre which houses an array of amenities and highly regarded schooling. The property has planning permission to convert into a one off, large home with Cathedral type ceilings, large glass opening with far reaching views and will house stunning accommodation over two floors. Planning Reference- 2020/0275/FUL The current owner has spent approximately £200,000 on planning permission, architects drawings and improving the vehicle access already. The grounds extend to 1.4 acres approx. Mainly laid to grass but offering ample parking, garage space, landscaped garden, tennis courts etc. The site also houses a former underground Nuclear Bunker which offers superb scope for development to further accommodation, office, man cave etc. Another extra bonus for a discerning buyer. A rare opportunity to purchase a large site with planning permission on one of the most desirable locations within the East Midlands. The property is subject to a community/planning charge and the buyer shall be wholly liable for the payment of the charge. Prospective buyers are referred to special condition 31 within the legal documents and are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. NOTES TO BUYERS Prospective buyers are referred to the Overage Agreement in the legal pack and also to the Court Order dated 24th December 2024 and are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.Draft Sales Details These sales details are awaiting vendor approval.Tenure: FreeholdEPC Rating: ExemptTerms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 fee apply: 10% deposit (subject to a minimum of £5,000) Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 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.