Next auction Thursday 20th June 2.30PM

1.64 Acres of Land off Schofield Road, Oakham, Rutland, LE15 6FP



Sold
£10,000
Sold
£10,000
Sold
£10,000
Sold
£10,000
Sold
£10,000
Sold
£10,000
Guide price

£5,000+


Property Type

Land


Key Features

  • An opportunity to acquire freehold parcels of land extending to 1.64 acres
  • Within an established residential estate in Oakham, Rutland.
  • An ideal opportunity for investors & speculative developers

Part of the 26 October 2023 auction
The Nottingham Racecourse at 2.30PM

An opportunity to acquire freehold parcels of land extending in total to 1.64 acres within an established residential estate in Oakham, Rutland.

  • Parcels of freehold land totalling 1.64 acres
  • Situated off Burley Park Way (A606)
  • A short distance from Oakham Train Station
  • Set within an established residential estate
  • Surrounded by high quality residential dwellings
  • A short distance from the retail centre of Oakham
  • Excellent transport links to town centre & surrounding areas
  • Comprising large areas of grassland and open space
  • May suit alternative uses (subject to planning)
  • A strategic long term investment opportunity
  • Red line plan for illustration purposes only, refer to Title Plan in Legal Pack

Roadside viewing at any time

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold

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