Andrew Granger & Co

Tel: 01858 431315

Fax: 01858 433366

Email: sales@andrewgranger.co.uk

52 High Street
Market Harborough
Leicestershire
LE16 7AF

London Road, Burton Overy, Leicester

Price Guide £700,000 Sold (STC)

3 Bedroom Land - Building Plot

A rare chance to acquire a unique development opportunity with planning consent granted for the demolition of an existing dwelling and the erection of a substantial new residence within a plot of approximately 1/2 acre (0.2 hectares), enjoying spectacular views over open countryside some 1 1/2 miles south of the villages of Burton Overy and Great Glen in south Leicestershire.

THE SITE

The site occupies an area of approximately 0.2 hectares (0.494 acres), and is approached via London Road, just before the slipway onto the dual carriageway A6. The driveway and verges to either side form part of the transaction, and a copy of the Land Registry plans are available for inspection via the selling agent's.

LOCATION

The property lies approximately 7.5 miles equidistant of Leicester and Market Harborough, both of which have mainline rail services to London St Pancras, and are accessible via the A6. The M1 lies within easy reach at Junction 21. The property is located just off the old A6 some 1 1/2 miles south of Burton Overy and Great Glen, occupying a rural setting. Great Glen has an excellent range of day to day village amenities including a Co-op store and delicatessen, post office, cafes, public houses and restaurants, together with sporting and leisure opportunities. Great Glen also has a primary school, Stoneygate School and Leicester Grammar.

PLANNING

Full planning permission was granted on 9th June 2021 for the demolition of existing dwelling and buildings, and erection of a replacement dwelling, application number 21/00450/FUL (extract below). All planning enquiries should be made with Harborough District Council Planning Department in Market Harborough.

EXISTING PROPERTY

The existing dwelling comprises a 1940s/50s two storey house with various kennel buildings currently used for business purposes.

PROPOSED DESIGNS

The proposed dwelling has been designed by Graham Harris Partnership Ltd to create a most impressive five bedroomed detached house in accordance with the plans provided herewith. The net internal floor area proposed amounts to 3,379 sq ft excluding the garage, with the well proportioned accommodation approached via an impressive reception hall, having three reception rooms, large open plan living kitchen, five bedrooms and three bathrooms. There is also a detached double garage with external staircase rising to a games room over.

PLANS

The architect's plans, site plans and location plan are provided for guidance purposes only, and are not to scale. Please liaise with Harborough District Council Planning Department with respect to any enquiries regarding planning matters.

WAYLEAVES, EASEMENTS, COVENANTS, DRAINAGE & RIGHTS

The land is sold subject to and with the benefit of all covenants, rights of way, wayleaves and easements that may exist over the property, whether or not mentioned in these sales particulars. Drainage is via a septic tank.

STAMP DUTY

Stamp Duty Land Tax rates from 1st October 2021
Up to £125,000 Zero
The next £125,000 (the portion from £125,001 to £250,000) 2%
The next £675,000 (the portion from £250,001 to £925,000) 5%
The next £575,000 (the portion from £925,001 to £1.5 million) 10%
The remaining amount (the portion above £1.5 million) 12%

If you’re a first-time buyer, you won’t pay any tax on homes priced at or below £300,000. However, you will pay five per cent on a property, or the portion of a property, priced between £300,001 and £500,000. However, if the first home you’re buying is priced above £500,000, you won’t be eligible for a saving and you’ll have to pay normal stamp duty rates.

MONEY LAUNDERING

To comply with The Money Laundering Regulations 2007, any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/driving licence and a recent utility bill (not more than three months old). This information is required prior to Solicitors being instructed.

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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