Holmwood Drive, Leicester, LE3

AUCTION - FINAL VIEWING DAY 3RD SEPTEMBER 1PM UNTIL 6PM. BY APPT
PLEASE CONTACT BERRYS SALES TEAM ON TO REGISTER AND BOOK YOUR VIEWING TIME SLOT
*FOR SALE VIA TRADITIONAL ONLINE AUCTION ENDING 11TH SEPTEMBER 2024 AT 2PM*
Offered to the market is this single building plot, formerly a rear garden of property 488 Groby Road, Leicester. The plot is 17m wide, 40m deep and extends to approximately 0.16 acres.

FEATURES

• For sale via traditional online auction
• Close to hospital
• M1 - 2.5 miles by dual carriageway
• Leicester railway station & city centre - 3.5 miles
• No chain

Method of Sale
The property will be offered for sale by Public Online Traditional Auction.
The Vendor reserves the right to withdraw or alter the property prior to the auction end date. The bidding page can be found at
In order to bid, click “Register” and then do the following via the Dashboard;
Pass the ID check Enter your payment details Enter your solicitor details

Location
Leicester is a large city in the Midlands with a population of approximately 350,000. Leicester provides a full range of amenities, including large shopping centres Highcross and Haymarket, hospitals, universities and a large number of restaurants and night clubs.

Leicester is located on the east side of the M1 near junctions 21 and 21A, which gives it very good communication links to the rest of the country. The property is located in the western part of the city along the A50 Groby Road, directly opposite Leicester Glenfield Hospital.

GPS Location Search
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Description
A single building plot, formerly a rear garden of property 488 Groby Road, Leicester. The plot is 17m wide, 40m deep and extends to approximately 0.16 acres.

The site is partially cleared. The purchaser to be responsible for erection and maintenance of a new boundary fence between the plot and the existing garden belonging to 488 Groby Road, shown as inward facing ‘T’.

Registered Title
The property is not registered with Land Registry. Relevant registration to be carried out by the purchaser.

Planning
The land benefits from an outline planning consent for construction of a single residential dwelling. The consent was granted by Leicester City Council on 20th July 2022, under reference 20212834.


Services
There are no services connected to the property, however they should be found in the road. Interested parties are encouraged to make their own enquiries to the relevant authorities.

Council Tax
The property is to be assessed following first occupation.

Local Authority
Leicester City Council. Tel:

Solicitor
Rich and Carr Solicitors
Assurance House, 24 Rutland Street, LE1 1RD
Tel:

Viewing Arrangements
Please register with Berrys on for viewing open days.

Anti-Money Laundering Act 2007
Under current Money Laundering Regulations 2007 it is a legal requirement for Estate Agents and Solicitors to perform due diligence checks to any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sale site and complete the ID checks. There is no charge for registration.

Traditional Online Auction Information
Please note: this property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at this price.
The property is to be sold 'as seen' possibly with all the chattels and furniture that are currently in the property.
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. Berrys and Bamboo Auctions 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 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.

Definition of Auction Guide and Reserve Price
Guide price(s) is an indication of the Seller’s expectations. Reserve price(s) is a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range. Guide prices may change at any time prior to the auction.

Completion Date
Normally up to 28 days or sooner following exchange of contracts.

Buyer's and Administrative Fees:
The successful Purchaser will be required to pay £5,000 on sale. From this a Buyer’s fee of £3,600 inclusive of VAT is retained by Berrys/Bamboo Auctions as a contribution to the online platform costs, and £1,400 forms part of the 10% contract deposit. The purchaser will be required to pay the balance of the 10% contract deposit monies within 24 hours of the auction via their solicitor to the Vendors solicitor.
It will be the purchaser’s responsibility to reimburse the vendors costs for the provision of the Legal Pack and the agents additional administration fee as stipulated.

Auction Legal Pack and Special Conditions of Sale
This will be available to download from our website Online Auctions ( of charge to those who have registered. It is the Purchaser’s responsibility to make all necessary enquiries prior to the auction and we strongly recommend purchasers instruct a solicitor to assist.

General Auction Conditions of Sale
1. The highest bidder shall be the purchaser and if any dispute arises between two or more bidders, the Lot or Lots in question shall be put up again at the last undisputed bidding and resold at the Auctioneer's sole discretion.
2. No bidder shall withdraw his bid.
3. All lots shall be taken to with all their faults or misdescriptions if any and the purchase money shall be paid in full at any time during the progress or at the close of the sale, when demanded by the Auctioneers or their clerk. Under no circumstances will any lot be removed from the place of sale without a Delivery Note from the Auctioneers.
4. The risk in the goods shall pass to the Purchaser on the fall of the hammer, but the equitable and beneficial ownership of the goods shall not pass until payment in full to the Auctioneers by the purchaser of all funds due to the vendor has been made.
5. In these conditions of sale, the words "The Goods" shall be deemed to include all manner of things, living or dead, including livestock offered for sale by the Auctioneer.
6. The purchaser shall pay commission to the Auctioneers at the rate announced at the start of the sale.
7. All lots are to be removed by the time announced by the Auctioneer at the sale.
8. Upon any purchaser failing to comply with these Conditions, the Lot or Lots bought by him shall be resold by Public Auction or Private Treaty, and any expenses incurred, or deficiency arising from such re-sale shall be made good by the defaulter.
9. The Auctioneer reserves, on behalf of both them and of the vendor, the right to bid for any Lot or Lots during the sale.
10. In case of any dispute not provided for in the foregoing Conditions the decision of the Auctioneer between purchaser and vendor shall be final and binding on both parties.
These Conditions of Sale may vary from sale to sale depending on the circumstances and the revised conditions will be published on the relevant catalogue or announced at the time of Sale.