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Land for sale

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Land for sale

Land on Station Road & Corner of Holmden Avenue, Wigston, LE18 2DJ
£750

Our Summary

  • Available for £750 PLUS VAT & COSTS For Sale by Public Auction on 09/04/2025 Location: Two of the sites are located on Station Road either side of Abingdon Close and one site is located on the corner of Heatherley Grove and Holmden Avenue
  • Planning Potential for development, subject to planning permission
  • A Development Uplift Clause will be included within the contract entitling the Seller to recover 30% of any increase in value of the site for a 30 year period
  • The property is sold subject to a development uplift clause which will reserve 30% of any increase in value due to any non-agricultural or equestrian development that takes place within 30 years of the completion of purchase
  • These clauses will be triggered either upon the implementation of a planning consent or the sale of the property to a third party, subject to any consents

Description

This 0.25-acre public open space is being sold by public auction on April 9, 2025, with a guide price of £750 plus VAT and costs. The three-level sites are located on Station Road, Abingdon Close, and Heatherley Grove/Holmden Avenue in Oadby & Wigston Borough Council. The property has potential for development, subject to planning permission, and the seller will retain a 30% uplift on any future development value for 30 years. The sale is subject to the buyer paying the seller's legal and auctioneer's fees, and a restrictive covenant will be imposed to prevent the siting of mobile homes without written consent.