Back Lane,, Oakham, LE159DG

Starting Price* £350,000
Time Left 9d 03h 00m 38s

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Fees & Charges Explained

Property Overview

A superb opportunity has arisen to acquire a good-size three-bedroom two-bathroom Barn Conversion together with completely separate two-bedroom Cottage Annexe and a large double Garage. The property is largely hidden from view, set back from the road and enjoys a high degree of privacy.

Both the Barn Conversion and the Cottage require routine modernisation and updating but could easily provide an ideal setting for somebody with dependent relatives or for somebody who wanted to run a holiday cottage or bed-and-breakfast business.

The accommodation on offer can be summarised as follows:
MAIN HOUSE:
GROUND FLOOR: Reception Hall, Cloakroom. Sitting Room, Kitchen/Diner, Pantry; FIRST FLOOR: Master Bedroom with en-suite Bathroom, two further Bedrooms, Shower Room.
COTTAGE ANNEXE:
GROUND FLOOR: Entrance Hall, Laundry Room, Living Room, Kitchen, Bedroom One, Bathroom; FIRST FLOOR: Bedroom Two, large Attic Room.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of:

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Accommodation - Cottage Annexe: - Ground Floor - Entrance Hall - Built-in cloaks cupboard with hanger rail and shelf, radiator, recessed ceiling spotlight, external part-glazed door with matching side panel giving independent access to the front garden and driveway. Laundry Room - 4.50m x 3.20m (14'9" x 10'6") - Spacious utility area with range of large built-in storage cupboards with louvre doors, oil-fired central heating boiler (working independently from the main cottage), plumbing for washing machine, recessed ceiling spotlights, staircase to first floor. Living Room - 4.50m x 3.35m + 4.06m x 2.54m (14'9" x 11'0" + 13' - A spacious 'L'-shaped room enjoying an outlook over the front garden and shared courtyard area. The room includes three radiators, beamed ceiling, dual-aspect windows and glazed door opening onto courtyard. Kitchen - 2.62m x 1.75m (8'7" x 5'9") - Range of fitted units featuring marble-effect work surfaces with pine cupboard and drawer units beneath, single drainer stainless steel sink unit, pine wall cupboards and glass-fronted cabinets. Tiled splash-backs, electric cooker point, window to rear. Off Entrance Hall: - Bedroom One - 3.99m x 3.71m + built-in wardrobes (13'1" x 12'2" - Excellent range of fitted bedroom furniture comprising three double wardrobes with hanger rails and cupboards above, matching dressing table and adjoining chest of drawers, two radiators, window overlooking attractive garden area. Bathroom - 2.41m x 1.65m (7'11" x 5'5") - Coloured suite comprising panelled bath with shower attachment, pedestal hand basin, low-flush WC and separate fully tiled shower cubicle with MIRA shower above; partially tiled walls, radiator, vanity light with shaver point, roof light. First Floor - Landing - Good-size landing area with exposed roof timbers and access to Bedroom and large Attic Room. Bedroom Two - 6.10m x 3.66m at base (20'0" x 12'0" at base) - Good-size bedroom with slightly restricted head room and incorporating large built-in storage cupboard, electric storage radiator and two double-glazed roof lights. Attic Room - 6.99m x 3.20m at base (22'11" x 10'6" at base) - Large attic room with restricted head room (approximately 6'2"(1.88m) at apex) providing a flexible space or useful storage area. Main House: - Detached Barn Conversion standing independently of the Annexe Cottage and offering the following accommodation: Ground Floor - UPVC double-glazed entrance door leads to: Reception Hall - Radiator with timber shelf above, useful under-stairs storage areas, central heating room thermostat, feature staircase with exposed timbers leading to first floor. Cloakroom - 1.65m x 2.79m + large built-in cupboard (5'5" x 9' - White suite comprising low-level WC and pedestal hand basin with tiled splash-back, fitted coat hooks, large built-in cupboard housing oil-fired central heating boiler. Sitting Room - 7.32m x 4.88m (24'0" x 16'0") - Spacious living area incorporating feature rounded stone fireplace with open grate and flagstone hearth, four radiators, two windows overlooking courtyard and French glazed door with matching side panels giving access to courtyard area. Kitchen/Diner - 4.85m x 4.50m (15'11" x 14'9") - Range of fitted units featuring oak-effect wok surfaces with cupboard and drawer units beneath, inset twin-bowl stainless steel sink unit and matching eye-level wall cupboards, integrated electric oven and electric hob with cooker hood above. Radiator, good-size dining area, window overlooking courtyard, French doors giving access to courtyard area. Pantry - Useful pantry area with fitted shelving. First Floor - Landing - Attractive landing with exposed timbers, large built-in eaves storage area, airing cupboard and linen cupboard. Bedroom One - 4.39m x 4.06m average + en-suite area (14'5" x 13' - An irregularly shaped room full of character and featuring exposed roof timbers, large built-in wardrobe and cupboard, two radiators and two windows providing an attractive outlook over courtyard area. En-Suite Bathroom - Coloured suite comprising panelled bath with shower attachment, low-level WC and inset hand basin with vanity cupboards beneath; partially tiled walls, exposed roofing timber, fitted extractor fan, electric heated towel rail. Bedroom Two - 4.88m x 3.20m (16'0" x 10'6") - Partially sloping ceiling, radiator, built-in cupboard, window to front overlooking courtyard area. Bedroom Three - 2.82m x 2.54m (9'3" x 8'4") - (currently used as a Study) Radiator, exposed roof timber, window providing an outlook over courtyard area. Shower Room - 1.78m x 2.95m (5'10" x 9'8") - Large walk-in shower with MIRA shower above, low-level WC and pedestal hand basin with tiled splash-back; heated towel rail, loft hatch giving access to roof void, window to front overlooking courtyard area. Outside - The property is approached from Back Lane with initial access over a small section of shared gravel driveway. This then leads to the property's private driveway with a five-bar wooden gate opening onto the front section of garden, which has been well maintained and incorporates a shaped lawn with adjoining herbaceous borders and rockery garden stocked with a wide variety of shrubs, bushes and plants. The driveway continues past the Annexe Cottage leading to the main courtyard area. The courtyard has been largely hard-landscaped and features a good-size parking area with adjoining shrubs and bushes. The driveway leads round to the large double Garage. Double Garage - 6.81m x 4.80m (22'4" x 15'9") - Light and power, ample storage, twin electric roller-shutter doors, oil storage tanks. Services - None of the services, fittings, or appliances (if any) heating installations, plumbing or electrical systems, telephone or television points have been tested by the Selling Agents.

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Murray Estate Agents

Local Branch: 18 High Street East, Rutland, LE15 9PZ
Head Office: Market Street, Rutland, LE15 6DY

Fees & Charges Explained

Back Lane,, Oakham, LE159DG

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £200.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 0115 855 9731.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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