SSTC Land - Development Site
South Luffenham, Oakham Offers Invited £750,000
Property Features
The Street, South Luffenham, Oakham, Leicestershire, LE15 8NX
Contact Agent
Market Harborough12 The Square
Market Harborough
LE16 7PA
Tel: 01858 450020
sales@naylorsestateagents.com
About the Property
A rare opportunity to acquire an attractive development opportunity in the sought after Rutland village, South Luffenham.
Planning consent granted for 5 stone barn conversions and a single plot for large detached dwelling
Available as a whole 0.63 acre site or in two lots.
Lot 1 outlined red on the Plan (5 Barn Conversions – 0.45 acre)
Lot 2 outlined blue on the Plan (Plot for large detached dwelling – 0.18 acre))
Surrounded by attractive period properties views over open agricultural land
In the ‘Golden Triangle’ between Stamford, Oakham and Uppingham
All mains services in close proximity to the site
Property Details
INFORMATION
To be sold by Private Treaty either as two Lots or as a whole.
The site is to be sold with planning consent, as granted on 14th April 2022 by Rutland County Council under ref. 2019/0918/FUL to convert 5 No existing stone barns into 5 No, two storey dwellings and a single detached new build plot, either as one or two Lots (barn conversions Lot 1 and new build Lot 2). The Barns combined GNI is approximately 596.8m2 (6424ft2) and the detached dwelling 502.5m2 (5409ft2).
This site is available as a whole, or as two lots. This listing is for the whole.
LOCATION
ham is a charming village with two public houses, the Boot Inn and The Coach Inn, the Parish Church of St Mary the Virgin and a village hall. There is a highly regarded primary school in the neighbouring village, North Luffenham. Secondary schooling is in Uppingham, while private education is in Uppingham, Oakham and Stamford.
Uppingham is 6 miles, Oakham 8 miles and Stamford 7 miles away, which in addition to education provide a wide range of shopping and restaurant choices. Stamford and Oakham provide mainline railway links to London Kings Cross in 50 minutes
Rutland is a very picturesque County, with many leisure facilities on offer from sailing and cycling at Rutland Water, to golf, horse riding and walking at various locations.
IMPLEMENTATION OF PLANNING CONSENT/ OVERAGE
The Purchaser shall be free, subject to planning consent and Vendors written consent (not to be unreasonably withheld) to secure an alternative planning consent and develop an alternative scheme to that currently permitted. If such a scheme results in a greater residential floor area, the Vendor shall be entitled to an Overage payment equivalent to 50% of the value paid per m2 of the original scheme for any additional residential accommodation created by any subsequent consent, prior to works commencing on site or as otherwise agreed.
