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Guide Price£400,000

36 - 38 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3JJ

Bedrooms
4

Key Features

  • Development Site
  • Currently offering Four One Bed Flats (potential income £29,000 per annum)
  • Full Planning Permission for Two Detached Houses
  • Scope for Alternative Schemes STPP
  • Desirable Village Location
  • Pair Of Semi Detached Houses Converted to Four Flats
  • Large Site

Description

This property remains available and open to offers following the auction on 26 February 2026.
Please contact the auctioneers for further details.
Offered in partnership with Shouler & Son

A development site in a highly regarded village location.

The site currently houses a pair of semi-detached houses which have been converted into four self contained one bedroom flats.

Three of the flats are let at £600 pcm and one is vacant. Estimated Rental Value of £30,000 per annum.

Full planning permission has been granted for the demolition of the flats and erection of two executive detached houses with gardens, parking and garages. Planning Ref 22/00637/FUL.

The site had previous planning permissions for alternative schemes. In 2016 planning was granted for five three bedroom town houses and one Detached Cottage. In 2017 planning was granted for two three bedroom detached houses and two three bedroom semi detached houses. Both of these permissions have now lapsed.

But there maybe scope for alternative schemes, subject to planning.

The site could be kept as is with potential rental income of circa £34,000 per annum.

Well placed for access to Nottingham, Loughborough, Leicester, Grantham, Newark and Rutland Water as well as major road links.

Tenure: Freehold

EPC Rating: E D D D

Terms:
Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Property details

Tenure
Freehold
Council Tax Band
A
Date Posted
2026-01-29

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
Garden

Important notice: Information, maps and tags on this page are supplied by the advertising agent or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Enquire about this property

Contact BTG Eddisons Property Auctions, Nationwide

17 Regan Way Toton Nottingham NG9 6RZ

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