Buy one house, get building plot for second house ‘free’

Buy one house, get building plot for second house ‘free’

A rare opportunity to buy a semi-detached house which comes with a building plot for a separate detached house is appearing at SDL Auctions Graham Penny’s auction in Leicester on 6 October.

The four-bedroomed property at 347 Thurcaston Road, just off Leicester’s outer ring road, has a *guide price of £195,000+ and includes a good-sized building plot of approximately 276 sq m.

The existing house was previously rented out for an income of about £20,000 per annum, and the neighbouring building plot has planning permission for a four bedroomed detached dwelling.

Carl Finch, senior valuer at SDL Auctions Graham Penny, said: “This is effectively a ‘buy one house, get building plot for a second house free’ offer.

“This would make a superb purchase for a serious property investor, and we expect it will draw some strong bidding at the auction.”

Another unusual lot at the Leicester auction is a two bedroomed, semi-detached bungalow at 20 Crabtree Lane in the highly sought-after village of Sandilands, Sutton on Sea, Mablethorpe.

This seaside property is close to the promenade, beach and local golf club and would make an ideal retirement property or holiday home, or could be rented out for around £6,000 per annum. It has a guide price of £78,000+.

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