LE14 3EB - Land for sale in Lot 1 Land off Thrussington Road, Hoby, Le…

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Land for sale in Lot 1 - Land off Thrussington Road, Hoby, Leicestershire, LE14

Summary - 1 THRUSSINGTON ROAD HOBY MELTON MOWBRAY LE14 3EB

1 bed 1 bath Land

Large freehold arable parcel with woodland and conversion potential, subject to planning and encumbrances.
183.21 acres (74.14 ha) predominantly Grade 2/3 productive arable land
A rare parcel of approximately 183.21 acres (74.14 ha) of productive Grade 2/3 arable land and pockets of mature woodland on the edge of Hoby village. The holding is largely flat with gentle undulations, established hedgerows and a small disused open‑sided brick barn that could offer limited conversion potential subject to consents. The site is accessed from Thrussington Road and benefits from uninterrupted rural views across the Wreake Valley.

This lot is offered freehold and is currently let on a Farm Business Tenancy until 29 September 2025; vacant possession will be available thereafter unless a new tenancy is agreed. A 3.06 acre area is subject to a five‑year buy‑back provision as shown on the plan. There are no mains services connected to the land; purchasers should verify service locations independently.

Buyers should note practical constraints that materially affect value and future use: part of the land lies within Flood Zones 2 and 3; a development uplift clause requires payment of 50% of any value uplift from planning permissions (excluding agricultural and personal equestrian use) for 50 years; and access arrangements may rely on rights over adjacent Lot 3 if sold separately. These conditions make the lot most suited to agricultural users, long‑term investors, or purchasers able to work within the existing legal encumbrances.

Overall this is a substantial agricultural investment in an affluent, low‑crime rural location with strong arable potential and limited immediate development upside without planning consent. It will appeal to established farmers, estate buyers and investors seeking a large contiguous holding with woodland and sporting/timber rights included where owned.

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