Expansive greenfield site with redevelopment potential near Syston.
- Freehold land totalling approximately 2.199 acres (large plot)
- Guide price £20,000–£25,000; sale by public auction
- Potential alternative uses subject to Charnwood planning
- High flood risk; major development and insurance implications
- Natural features: pond and brook across the site
- Overgrown/vacant condition; some debris and materials present
- Excellent mobile signal; broadband speeds are slow
- Public notice/repossession recorded; undertake full legal checks
A substantial freehold parcel totalling approximately 2.199 acres on the north side of Meadow Lane, offered at auction with a guide price of £20,000–£25,000. The site is largely greenfield, with natural features including a pond and brook, and sits within a comfortable suburban, very affluent area — creating scope for alternative uses subject to planning permission from Charnwood Borough Council.
This plot will suit buyers looking for a land-based investment or a redevelopment opportunity. The scale of the site presents flexibility: subdivision, residential redevelopment, or other uses may be possible, but any change will require planning consent. The lot is being sold via public auction and is recorded with a public notice/repossession flag; prospective purchasers should carry out full due diligence and allow for auction timelines (sale scheduled at auction dates advertised).
Practical considerations are straightforward: tenure is freehold, mobile signal is excellent, but broadband speeds are slow and the site is described as overgrown in places with some debris. A material drawback is the high flood risk, which will significantly affect development costs, insurance and planning decisions. Interested buyers should commission flood, ground and legal searches and engage early with the local authority on planning viability.
Viewing this land is recommended for experienced developers or investors prepared to manage remediation and infrastructure costs. The plot’s size, setting and proximity to local amenities and schools give it potential, but expect a planning-led process and additional site preparation expenditure.
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