Summary - 17, Wartnaby Road, Ab Kettleby, MELTON MOWBRAY LE14 3JJ
4 bed 1 bath Residential Development
Large plot with income and planning consent near major transport links.
- Full planning permission for two detached houses (Ref 22/00637/FUL)
- Current setup: four one‑bed flats, three tenanted at £600 pcm
- Potential rental income circa £29–34k per year if retained
- Large village plot with gardens, parking and garages
- Site previously had other planning permissions (lapsed)
- Older solid-brick buildings, likely no wall insulation
- Low EPC ratings across units (E / D / D / D)
- Sale by auction: 5% deposit and 4.8% buyer's fee apply
A rare residential development plot in the sought-after village of Ab Kettleby, offered with full planning permission for two executive detached houses (Ref 22/00637/FUL). The site currently contains a pair of converted semi-detached houses split into four one-bedroom flats; three are let at £600 pcm and one is vacant, producing immediate rental income with scope to increase once fully let.
The principal value drivers are the large plot, village setting with good road links to Nottingham, Leicester and Loughborough, and consent for two detached homes with gardens, parking and garages. There is additional scope for alternative schemes — several previous permissions existed — but any different scheme would require fresh planning approval.
Buyers should note material considerations: the properties are older (pre-1900) with solid brick walls likely without cavity insulation, EPC ratings are low (E/D/D/D), and the flats are basic one-bed units. Sale is by auction on 27 November 2025 with binding contracts exchanged at fall of the hammer. An auction deposit (5%, minimum £5,000) and a non-refundable buyer’s fee (4.8%, minimum £6,000 inc. VAT) apply — read the legal pack carefully.
This lot will suit developers or investor-buyers who can either implement the existing full planning consent for two executive homes or retain and re-let the flats to capture ongoing income. Prospective purchasers must carry out all independent enquiries on planning and refurbishment costs before bidding.
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