- Four Bedrooms
- In Need Of Updating
- Wide Range of Outbuildings
- Grounds of Approximately 3 Acres (sts)
- Development/Renovation Project (subject to planning permission)
For sale by Modern Method of Auction; Starting Bid Price £250,000 plus Reservation Fee. Situated adjacent to the iconic Sutton Windmill is a four bedroom detached bungalow with a wide range of outbuildings, set in grounds of approximately 3 acres (sts) Scope for redevelopment, subject to planning.
This property is for sale by East Anglia Property Auction powered by iam-sold Ltd.
AUCTIONEER'S COMMENTS This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by East Anglia Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.
SUTTON Sutton lies next to the Norfolk Broads (Barton Broad to its south-west, and Hickling Broad to the south-east) and approximately 16 miles north-east of the cathedral city of Norwich. The slightly larger market town of Stalham is close by and offers a range of day to day shopping facilities and schooling. Sutton has a public house and hotel, infant school, garden centre, village hall and a parish church. The cathedral city of Norwich offers a wide range of shopping, leisure and cultural facilities as well as a main line railway station serving London Liverpool Street.
TO VIEW OR MAKE A BID Contact Sowerbys or visit www.sowerbys.iamsold.co.uk/properties/6b74f1f84f5d477781aa4c10637e7106
ENERGY EFFICIENCY RATING EPC to be confirmed.
OUTBUILDINGS Building 1 - 3640 sq ft
Building 2 - 260 sq ft
Building 3 - 575 sq ft
Building 4 - 1500 sq ft
All measurements are approximate.
Important Information
Property Ref: 2-58578_100439027032
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