Residential development
Features and description
- Sale by auction guide price:£136,000 £155,000
- Development opportunity within the popular Suffolk market town of Eye
- Full planning permission granted
- Permission for x 2, 2 bedroom apartments and x1, 2 bedroom single storey dwelling
- Just a short walk to the shops
- Mid Suffolk Planning ref: DC/23/02021
- Bidding deadline: 16th October 2024 at 13.30pm. Register on our website for bidding registration.
Location
Eye is a small Suffolk market town steeped in history with numerous character and period properties dotted through the pretty lanes. A prominent feature of Eye is the castle mound, priory and fine church located on the Hoxne Road. There is good range of day to day facilities, with local shops and businesses, leisure and schooling facilities, further education (sixth form) and a health centre. Eye benefits from good access to Norwich and Ipswich via the A140, both of which are around 25 miles away, and are great for those requiring access into London. A mainline rail station can be found at Diss, just 6 miles away, with intercity journeys of around 90 minutes.
The scheme
Conversion of existing building into a ground floor apartment, with external alterations and an external staircase and balcony to serve the first floor apartment; conversion of and extension to existing single storey building into a further 2 bedroom dwelling, plus demolition of the remaining garage building in order to create parking area. Mid Suffolk planning ref:
Approx. unit sizes when converted
Plot 1 - 2 Bed Ground Floor Apartment - 66.8 m2 (719 ft2)
Plot 2 - 2 Bed First Floor Apartment - 66.8 m2 (719 ft2)
Plot 3 - 2 Bed Single Storey End of terrace unit - 57.9 m2 (623 ft2)
Agent note: CIL (Community Infrastructure Levy) applies.
Services
Mains water and electricity connections are on site
How to get there
What3words: ///changed.dodges.commander
Solicitor
Sam Bhachu. Eversheds Sutherland. 115 Colmore Row, Birmingham, B3 3AL
How the auction works
Please see our Auction Buyers Guide brochure and our T&Cs on our website.
Administration fee
An administration charge of £750+ VAT (£900) will be payable by the purchasers to the agents upon exchange of contracts. A VAT receipt will be issued the day following the auction. These arrangements will include pre-auction and post-auction purchases. This fee is due immediately after the auction ends.
Viewing
By appointment with TW Gaze
Agent note - We understand that there is a deep pit to the rear of the main building which is concealed by brambles and foliage.
Method of Sale
Timed online auction closes on 16th October 2024 at 13.30pm
Tenure: Freehold with vacant possession
Ref: 2/19647/MS/RM