Development Opportunity
11 Newport Road, South Walsham , NR13 6DS
- 8
Guide Price: *
£225,000
Fees apply
Reservation fee:£6,000
Admin fee:£3,600
All fees include VAT at 20%
Auction Type:
Conditional
Opening bid:
£175,000Bid history
0 bidsGuide Price: £175,000-£225,000
A fantastic and rare opportunity to acquire this large metal unit, previously used for agricultural purposes, situated on the border of South Walsham Village offering an amazing development opportunity.
The picturesque Broadland village of South Walsham is situated approx. 9 miles from Norwich, has its own village green and a Broad that is located about a mile from the village with its abundance of wildlife, as well as being only a short drive from the village of Acle, with all its supplementary amenities including a Doctors Surgery, Dentist, Pharmacist, Takeaways, Hardware store, etc. With Schooling including Fairhaven Primary as well as nearby Acle
Primary School and Academy.
This building boasts a good size with a vast open plan layout inside and offers a lot of scope for further development. The property itself is accessed via a good sizes driveway off Newport Road, with part of the access being shared with the neighbouring property.
Given its rural location, this property boasts magnificent field views to the front and rear, and subject to the relevant consent being in place would make a wonderful development opportunity; with a planning consultant having previously viewed the unit and believes it would be a good option for conversion. However, buyers are of course advised to do their own research in regard to planning and usages.
Please note the vendor has advised us there is currently an overage on the property which is due to end in 2023.
For more information, please visit our website or contact our auctioneer. Viewings are strictly by appointment only.
Please note there are flexible buying terms and an immediate exchange and completion could be available please speak to the auctioneer.
The vendor reserves the right to withdraw from the sale at any point without penalty before exchange, with the buyer receiving a full refund of the reservation fee.
The Buyer and Seller agree that Clause R5.5 and R5.6 of the Reservation Contract shall be removed and shall not apply in relation to this Property.
Summary
- Auction end
- 11th Oct at 13:45
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
Summary
- Auction end
- 11th Oct at 13:45
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
This property is being sold by:

Country Property Auctions
0333 242 0834
8 Thorpe Road, Norwich NR1 1RY
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.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.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Country Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Country Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.