High Street, Norwich, NR118LH

This auction has ended!
Bid Count:
7
   
Final Bid:
£172,000.00
  • Overview
  • Particulars
  • Agent Details
  • Fees & Charges Explained

Property Overview

Situated in the heart of the coastal village of Mundesley within easy walking distance of the High Street and all it's amenities, this spacious 3 bedroom maisonette offers well laid out accommodation throughout over two floors comprising ground floor entrance hall with stairs to first floor, 23ft lounge/dining Room, spacious kitchen/breakfast room, bedroom/optional study, bathroom, stairs leading to second floor landing leading to two further bedrooms (one with fitted bedroom furniture). The property benefits with newly fitted carpet and vinyl throughout, gas central heating to radiators and uPVC sealed unit double glazing. Ideal for either a Buy to Let or Holiday Investment, in our opinion, early viewing is highly recommended to appreciate both the spacious layout and great location this delightful maisonette has to offer.

Mundesley is a coastal village with fine sandy beaches, a golf course, public houses, schools, good range of shopping facilities and a doctors surgery in the centre. There are regular bus services to the coastal town of Cromer and the market town of North Walsham, both approx. 6.5 miles away, where rail links to Norwich are available.

The nearby bustling medieval market town of North Walsham sits midway between the North Norfolk Coast, the Norfolk Broads and Norwich. North Walsham boasts a popular weekly market along with a monthly farmers market in the Market Place. The Market Cross presides over the Market Place having been built to collect the rent for the market stalls in bygone days. A popular family residential area, encouraged through an abundance of local shops with a good range of supermarkets such as Waitrose, Sainsburys and Lidl, North Walsham has good educational facilities for all ages including sixth form Paston College, once the school of Lord Nelson, along with doctors, dentists, opticians and a library.

The town is served by North Walsham railway station on the Bittern Line between Norwich, Cromer and Sheringham. Situated approximately 16 miles from Norwich on the B1150, the town has easy access to Cromer (approximately 9 miles) and Mundesley (approximately 5 miles). The Cathedral City of Norwich boasts an excellent range of shopping facilities along with mainline rail links to London and an International Airport.

Starting Bid and Reserve Price

*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 powered by IAM Sold.

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 to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. 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.Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000.00 including VAT. 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. Reservation Fee is in addition to the final negotiated selling price.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Ground Floor Entrance Lobby (Side Aspect) Newly fitted vinyl flooring, wall mounted fuse board and newly carpeted stairs leading to the first floor. First Floor Landing Newly fitted carpet, radiator, wall mounted central heating controls, stairs to the second floor. Lounge/Dining Room 23' 6" x 16' 7" (7.16m x 5.05m) (Dual Front Aspect) Re-fitted carpet, coved ceiling, telephone point, tv aerial point and exposed brick feature fire surround housing gas fire. Kitchen/Breakfast Room 13' 6" x 11' 11" (4.11m x 3.63m) (Front Aspect) The kitchen is fitted with a range of light oak base and drawer units under a roll top worksurface with splash back tiling and matching wall cupboards including two corner display units and a glass display cabinet. Inset sink and drainer with mixer tap, space and plumbing for automatic washing machine, space for slide in cooker and space for under counter fridge. Newly fitted vinyl flooring. Bedroom 3/Study 11' 6" x 9' 6" (3.51m x 2.9m) (Rear Aspect) Re-fitted carpet, radiator, wall mounted Ferroli Boiler and range of built in cupboards to one wall. Bathroom (Rear Aspect) The bathroom is fitted with a 3 piece suite comprising side and end panel bath with shower over, low level wc and pedestal wash hand basin. Newly fitted Vinyl flooring. Second Floor Landing (Rear Aspect) Newly fitted carpet and doors to all rooms. Bedroom 1 18' 4" x 13' 4" (5.59m x 4.06m) (Front Aspect) Re-fitted carpet, roof void access, useful eaves storage cupboard, range of fitted wardrobes and matching drawer units and a radiator. Limited head room with sloping roof. Bedroom 3 16' 3" x 11' 7" (4.95m x 3.53m) (Front Aspect) Re-fitted carpet, roof void access and window seat with storage area. Limited head room with sloping roof. Outside There is a small lobby area to the rear of the building where entrance to the Maisonnette can be accessed, plus a further door leading to the rear of the ground floor shop. On street parking is available nearby. There is also a small concreted area to the side which could accommodate a car, but pedestrian access must still be provided to the Tenants in the ground floor shop.

Watsons

Local Branch: 42 Market Place, North Walsham, NR28 9BT
Head Office: 1 Bank Plain, Norwich, NR2 4SF

Fees & Charges Explained

High Street, Norwich, NR118LH

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £200.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 020 3859 2499.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.