34 High Street, Norwich, NR118LH

This auction has ended!
Bid Count:
11
   
Final Bid:
£152,600.00
  • Overview
  • Particulars
  • Agent Details
  • Fees & Charges Explained

Property Overview

Orginally one of the village shops, this semi-detached house is believed to date back to 1898 and offers deceptively spacious accommodation throughout with an enviable location in the heart of the village within walking distance of the High Street and all it's amenities. The property would benefit from updating throughout and offers huge potential for those looking for a holiday home by the sea with it's great location and spacious layout comprising entrance hall with stairs to first floor, 17ft living room, kitchen with bay window, utility room, two large bedrooms on the first floor plus a spacious family bathroom and two further bedrooms on the second floor with views over the village rooftops. There is a small courtyard garden to the rear and although there is not allocated parking with the property, there is plenty of on road parking nearby.
The property further benefits from gas central heating to radiators and is offered with the benefit of no upward chain.

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. 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 4.2% to a minimum 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

The accommodation comprises:- Half Glazed Entrance Door into:- Entrance Hall Stairs to first floor. Kitchen 13' 6" x 11' 8" (4.11m x 3.56m) (Front Aspect Bay Window) Fitted with a range of white base and drawer units under a roll top work surface with splash back tiling and matching wall cupboards. Inset one and a half bowl sink and drainer with mixer tap, inset 4 ring ceramic hob with extractor hood over, wall mounted Valliant Boiler and exposed floorboards. Door to staircase leading down to a cellar/basement with window to side and power and light connected. Living Room 17' 10" x 12' (5.44m x 3.66m) (Side Aspect Windows) Exposed brick open fire surround with tiled hearth and niche shelving, 2 x radiators, telephone point, tv aerial point and laminate flooring. Half glazed door leading to the rear courtyard garden. Utility Room 12' 11" x 4' 9" (3.94m x 1.45m) (Side Aspect Windows) Fitted with a worksurface to one wall with overhead cupboards and space and plumbing for an automatic washing machine beneath. Laminate flooring and a radiator. First Floor Landing Carpet, built in cupboard with shelving, radiator and stairs to second floor. Bedroom 1 13' 8" x 11' 10" (4.17m x 3.61m) (Front Aspect Sash Window) Exposed floorboards and picture rail, original cast iron fireplace and a radiator. Bedroom 2 11' 10" x 10' 4" (3.61m x 3.15m) (Side Aspect uPVC Window) Exposed floorboards and a radiator. Bathroom (Side Aspect uPVC Window plus further single glazed Window) Fitted with a three piece suite comprising side and end panel bath, low level wc and pedestal wash hand basin. Vinyl flooring and a radiator. Second Floor Landing Doors to bedrooms 4 & 5 Bedroom 3 13' 7" x 8' 11" (4.14m x 2.72m) (Front Aspect Sash Window) Exposed floorboards, part sloping ceilings, built in storage cupboard and a radiator. Bedroom 4 18' 10" x 11' 7" (5.74m x 3.53m) Currently separated into two rooms with Side and Rear Aspect Windows, carpet, part sloping ceilings, two radiators and useful eaves storage cupboard. Outside To the side of the property is gated access leading to the main entrance enclosed by a brick and flint wall. There is a small enclosed courtyard garden which can only be accessed from the Living Room. There is no allocated parking with this property although there is on road parking opposite the property as well as local car parks nearby.

Watsons

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

Fees & Charges Explained

34 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.