10 Lime Tree Road, Norwich, Norfolk, NR2 2NQ
- Unconditional Online Auction Sale
- Guide Price* : £950,000 plus fees
- Bedrooms: 5
Description
This outstanding and unusual Grade II Listed detached house situated in a Conservation Area comes to the market for the first time, having been let by the Trustees of the Norwich Freemen's Charity for well over 150 years.
It represents an excellent opportunity to acquire a first class residence in need of renovation throughout and is constructed of brick with a pitched main roof with a number of elevations and occupies a super plot of land.
The accommodation is well arranged on three floors and features an entrance hall with access to three main reception rooms, including dining room, drawing room and family room, with access through to ancillary rooms, breakfast room, and laundry room with access to the rear garden. There is also a cloakroom with access to the cellar. The first and second floor bedrooms work well; the second floor has more recently been arranged as a bedsit and would need to be incorporated into the main house, but buyers will have the option to decide what they wish to do and to a certain extent the property is a blank canvas and will appeal to so many different people with different ideas.
Outside, the grounds are a major feature of the property, being approached from the road via a sweeping drive leading up to the front and side of the property and garage. There is a great deal of privacy and the house is well clothed with trees and shrubs. The gardens are mainly laid to lawn with flower borders and there is scope to landscape the rear garden in a number of ways. The whole will be of treat interest to a wide variety of buyers looking to acquire a special house in a special location.
Location
The house is located in Lime Tree Road, being one of the prime residential areas of Norwich, with easy access to the centre of the city and being strategically placed between Ipswich Road and Newmarket Road. There are local shopping and transport facilities within walking distance in Unthank Road and the inner ring road is close by, linking the property with other parts of the city and beyond.
Public and private schools are within easy reach and the University of East Anglia is within striking distance, as well as the A11 trunk road and Norwich southern bypass. Otherwise, the East Anglian Tennis and Squash Club is opposite and there are all sorts of other amenities within easy reach as well.
Directions
Proceed out of Norwich on Newmarket Road and turn left into Lime Tree Road and the property will be found on the left hand side.
Services: Mains water, electricity, gas and drainage.
Notes
Buyer Fees: Please note that the successful bidder will be required to pay an Administration Charge of £1,170 inclusive of VAT. This fee is due and payable from the winning bidder immediately after the timed auction ends. The successful bidder will additionally pay over to the auctioneer a deposit of 10% of the purchase price, subject to a minimum of £5,000, after the timed auction ends. All payments to be made by debit card payment or electronic bank transfer to the Brown&Co Client Account, the details of which will be provided by the auctioneer to the successful bidder shortly after the auction ends. Other fees may be payable on completion and will be detailed within the Special Conditions of Sale to be found within the published Auction Pack.
Ability to Buy: This property is being sold under Unconditional Auction Rules creating a legally binding contract at the conclusion of the timed auction. DO NOT bid unless you can complete the sale within 28 days, or on the terms specified within the Special Conditions of Sale.
If you REQUIRE A MORTGAGE for this purchase, we strongly recommend that you receive your mortgage offer before you bid. An Agreement in Principle (AIP) is not enough due to the fact that if you are the successful bidder and wait to secure funding after the auction and if your lender will not lend on the property (for whatever reason) and you fail to complete, you will lose your deposit and any associated costs.
Help and Assistance: If you have any questions or require any clarification as to the online auction process please contact the auctioneer prior to commencement of the bidding window as we will be unable to enter into any discussions once the auction has started.
Bidding Process: Prior to bidding the bidder will complete a Passport-to-Bid process, which requires registration, verification and agreement to Buyers Terms.
How To Follow the Auction: Use 'Watch' button to follow the auction. If you register to Watch an auction you will receive email notifications of any bidding activity on the specific lot.
How It Works: Unconditional Timed Auction Online: This is a binding method of sale similar to a traditional public property auction. The only difference is the bidding takes place online. The successful purchaser will be required to pay a 10% deposit (subject to a minimum payment of £5,000) on the fall of the virtual gavel and contracts will be exchanged. Bidding for properties online works in a similar fashion to eBay. You can place bids using your PC, tablet or mobile phone and the minimum amount you can bid is defined by the 'bid increment' level. When you place a bid, the property listing page will show you if your bid was successful and whether or not you are the highest bidder. When you are the highest bidder on a property, if another bidder outbids you the system will notify you by email so that you can place another bid if you wish. The major difference from eBay is that our system eradicates sudden death 'bid sniping' through the use of auction 'extension times'. If you have any questions or require any clarification please contact the auctioneer.
Agents Notes: (1) All measurements are approximate and quoted for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied upon. (2) Any fixtures, fittings and appliances referred within these published details have not been tested and therefore no guarantee can be given that they are in working order. (3) Internal photographs are reproduced for general information and it is not inferred that any item shown within any picture is included with the property. (4) Photographs shown within these details may have been taken with a camera using a wide-angle lens. (5) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (6) In accordance with UK Anti Money Laundering Regulations Intending buyers will be asked to produce original Identity Documentation, Proof of Address and be subjected to an electronic ID verification check before a purchase conveyance is instructed. (7) Brown&Co comply with the General Data Protection Regulation (EU) 2016/679 (“GDPR”) please visit our website www.brown-co.com for our Privacy Statement, Subject Access Requests can be submitted to dataprotectionmanager@brown-co.com . (8) Brown&Co are regulated under the RICS code of conduct. (9) Brown&Co are a member of The Property Redress Scheme, Membership Number: PRS012758 https://www.theprs.co.uk/ (10) Brown&Co is a member of RICS Client Money Protection Scheme, RICS Firm Reference: 016189 (11) Brown&Co-Property And Business Consultants LLP trading as Brown&Co Registered Company Number OC302092. (11) Registered Office Address – The Atrium, St George's Street, Norwich, Norfolk, NR3 1AB
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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