Lot 23 - Linden Lee House, Dunollie and The Lawns, Coltishall Road, Buxton, Norwich, Norfolk, NR10 5HB

  • Unconditional Online Auction Sale
  • Guide Price* : £1,000,000 plus*†

THE SALE OF THIS LOT HAS BEEN POSTPONED

Description

Once in a lifetime opportunity to own three stunning residences set in around 1.5 acres (subject to measured survey), all of which are currently let on Assured Shorthold Tenancies producing a combined income of £3,150 per calendar month (£37,800 gross per annum). All three dwellings have been finished to a high standard and are in excellent order throughout. When the existing owner purchased the property approximately 10 years ago, the original dwelling was a run-down single period residence which has since been converted into a pair of stylish three bedroom houses. The left hand property is known as Linden Lee House has had a two storey extension added to create a stylish and spacious family home. The attached property, known as Dunollie, also provides stylish comfortable living, again having three bedrooms. Both of these properties are attached to a further dwelling which is in separate private ownership. An outbuilding has been converted into another stylish single storey residence known as The Lawns, which is let to a person with special needs with live-in carers providing round the clock care. These three properties sit in grounds of approximately 0.75 acre (subject to measured survey).

All three properties are approached via a sweeping driveway, with grounds either side. This portion of land is also included and extends to approximately 0.75 acre (subject to measured survey). Please note that this land could be developed, subject to the necessary consents being obtained. An existing overage which was imposed on the site approximately 10 years ago is in the process of being removed.

Linden Lee House - Currently let at £1,100 per calendar month. Comprises entrance hall, cloakroom, sitting room, kitchen diner, landing, three bedrooms (one with en-suite facilities), family bathroom, gardens and garage.

Dunollie - Currently let at £1,000 per calendar month. Comprises entrance hall, cloakroom, sitting room, kitchen diner, utility, landing, inner landing, three bedrooms (one with en-suite facilities), family bathroom, gardens and garage.

The Lawns - Currently let at £1,050 per calendar month. Comprises entrance hall, study, sitting room, kitchen, utility, three bedrooms (one with en-suite facilities), family bathroom, gardens and garage.

Location

The properties are situated within this popular village location on the River Bure and within easy reach of the historic market town of Aylsham in the County of Norfolk.

Directions

Head away from Norwich on the North Walsham Road and proceed into Horstead. At the roundabout turn left onto Buxton Road, passing the Recruiting Sergeant public house and restaurant on your right hand side. Continue towards Buxton and proceed for approximately 2.75 miles and on entering the fringes of the village the opening to all three properties will be found on your left hand side, just before Back Lane.

Energy Rating

C & D

Notes

Buyer Fees - Please note that the successful bidder will be required to pay an Administration Charge of £900 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.

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.

Following 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 on line. 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 – Granta Hall, 6, Finkin Street, Grantham, Lincolnshire, NG31 6QZ.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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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