Land and Property Auction Brochure

Page 1

Land and Property Auction Thursday 16 November 2017 At 12.00pm Diss Auction Rooms Roydon Road Diss IP22 4LN

10 Market Hill, Diss Norfolk IP22 4WJ t. 01379 641 341

33 Market Street, Wymondham Norfolk NR18 0AJ t. 01953 423 188

prop@twgaze.co.uk

www.twgaze.co.uk


Printed and online catalogue

Administration charge

This catalogue contains details about properties being sold at auction. Those details are subject to change up to and including the day of the auction. Please check our website regularly at www.twgaze.co.uk and look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.

An administration charge of £250 + VAT per lot will be payable by the purchasers to the agents upon exchange of contracts. A VAT receipt will be issued the day following the auction. These arrangements will include pre-auction and post-auction purchases.

Registration Buyers will be required to register before bidding. Photographic identification will be required (e.g. passport or modern driving licence) plus a current utility bill (within the last six months). In addition to this we will undertake an electronic verification search on all successful bidders. If the buyer’s details are different from the successful bidder’s then proof of identity for both the buyer and the bidder will be required.

Sales particulars Any plans, photographs, areas or schedules within the catalogue, whilst prepared as carefully as possible are for guidance only, are not necessarily to scale, and do not form part of any contract. Although they are believed to be correct, their accuracy cannot be guaranteed. Neither the vendors nor the agents nor any person in their employ, give, or are entitled to give any representation or warranty in relation to the properties or any part thereof.

Wayleaves, easements and rights of way The land is sold subject to and with the benefit of all existing rights, including rights of way, whether public or private, light, support, drainage, electricity supply and other rights, easements, quasi-easements and all wayleaves whether referred to or not in these particulars. Timber, sporting and minerals all are included within the sale of the freehold.

Guide price An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is unusual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at anytime up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve price The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Liability of the bidder The successful bidder will have entered a legally binding contract upon the fall of the auctioneer’s hammer. Before bidding at auction it is advisable to obtain the legal documents and consult a solicitor.

Deposit Each purchaser will be required to pay a deposit of 10% of the hammer price, subject to a minimum deposit of £2,000. This deposit will only be accepted by Banker’s Draft, Building Society cheque or a personal cheque. Cash or card payments will not be accepted.

Insurance The successful purchaser of each lot will be responsible for insuring the property from the fall of the hammer.

Bidding Each property will be offered individually by the auctioneer. It is the responsibility of the prospective purchaser to ensure that their bid is clearly seen. The auctioneer will end each sale by offering the property three times at the highest bid and upon the fall of the hammer no further bids will be accepted. The vendor reserves the right for TW Gaze to bid on their behalf up to the reserve.

Sales prior to auction The vendor reserves the right to accept an offer on a property made prior to auction. If you are intending to bid at auction for a specific lot we recommend that you speak to the agents’ office to ensure that the property is still available. Neither TW Gaze nor its client will be responsible for any losses or abortive costs incurred by prospective purchasers in respect of lots which are either withdrawn or sold prior to auction.

Legal documents All legal documents are available for inspection at the appropriate solicitors’ offices and the agents’ offices. Legal packs are also available online at twgaze.co.uk. If purchasers require a pack to be sent out there will be a charge of £20 per pack to cover postage and printing, or alternatively they can be sent free of charge by email.

VAT Should any sale of the property, or any rights attached to it, become a chargeable supply for the purposes of VAT, such tax will be payable by the purchaser(s) in addition to the contract price.

Attending the auction It is advised that all interested parties or their appointed agents should attend the auction in order to bid. If this is not possible then you may bid by telephone or by authorising the auctioneer to bid on your behalf but in either case this must be done by prior arrangement and written instructions received. Proxy bidding forms are available upon request.

Viewings For blocks of land, viewing is during daylight hours with details in hand unless stated otherwise under the lot. For all other property, viewing is strictly by appointment with TW Gaze - telephone Diss 01379 641 341 or Wymondham 01953 423 188. All viewings are undertaken at the viewer’s own risk. Special care should be taken when viewing properties such as barns for conversion and those in need of renovation.

Services The services/appliances/central heating and heating system/plumbing and electrical installations have not been tested by the selling agents and the purchaser(s) must satisfy themselves as to the condition and warranty of these items.

TWG (1857) Ltd trading as TW Gaze. Registered in England and Wales. Registration Number 08965732. A list of Directors is available for inspection at the Registered Office: 10 Market Hill, Diss, Norfolk IP22 4WJ. Regulated by RICS.


The Auction Team

An Introduction to TW Gaze TW Gaze was established more than 150 years ago and is renowned for delivering consistent professional advice as well as unrivalled knowledge and experience in all aspects of its business. An independent and dynamic firm, it holds dear to the traditional values upon which it was established, but is also at the forefront of new technology to ensure the best is always delivered. Whether you are an existing client or new to TW Gaze, you can be assured of quality, bespoke advice from people with expertise in their field. The areas this fine old firm cover include residential, rural matters, licensed trade, and last, but by no means least, a thriving auction room,

which offer sales of over 2,000 lots every Friday and 22 specialist Saturday sales throughout the year. TW Gaze is a firm which has grown from its rural roots to a multidiscipline business, with excellence as its benchmark and offering The Complete Service.

The Auction Team Land and property auctions have been an important part of TW Gaze’s business since it was founded in 1857. For many years selling by auction was considered almost the only way to sell, but has now become a more specialised, niche market. As economic conditions have become more challenging, vendors need as much as possible in their favour to ensure they achieve a successful sale. The auction process is often the best way of achieving this, as it is both transparent and cost effective, and may well be the best way to achieve the optimum result for your property. The lots offered are varied, including renovation projects, building plots, barns for conversion, agricultural land and amenity land. This diversity attracts a broad range of buyers to the auctions including builders, developers, private buyers and farmers.

10 Market Hill, Diss Norfolk IP22 4WJ t. 01379 641 341

TW Gaze acts for a wide range of clients, including law firms, banks, executors, companies and private individuals, selling residential and rural properties. Recognised as leading specialists in auctions, they are determined to achieve the best results for their clients. The dedicated auction rooms in Diss town centre provide the only forum of its kind along the Norfolk/Suffolk border. The property auctions are held at least three times a year and TW Gaze is constantly searching for interesting residential and rural properties for inclusion in their sales. Rowena Youngson or Mike Sarson will be pleased to provide a valuation and advice on the suitability of your property for auction. Smaller land parcels of less than 50 acres are ever popular in our land and property auctions and if you have anything suitable please contact Jenna Goodall Browne or Scott Parke who will advise you accordingly.

Michael Sarson MRICS Director

Edward Baskerville MRICS Director

Rachael Hipperson MRICS Director

Jenna Goodall Browne MRICS Associate

Rowena Youngson MNAEA Senior Valuer

Scott Parke FAAV Valuer

33 Market Street, Wymondham Norfolk NR18 0AJ t. 01953 423 188

twgaze.co.uk


Lot 1

Land off Athelington Road, Horham, Eye, Suffolk IP21 5EG

Guide Price £15,000 - £25,000 0.33ha (0.80ac) Grassland and outbuilding

The Land: A delightful parcel of grassland located in the quiet Suffolk countryside. A fantastic opportunity to own your own ‘piece of England’ and ‘get away from it all’ in a tranquil spot with wildlife in abundance. The land offers a multitude of opportunities subject to any necessary planning consents and your own imagination. Ideal for haymaking, pony paddock or those looking for ‘The Good Life’. The grassland extends to 0.33ha (0.80ac) (edged in red on the plan) and has a mature hedge boundary to the south, east and part of the western boundary. The land has road frontage along the east and south sides and access is through a wooden gate on the eastern boundary. There is a wooden framed outbuilding, with a mixture of corrugated tin and fibre cement roof sheets. The building has both water and electricity connected to the site. Directions: From Eye, follow the B1117 eastwards for 5.2 miles. Entering Horham, pass St Mary’s Church on the left hand side and leave the B1117, continuing straight on to Worlingworth road. Travel for 0.5 miles and the land can then be found on the right hand side advertised by a TW Gaze For Sale board. Freehold

Agent’s Contact: Wymondham Office Tel: 01953 423 188

Ref: 17231/SP

Solicitor: Ms A Daley Steeles Law, St Nicholas House, 3 St Nicholas Street, Diss, Norfolk IP22 4LB Tel: 01379 652 141


Lot 2

Land off Athelington Road, Horham, Eye, Suffolk IP21 5EG

Guide Price £5,000 - £10,000 0.06ha (0.15ac) Grassland and outbuilding

The Land: A small parcel of amenity grassland in the quiet village of Horham, Suffolk. Perfect for those looking to own their own ‘piece of England’. The grassland extends to 0.06ha (0.15ac) and is surrounded on all sides by a hedge or fenced boundary. The mature hedge on the roadside gives the land an air of seclusion. The land has road frontage to Athelington Road. Access is through a metal gate on the southwest corner of the field. There is a wooden framed outbuilding, with corrugated tin cladding and roof sheet. There is no water currently connected. Directions: From Eye, follow the B1117 eastwards for 5.2 miles. Entering Horham, pass St Mary’s Church on the left hand side and leave the B1117, continuing straight on to Worlingworth road. Travel for 0.5 miles and turn right on to Athelington Road. Travel for a further 0.4 miles and the land can then be found on the left hand side advertised by a TW Gaze For Sale board. Freehold

Agent’s Contact: Wymondham Office Tel: 01953 423 188

Ref: 17231/SP

Solicitor: Ms A Daley Steeles Law, St Nicholas House, 3 St Nicholas Street, Diss, Norfolk IP22 4LB Tel: 01379 652 141


Lot 3

Guide Price £170,000 - £190,000

2 Manor Gardens, Diss, Norfolk IP22 4EJ

Detached 2 bed bungalow in tucked away location Generous plot Needs full renovation

Location: This bungalow is tucked away in the centre of town with just a short walk to the shops and other facilities that this bustling market town has to offer including a modern health centre and very good transport links by both road and rail. Manor Gardens was for many years a forgotten part of Diss but in recent times this area has seen much improvement with a number of the neighbouring bungalows having been updated and enlarged creating a very select location. Diss is a vibrant town on the borders of Norfolk and Suffolk and central to the larger towns and cities of the area such as Norwich, Ipswich, Cambridge and Bury St Edmunds. The Property: This is a property which will need considerable work and is not for the faint hearted but offers great potential for a new owner to develop, remodel, or possibly knock down and start again. A number of the neighbouring properties have already been remodelled and enlarged showing what can be done. Outside: The bungalow sits well in its plot which extends to 0.11ac with garden to front and rear. To the side is a prefab garage and a timber garden store. The garden is sheltered and has a mature tree in one corner. Services: Mains water, electricity, gas and drainage are connected to the property. Night storage heaters. Directions: From the Agent's office proceed up the hill, turn right into Shelfanger Road. Take the first turning on the right into Shelfanger Court which leads into Manor Gardens. The property will be found on the left hand side with a For Sale board erected. Freehold

Agent’s Contact: Diss Office Tel: 01379 641 341

Ref: 17243/MS

Solicitor: Ms A Beales Steeles Law, St Nicholas House, 3 St Nicholas Street, Diss, Norfolk IP22 4LB Tel: 01379 652 141


Lot 4

Amenity Land, Ling Road, Palgrave, Suffolk (Diss, Norfolk) IP22 1SX

Guide Price £20,000 - £30,000 0.523ha (1.29ac) Grassland with river frontage

The Land: Set just outside the town near to Fair Green and having river frontage onto the Waveney, this plot of land combines a peaceful position with ease of access. The site has the benefit of a metered mains water connection making it ideal perhaps as an occasional caravan site, horticultural use or pony paddock. Access is good with a wide sweep in off the road. Overall the site extends to 0.523ha (1.29ac). Directions: From the agent’s office, proceed down Denmark Street to the mini-roundabout beside the Park Hotel. Bear right and then immediately left heading across Fair Green. Just over the bridge turn right and the plot of land is just a little way along on the right. Freehold

Agent’s Contact: Diss Office Tel: 01379 641 341

Ref: 17234/MS

Solicitor: Mr R Jackson Gudgeons Prentice Solicitors, 2 Market Place, Buttermarket, Stowmarket, Suffolk IP14 1ED Tel: 01449 613 101


Lot 5

Pyrlestone House, Lower Street, Billingford, Diss, Norfolk IP21 4HL

Guide Price £140,000 - £180,000 A period cottage in need of improvement. Generous gardens Hallway, sitting room, dining room, study, kitchen/breakfast room, conservatory, 2 bedrooms and bathroom

Location: Billingford is a small hamlet on the outskirts of the village of Scole and consists of Upper and Lower Billingford. They are divided by the A143 and Lower Billingford comprises the public house, a disused windmill and a handful of cottages, one of which is Pyrlestone House. The nearby thriving market town of Diss lies some 3 miles to the west and offers a wide range of business, retail and sporting facilities including an 18 hole golf course. There is also a mainline railway station on the Norwich to London Liverpool Street line, a journey taking around 90 minutes. The cathedral city of Norwich lies some 25 miles to the north and the Victorian town of Harleston some 8 miles or so the east. The Property: Pyrlestone House is a period property which was refurbished and extended in the 1980s and is now in need of updating. The extensions incorporate a large kitchen, study and conservatory yet the property retains much of its original character and Norfolk flint elevations. Later improvements include upvc windows and doors and solar roof panels. Outside: The Property is accessed from the road via a concrete driveway with an area of garden to the left. There is ample space to create a turning area and erect garaging. The garden continues around the rear and right side of the property and is bordered with mature trees and hedges. Overall, the plot amounts to 0.086ha (0.21ac). Agent's Note: The driveway currently has no turning area for vehicles. Please park safely nearby and walk to the property when attending scheduled open house viewings. Services: Mains water, gas and electricity are connected to the property. Private drainage. Gas fired boiler providing central heating and hot water. Solar roof panels are fitted to the roof but not operating. Directions: Leave Diss and head east along Victoria Road connecting with the A140. Head east on the A143 towards Great Yarmouth. Proceed for around one mile and into Lower Billingford where the property will be found on the right hand side, immediately after The Horseshoes public house and the right hand turn into Low Road. Freehold

Agent’s Contact: Diss Office Tel: 01379 641 341

Ref: 17268/REY

Solicitor: Mr N Lightbown Spire Solicitors, 2 Victoria Road, Diss, Norfolk IP22 4EY Tel: 01379 641 221


Viewing Arrangements from Wednesday 18 October to Wednesday 15 November

LOT 1

0.80ac of Land at Horham

During daylight hours with particulars in hand

LOT 2

0.15ac of Land at Horham

During daylight hours with particulars in hand

LOT 3

2 Manor Gardens, Diss

10.00am - 11.00am Wednesdays & Saturdays

LOT 4

1.29ac of Land at Palgrave

During daylight hours with particulars in hand

LOT 5

Pyrlestone House, Billingford

11.30am - 12.30pm Wednesdays & Saturdays

10 Market Hill, Diss Norfolk IP22 4WJ t. 01379 641 341

33 Market Street, Wymondham Norfolk NR18 0AJ t. 01953 423 188

twgaze.co.uk



Valuation services available at our Wymondham and Diss offices and at events throughout the East Anglian region.

The Auction Rooms are located in the Market Town of Diss. At the heart of East Anglia it is equidistant from Norwich, Bury St Edmunds and Ipswich. Diss is easily accessible by road and train, with more information on www.twgaze.co.uk


TW Gaze 10 Market Hill Diss, Norfolk IP22 4WJ

TW Gaze 33 Market Street Wymondham, Norfolk NR18 0AJ

Diss Auction Rooms Roydon Road Diss, Norfolk IP22 4LN

01379 641 341

01953 423 188

01379 650 306

twgaze.co.uk


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