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Residential development – Magdalen Street, Eye

Guide price £136,000

Property Details

Location

Eye is a small Suffolk market town steeped in history with numerous character and period properties dotted through the pretty lanes. A prominent feature of Eye is the castle mound, priory and fine church located on the Hoxne Road. There is good range of day to day facilities, with local shops and businesses, leisure and schooling facilities,  further education (sixth form) and a health centre. Eye benefits from good access to Norwich and Ipswich via the A140, both of which are around 25 miles away, and are great for those requiring access into London. A mainline rail station can be found at Diss, just 6 miles away, with intercity journeys of around 90 minutes. 

The scheme

Conversion of existing building into a ground floor apartment, with external alterations and an external staircase and balcony to serve the first floor apartment; conversion of and extension to existing single storey building into a further 2 bedroom dwelling, plus demolition of the remaining garage building in order to create parking area. Mid Suffolk planning ref: 

Approx. unit sizes when converted

Plot 1 - 2 Bed Ground Floor Apartment - 66.8 m2 (719 ft2)

Plot 2 - 2 Bed First Floor Apartment - 66.8 m2 (719 ft2)

Plot 3 - 2 Bed Single Storey End of terrace unit - 57.9 m2 (623 ft2)

Agent note: CIL (Community Infrastructure Levy) applies.

Services

Mains water and electricity connections are on site

How to get there

What3words: ///changed.dodges.commander

Solicitor

Sam Bhachu. Eversheds Sutherland. 115 Colmore Row, Birmingham, B3 3AL

How the auction works

Please see our Auction Buyers Guide brochure and our T&Cs on our website.

https://www.twgaze.co.uk/residential-sales/property-search/view/2272/

Administration fee

An administration charge of £750+ VAT (£900) 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. This fee is due immediately after the auction ends.

Viewing

By appointment with TW Gaze

Agent note - We understand that there is a deep pit to the rear of the main building which is concealed by brambles and foliage.

Method of Sale

Timed online auction closes on 16th October 2024 at 13.30pm

Tenure: Freehold with vacant possession

Ref: 2/19647/MS/RM

 

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