10 Old Market Street, Thetford, Norfolk (Archive)

A grade II listed property which has been slit into 4 seperate apartments with off road parking.

Guide Price: £220,000 - £230,000

Description:

A fantastic investment opportunity to acquire a charming grade II listed property which has been split into four seperate apartments. Two of the apartments have two bedrooms and the remaining two, one bedroom. Each apartment has its own quirky charm and character and need to be seen to appreciate what they offer. On the ground floor left hand side (known as flat 2) you have a two bedroom apartment with parking and a garden, full of character to include sash windows, wall and ceiling beams, wood paneling in the master bedroom and fireplaces. This apartment is currently rented on a six month AST dated 12/11/18 for a reduced rent of £475 pcm. Flat 1 also on the ground floor is currently empty and is a one bedroom apartment also with character to include ceiling beam, fireplace and celler. Both these apartments have their own entry to the front of the building. To the rear of the property is access to the upper floor apartments, again one being a two bedroom apartment, again quirky with lots of character to include sash windows, wall and ceiling beams and access to a loft space with could be converted subject to planning consents as it already has a dormer window. This apartment is also let on an AST for a reduced rent of £430 pcm dated 10.5.14. The one bedroom apartment also has wall and ceiling timbers, fireplaces, sash windows but would also benefit from some further updating. To the rear of the building there is parking for approximately four cars. This property could provide a yearly income of approximately £25,000 per annum. Located within walking distance of the town centre where you will find comprehensive shopping, banks, cafes, business and leisure facilities.

Ground Floor: (Flat 2) Entrance hall, living room, bathroom, two bedrooms and kitchen with doors leading to an enclosed garden. Ground Floor: (Flat 1) Entrance hall, bathroom, bedroom, kitchen and living room. First Floor: (Flat 4) Communal entrance, entrance hall, bathroom, living room, two bedrooms and kitchen. First Floor: (Flat 3) Communal entrance, entrance hall, living room, kitchen, bathroom and bedroom. Exterior: Rear area shingled which provides approximately four parking spaces.

Tenure

Freehold

EPC Rating

Exempt

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers, William H Brown’s East Anglian Auction Centre, and vendors solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30am. Prospective purchasers are advised to check with the auctioneers, East Anglian Auction Centre, before the sale that the property is neither sold or withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes and Important Notice printed within the sale catalogue.

Health & Safety Advice for Property Viewers

Whilst William H Brown make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of the properties in our auction and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

Guides and Reserve Prices

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 usual, 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 any time 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.

Note

Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits. The sale of each lot is subject to a contract documentation charge of £1150 (including VAT) payable on the fall of the hammer. If you are unable to attend the auction for any reason you can still bid on the property either by telephone or proxy bid, please contact the auctioneers for further information. Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective. East Anglian Auction Centre are contactable at 5 Bank Plain, Norwich, Norfolk, NR2 4SF, Telephone: 01603 598975 Visit our Website at www.williamhbrownauctions-norwich.co.uk - Legal Packs available.