Wilde Street, Beck Row, Bury St Edmunds, Suffolk, IP28 8BL
Auction Guide Price £425,000
Land
Key Information
Tenure:Freehold
Council tax band:Not available
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEThree
Key Features
Live Auction 27th October At 11:00am
8 Dwellings (2 Affordable)
6 Open Market Dwellings
DC/19/1597/RM
Village Location
Site Is Around 1.34Acres (STS)
Description
Live Auction on Friday 27th October at 11:00am register your interest now. Planning passed for 8 units in the sought after village of Beck Row near Bury St Edmunds, Suffolk. Further details can be found on West Suffolk's Planning Portal using ref: DC/19/1597/RMSITE The development is on the outskirts of Beck Row and the ground in relatively flat with all contamination reports recently being completed by the sellers. The development is easy to accessible from Wilde Street.
Planning has been passed for 6 detached units which are available for open market sales with plots 1 & 2 being made available for affordable housing.
The development sits on land which measures around 1.43 acres in size (STS)
We would make any buyers aware to make their own investigations into services & conditions for the site and to make arrangements with Bychoice directly to book in a viewing.
LOCATION The Development sits between Wilde Street and Beck Row in West Suffolk.
Bury St Edmunds - 16miles
Ely - 12 Miles
Cambridge - 26 Miles
Newmarket - 12 Miles
Norwich - 48 miles
Thetford - 16 Miles
The nearest village of Beck Row amenities include the public houses of The Bird in Hand & The Kings Head pubs, primary school and local nature reserve with attractive walking routes throughout.
DEVELOPMENT https://planning.westsuffolk.gov.uk/online-applications/applicationDetails.do?activeTab=documents&keyVal=PVLX9DPD0CW00
AUCTIONEER COMMENTS This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
https://www.iamsold.co.uk/property/52e5c9131ce5425c9edcc48b7d4de6ab/
Planning has been passed for 6 detached units which are available for open market sales with plots 1 & 2 being made available for affordable housing.
The development sits on land which measures around 1.43 acres in size (STS)
We would make any buyers aware to make their own investigations into services & conditions for the site and to make arrangements with Bychoice directly to book in a viewing.
LOCATION The Development sits between Wilde Street and Beck Row in West Suffolk.
Bury St Edmunds - 16miles
Ely - 12 Miles
Cambridge - 26 Miles
Newmarket - 12 Miles
Norwich - 48 miles
Thetford - 16 Miles
The nearest village of Beck Row amenities include the public houses of The Bird in Hand & The Kings Head pubs, primary school and local nature reserve with attractive walking routes throughout.
DEVELOPMENT https://planning.westsuffolk.gov.uk/online-applications/applicationDetails.do?activeTab=documents&keyVal=PVLX9DPD0CW00
AUCTIONEER COMMENTS This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
https://www.iamsold.co.uk/property/52e5c9131ce5425c9edcc48b7d4de6ab/
Arrange Viewing
Bury St Edmunds Branch
Beck Row Primary Academy
(0.76 miles)Requires Improvement
Number of pupils: 234
Age Range: 4 - 11
On Track Education Centre (Mildenhall)
(1.6 miles)Good
Number of pupils: 26
Age Range: 11 - 18
Great Heath Academy
(1.7 miles)Good
Number of pupils: 530
Age Range: 3 - 11
St Mary's Church of England Academy
(2.03 miles)Good
Number of pupils: 413
Age Range: 4 - 11
The Pines Primary School
(2.18 miles)Number of pupils: 156
Age Range: 2 - 11
Mildenhall College Academy
(2.27 miles)Good
Number of pupils: 1206
Age Range: 11 - 18
West Row Academy
(2.34 miles)Number of pupils: 220
Age Range: 4 - 11
Lakenheath Community Primary School
(2.91 miles)Requires Improvement
Number of pupils: 278
Age Range: 4 - 11
Payment Calculator
Mortgage
Estimated Monthly Mortgage Payment:
£2,236 /mo.25 Years, 5% Interest
Loan
£382,500
Total Repay
£670,817
Stamp Duty
You’ll have to pay the stamp duty of:
£8,750
0% up to £250,000
5% between £250,000 and £925,000
Your effective stamp duty rate is 2.06%
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