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West Norfolk Property Opportunity (£100,000)

Date posted: Sunday 30th August
Location: West Norfolk

PROPERTY OPPORTUNITY



A fantastic project available in idyllic rural Norfolk, within 5 miles of a railway station giving direct access to London and 7 miles from the historic Hanseatic port of King’s Lynn. There is easy access to the main A47, giving road links to Peterborough, Norwich, the Broads and many other parts of Britain. The Norfolk coast is within easy driving distance, with sandy beaches and cliff-top walks. This west Norfolk house is in a village on the edge of the Fens, with the historic Fenland cities of Ely and Cambridge less than an hour away by road or rail. For birdwatchers, there are marshes a few miles away.

This Norfolk house is opposite open fields giving rural and picturesque views in a part of the village of Tilney St Lawrence designated to remain undeveloped but within a few minutes walk of the village shop, post office and two pubs. The village also has its own primary school as well as a village hall and playing field. There is a GP surgery, garage and another shop and bakery in the adjoining village of Terrington St John.

The house is an end-terrace cottage to which a large extension has been added. The extension is structurally complete but with mainly internal work remaining. The original Victorian cottage has 2 bedrooms but there will be 5 bedrooms when the house is complete plus en suite and family bathrooms and a shower room. Downstairs in the extension a large open plan living area and kitchen has been planned alongside two existing downstairs rooms, which could be used as a playroom, study or additional sitting room.

The secluded west-facing garden is enclosed and a summer-house and patio area are included. At the front there is off-road parking for two cars.

This exciting opportunity to complete a 5 bedroom house is for sale by auction on Friday 4th September 2009 at 6pm at Barry L Hawkins, Auctioneers, 15 Lynn Road, Downham Market, Norfolk PE38 9NL, telephone 01366 387180. Please see http://www.barryhawkins.co.uk/ for further details.

Genuine reason for sale – this was a family project but due to job opportunities the current owners are moving from the area. This would be an ideal opportunity for a first-time property developer, a family looking for more space or as a potential buy to let property.

A local estate agent has recently estimated that after the project has been fully completed the value of the finished property would be around £155,000 in the current market.

As the property is for sale by auction, the sale price cannot be precisely stated, but bidding is expected to exceed £100,000.

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