Woodland off, Reepham Road, Felthorpe, Norfolk NR9 5TF
- PROPERTY TYPE
Land
- SIZE
Ask agent
Key features
- 6.45 acres of mature woodland
- Source of firewood
- Rare opportunity
- Guide Price £30,000 - £50,000
- For sale by live stream auction
- Unless previously sold or withdrawn prior
- 11am Wednesday 1st May 2024
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 1ST MAY AT 11AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Rare opportunity to acquire 6.45 acres of mature woodland
Forming part of the large Felthorpe woods this part is known as Nurse Wood. It contains sweet chestnut, oak, birch and rowan and the trees date from post 1950. This is an opportunity for someone looking for their own wood to manage and upgrade whilst providing a source of firewood. It has good access with public roads along its three boundaries and is located around seven miles north west of Norwich.
There are many benefits from owning woodland including tax advantages. After two years ownership, commercially managed woods qualify for 100% inheritance tax relief. Timber sales are free of income tax and capital gains tax.
Viewing Any reasonable time during daylight hours. All persons viewing should be aware that they enter the site entirely at their own risk.
Note Please would all interested parties register their interest with the Auctioneers in order that they may be kept up to date with any developments.
Boundary The western boundary of the site is marked by two posts painted blue.
Tenure: Freehold
Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £900 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Woodland off, Reepham Road, Felthorpe, Norfolk NR9 5TF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Norwich Station6.5 miles
About the agent
Market position
Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.
Trusted BrandAuction House East Anglia is part of the Auctio
Industry affiliations
Notes
Disclaimer - Property reference 202403110944sq_ecsn. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Covering East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Covering East Anglia on 01603 361653.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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