Land off, Steggs Lane, Westfield, Dereham, Norfolk NR19 1QQ
- PROPERTY TYPE
Land
- SIZE
Ask agent
Key features
- 1.1 acres of amenity / pasture land
- Between two houses offering hope value
- Guide Price £25,000 to £35,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 11:00am, Thursday 8th May 2025
Description
SOLD AT AUCTION - £66,000
Rare opportunity to acquire 1.1 acres of amenity / pasture land with hope value
This broadly rectangular parcel of amenity land extends to around 1.1 acres (stms). It is accessed off Steggs Lane and is currently overgrown and in need of attention.
Located between houses there may be some future strategic hope value making it a shrewd long term investment.
The land is being sold subject to an overage in the event of future development. The overage will be 50% of any uplift in value created by a planning consent for alternative use or development, and will be for a period of 80 years.
The land is located less than three miles south of Dereham.
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.
Tenure: Freehold
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £960 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.
Land off, Steggs Lane, Westfield, Dereham, Norfolk NR19 1QQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wymondham Station9.4 miles
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Notes
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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, 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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