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The Street, Icklingham, Bury St. Edmunds, Suffolk, IP28

Guide Price
£550,000
Abbotts, Bury St Edmunds
PROPERTY TYPE

Land

SIZE

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Description

**DEVELOPMENT OPPORTUNTIY FOR SALE**

Planning for 9 dwellings full details on the planning link below

DC/19/2145/OUT | Outline Planning Application (means of access to be considered) - (i) Conversion works to public house (class A4) to create 2 no. dwellings (class C3) (following demolition of existing extensions); (ii) construction of 7 no. dwellings and (iii) associated landscaping and car parking (previous application DC/17/0630/OUT) | The Plough Inn 62 The Street Icklingham Suffolk IP28 6PL


LOCATION

Icklingham is a village and civil parish in the West Suffolk district of Suffolk in eastern England. It is located about 7 miles (11 km) north-west of Bury St Edmunds, 4 miles (6.4 km) south-east of Mildenhall and 9 miles (14 km) south-west of Thetford in Norfolk. The village is on the A1101 road between Bury St Edmunds and Mildenhall in the north-west of the county. The area around the village, characterised by a sandy gravel-laden soil, is known as Breckland, though an arm of the fen-like peat follows the River Lark past the village.

Icklingham

The village straddles the River Lark, a tributary to the Great Ouse. It was once navigable up to Bury St Edmunds, with locks installed; these are now redundant, the remains of at least one lock being visible near Icklingham. The river is the reason for the siting of Icklingham's most prominent industry, the local flour mill. There are two churches in the village: St. James, and All Saints Church, which is of Norman in origin and a Grade I listed building .[1]


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. 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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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 £300.00 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
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.


The Street, Icklingham, Bury St. Edmunds, Suffolk, IP28

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kennett Station5.7 miles
  • Bury St. Edmunds Station6.6 miles

About Abbotts, Bury St Edmunds

1 Risbygate Street, Bury St Edmunds, Suffolk, IP33 3AA
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Bury St Edmunds is located in Suffolk and was voted one happiest places to live in the east of England by Rightmove in 2019. The team in our branch are proud to serve the local area and have a wealth of local knowledge to help find the right property for you, whether you're looking for a large detached property or an apartment. Our branch is located on Risbygate Street. Feel free to pop in if you're looking for any advice on buying, selling, renting or letting in the local area.

Notes

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Disclaimer - Property reference LAC240001. 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 Abbotts, Bury St Edmunds. 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 Abbotts, Bury St Edmunds on 01284 333381.

*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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