Guide price
£375,000
Land for saleLand Off Low Street, Ilketshall St. Margaret, Bungay, Suffolk NR35
- Auction
- Freehold
Auction House East Anglia
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About this property
For sale by auction on Wednesday, 30 Jul 2025 at 10:00
Venue: Livestream Auction
Prime development site with planning permission for three detached houses set in just under an acre
This is an exciting development opportunity comprising a greenfield site extending to around 0.96 of an acre, with outline planning permission for 3 x five bedroom detached houses. The scheme allows for three superior properties each on a generous plot with accommodation extending to over 2,000 sq/ft. The grassland site is currently used for grazing and is attractively situated in a semi-rural location in a rural north Suffolk village around four miles south of Bungay.
Ideal project for builder / developer.
Planning
Outline planning permission for the erection of of 3 x five bedroom detached dwelling houses with associated access was granted by East Suffolk Council on 28th June 2024. Reference DC/24/0658/out. Further details and plans can be found on the public access website of East Suffolk Council, .
Proposed Accommodation
Ground floor: Entrance hall, study, lounge, dining room, kitchen, utility, double garage
First floor: Landing, two ensuite bedrooms, three further bedrooms, bathroom
Outside: Off road parking and gardens
Viewing
Any reasonable time during daylight hours. All persons viewing should be aware that they enter the site entirely at their own risk.Please would all interested parties register their interest with the Auctioneers in order that they may be kept up to date with any developments.
Additional Fees
Buyers Premium: £960 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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