Saham Road, Watton, Thetford, Norfolk, IP25

This is a unique opportunity to purchase a prime development site located in the desirable Market Town of Watton.

The site offers excellent potential, with full Planning Permission granted by Breckland Council under Application No. PL/2024/0796/FMIN for the construction of three residential dwellings.

The site measures approx. 0.22 acres / 884 sq. m / 9,518 sq. ft and is offered for sale freehold subject to contract only.

Watton is a thriving Norfolk town that combines traditional character with modern amenities, making it an attractive location for new housing. The site is well positioned to benefit from local services, schools, shops, and transport links, while also enjoying the charm and community spirit of a market town setting.

With demand for quality homes in the area continuing to rise, this development represents a rare chance to deliver a small-scale residential scheme.

Further details available upon request.

Viewing strictly by appointment only.

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 Iamgold 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 Iamgold. 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 Iamgold 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.

Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Watton boasts a range of traditional amenities including a post office, supermarkets, doctors surgery, chemist, infant, junior and secondary schools all within reach. There is a weekly town market, Watton Sports Centre offers a fitness suite, all weather courts, badminton, squash and snooker facilities while Richmond Park Golf Club has an 18-hole course, driving range and practice green.