3 bed bungalow for sale

Newton Road, Stowmarket, Suffolk IP14

Renovation Opportunity - Three Bedroom Detached Chalet Bungalow

Situated in a convenient location close to Stowmarket town centre, this detached chalet-style bungalow offers excellent access to a wide range of amenities, the mainline railway station with direct services to London Liverpool Street, and the A14 trunk road, making it an ideal opportunity for commuters and those seeking strong transport links.

Requiring complete modernisation and refurbishment throughout and situated on approximately 0.23 of an acre, the property presents a rare opportunity for purchasers to create a substantial family home tailored to their own specification. The accommodation extends to approximately 1,315 sq.ft. (122.1 sq.m.) and offers flexible living space with considerable scope for improvement and enhancement.

The ground floor comprises an entrance hall, living room, kitchen/dining room, sun room, two double bedrooms and a family bathroom. To the first floor is an impressive principal bedroom measuring over 27ft in length, offering potential for reconfiguration to create additional bedrooms, a dressing room or en-suite facilities, subject to any necessary consents.

Internally, the property is dated and would benefit from a comprehensive programme of renovation, including a new kitchen and bathroom, replacement flooring, redecoration, upgrading of services and general modernisation throughout. As such, the property is likely to appeal to developers, investors, builders and owner-occupiers seeking a project with significant value-enhancing potential.

Accommodation

Entrance Hall
Living Room - 12'1" x 11'10"
Kitchen/Dining Room - 16'2" x 8'8"
Sun Room - 16'6" x 7'4"
Bedroom Two - 11'11" x 10'8"
Bedroom Three - 11'11" x 10'8"
Family Bathroom
First Floor Principal Bedroom - 27'9" x 12'9"
Outside

The property occupies an established plot with scope for landscaping and external improvement. Buyers should satisfy themselves regarding boundaries, parking arrangements and any future development potential.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.