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3 bed bungalow
Hook Lane, Cranworth IP25
£500,000
Hook Lane, Cranworth IP25
£500,000
Our Summary
- Development potential
- As the site has potential for residential development, the owners are looking to have a contractual agreement in place for overage that will only be payable if the land is developed
- It is calculated as a percentage of uplift in the value of the land if developed, including conversion of the outbuildings into residential accommodation
Description
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Here is a summary of the property description in a single paragraph:
This charming three-bedroom bungalow sits on a 1-acre plot in a rural location on the outskirts of Cranworth, Norfolk. The property features well-presented front and rear gardens, a garage, workshops, and solar panels providing low-cost electricity. The interior boasts a spacious entrance hall, kitchen, lounge, dining room, and three bedrooms, including a master bedroom with fitted wardrobes. The property also has a cloakroom, bathroom, and a fresh air system. The location is convenient for access to Dereham, Norwich, and the A47 and A11 roads. With potential for residential development, the owners are open to negotiating an overage agreement, and the property is being sold chain-free.