On today's Property love blog post: a beautiful 7 bedroom Grade II listed house, dating back to the late 17th century found in Ditchingham near Bungay in Suffolk.
With bag-fulls of potential, this house is not for the faint hearted. Not only will you need to stump up for the auction purchase price which is guided at between £275,000 to £295,000 (I expect it will go above this), you'll need many £1000s more to renovate it. And because it is Grade II listed, all of the renovations will have to meet with the approval of the local planning authority. But once renovated, this would make the most wonderful family home.
Although buying a listed building might seem a little daunting, you are in fact buying a piece of history. All buildings built before 1700 which survive in anything like their original condition are listed, as are most of those built between 1700 and 1840. According to English Heritage, there are approximately 374,081 listed buildings in England alone. The listing categories are defined as:
- Grade I buildings are of exceptional interest, sometimes considered to be internationally important; only 2.5% of listed buildings are Grade I
- Grade II* buildings are particularly important buildings of more than special interest; 5.5% of listed buildings are Grade II*
- Grade II buildings are nationally important and of special interest; 92% of all listed buildings are in this class and it is the most likely grade of listing for a home owner.
For those of you who might be interested, the auction is taking place on 21 June through Brown & Co I'll happily project manage the renovation for you!