The four-bedroom farmhouse, called Hill Farm in Topcroft, near Bungay, has three barns next to it as well as the surrounding farmland.
The property is being listed by Auction House East Anglia with a guide price of £375,000 – £425,000.
The stairway inside Hill Farm in Topcroft (Image: Auction House East Anglia)
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The description for the property reads: “This detached farmhouse has been in the same family ownership for over a century but now requires a full program of modernisation and general repair to realise its full potential.
“The extensive outbuildings offer potential for future development subject to obtaining relevant planning permission, this exciting opportunity would make a valuable redevelopment opportunity or family home.
“Set in a picturesque rural location the property is surrounded by farmland and is within six miles of Bungay and Long Stratton and 14 miles South of Norwich.”
The ground floor to the building has an entrance hall, storage area/cellar, sitting room, dining room, kitchen and ground floor bathroom.
The first floor has four double bedrooms and outside are two large agricultural buildings, barns and further barns and outbuilding’s within three acres of land.
The purchaser of Hill Farm will be offered the option to purchase 10.4 additional acres of land (stms) and then further 8.9 acres of land (stms) for £120,000 each.
Hill Farm in Topcroft (Image: Auction House East Anglia)
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An auction for it will begin via live stream on the website at 10am on June 12.
To arrange a viewing call Auction House East Anglia on 01603 505 100.
And to view it on the website see: www.auctionhouse.co.uk/eastanglia/auction/lot/129716
Hill Farm in Topcroft (Image: Auction House East Anglia)