Property Auctions - suffolk

Auction date: Wed, 25/09/2024 - 14:00

Guide Price £250,000. A fully-let and well located 4 storey commercial building. The terraced building is of brick construction beneath a pitched slate covered roof, and fronts a pedestrianised street. There is a very small covered storage area to the rear which is accessed via the ground floor retail area. The property benefits from a 10 year lease dating from 21st September 2021. The rent rose to £16,000 per annum on the 21st September 2023 until 20th September 2026. The rent then increases to £17,500 for a period from and including 21st September 2026. Freehold subject to tenancy. 

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £300,000 - £350,000. With the plot extending to over 0.5 acre, there is an opportunity for re-development. In recent years planning permission has been granted and executed for a new dropped kerb onto the site to provide vehicular access. Buyers must make their own enquiries with East Suffolk planning as to any re-development. The 3-bedroom bungalow onsite was previously let, and is seen to be in very poor condition and would require extensive remedial work prior to any occupation.

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £125,000 - £150,000. This tenanted 3-bedroom terraced property presents an ideal buy-to-let investment with a strong yield. Currently occupied by tenants, this property offers a reliable income stream from day one, making it a sound choice for investors seeking a property with established rental returns. Priced for the auction market, this property is an appealing option for those looking to invest in the Ipswich area. Current period rent £1,050 pcm / £12,600 pa.

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £75,000 - £100,000. Located on the eastern side of Ipswich within a residential area, this 360 sq metre (STS) land parcel is accessible and versatile. It features a new double driveway gate, re-fenced boundaries for enhanced security, and a gravel driveway, increasing its appeal. A prior planning application for a large executive home was refused, suggesting a smaller-scale residential development might be more feasible. Additionally, the site could suit various other uses (STP). With road frontage of approximately 6 metres that widens to 16m x 16m (subject to survey), it offers developers and investors a significant opportunity to capitalise on its location and potential.

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £125,000 - £150,000. This freehold mixed-use property presents a compelling investment opportunity. The property comprises a ground-floor retail unit, currently leased to a convenience store under a Full Repair and Insure (FRI) lease, and a self contained 1-bedroom flat spanning the 1st and 2nd floors. Fully let, the property generates an annual yield of £12,900. Ideal for investors seeking a diversified income stream, this property benefits from both commercial and residential tenancies

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £100,000 - £125,000. 4.6-acre land parcel ripe for commercial or leisure development, pending planning approval. Formerly used as a garden nursery, the property is accessed through a large secure gate and includes both a container and a lean-to for immediate utilisation. Its straightforward road access makes it a compelling option for businesses seeking a flexible and accessible space. Subject to planning consent, the site holds potential for diverse projects ranging from commercial gardening to leisure facilities. This unique investment opportunity in a sought-after area is well worth exploring.

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £200,000 - £225,000. This property offers a prime redevelopment opportunity. The current owners have obtained planning permission to convert it into four two-bedroom, two-storey maisonettes. However, its potential extends beyond this approval, with possibilities for commercial use, multiple occupancy, or even a complete redevelopment, subject to the necessary planning consents. Additionally, this lot includes an adjacent parcel of land ideal for parking and with strong, long-term prospects. 

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £125,000 - £150,000. In North East Ipswich, this tenanted investment is a prime opportunity for investors. Positioned near local amenities, schools, and transportation. The well-maintained 2-bedroom end-of-terrace property features gas central heating and double glazing for modern comfort. Producing £800 pcm / £9,600 pa.

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £125,000 - £150,000. Discover a promising tenanted investment in North East Ipswich’s desirable residential area. Recently refurbished, this property boasts new double glazing, gas central heating, a fitted kitchen, and a shower room, ensuring modern comfort and appeal. Current Yield £800 pcm / £9,600 pa.

Auction date: Wed, 25/09/2024 - 14:15

Guide Price £50,000 - £75,000. This first-floor 1-bedroom flat comes with a long leasehold and is priced ideally for the auction market. Requiring complete refurbishment, it presents a perfect starter project for those looking to enter the property development world or an ideal buy-to-let opportunity for investors seeking to add value.