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Residential properties for auction in Suffolk

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*UNSOLD - AVAILABLE AT £74,000. PLEASE REFER TO AUCTIONEER*

Two Freehold Interconnecting Buildings arranged to provide Ground Floor Retail Premises together with a Two Bedroom Self-Contained Flat above. Close to Town Centre. Possible Potential for Redevelopment, Subject to all Necessary Consents being obtained.

Tenure
Freehold.

Location
The property is located on Bevan Street West, close to its junction with Raglan Street. Local shops and amenities are within walking distance in Lowestoft town centre and include Tesco, Starbucks, Boots and Sports Direct. Claremont Pier Beach is a sandy beach to the north of Claremont Pier, with zones for watersports. Lowestoft is a popular tourist location on the Suffolk coast.

Description
The property comprises two interconnecting buildings each arranged over ground and first floors beneath a pitched roof. The buildings are arranged to provide a ground floor retail unit together with a self-contained flat above.

Accommodation
Ground Floor – Retail Unit (approx 634 sq ft)
First Floor – Two Bedroom Flat

Planning
The property may afford potential for residential redevelopment to provide either two houses or conversion to provide self-contained flats, subject to all necessary consents being obtained.
15-16, Bevan Street West, Lowestoft, NR32 2AB
Two Freehold Interconnecting Buildings arranged to provide Ground Floor Retail Premises together with a Two Bedroom Self-Contained...
Type: Flat, Retail, Residential
Location: 15-16 Bevan Street West, Lowestoft, NR32 2AB
Images: 1
Brochures: 1
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*THIS PROPERTY IS AVAILABLE AT £125,000. PLEASE REFER TO AUCTIONEER*

A three bedroom mid terrace house in need of modernisation, well located for the shopping amenities of Harwich. Vacant.

Tenure

Freehold.

Location

Located near to the junction with Grafton Road
Extensive shopping facilities and restaurants can be found nearby along High Street and in the centre of Harwich
The maritime amenities of Harwich are easily accessible
Dovercourt, Harwich Town

Description

A two storey mid terrace house
In need of modernisation
Rear garden

Accommodation

Ground Floor – Three Reception Rooms, Kitchen, WC
First Floor – Three Bedrooms, Bathroom

Schedule

Please refer to our website savills.co.uk/auctions

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39, Gwynne Road, Harwich, CO12 3BQ
A three bedroom mid terrace house in need of modernisation, well located for the shopping amenities of Harwich. Vacant.
Type: House, Residential
Location: 39 Gwynne Road, CO12 3BQ
Images: 1
Brochures: 1
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

Bumble cottage is around 200 years old and offers a good degree of character together with a rear garden extending to approximately 115’ in depth backing onto farmland, to the side is parking space for several cars.

The village of Norton, which is served by a service station with a small general store, a primary school and public house, is just 2 miles off the A14 linking the East Coast with the Midlands and the towns of Stowmarket and Bury St Edmunds are some 9 and 12 miles distant respectively.

The property offers 3 bedroom accommodation along with a useful detached garden room or office and benefits from double glazing and oil fired central heating, a number of improvements have been carried out by the current owners but it would benefit from further enhancement.

Availability within this village is always very limited and this is an opportunity which should not be passed up.

Tenure
Freehold

Viewing
Open days

Energy Efficiency Rating (EPC)
Current Rating E

Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority
Mid Suffolk District Council. Tel: 01449 724500

Solicitors
Hayward Moon, 87 Whiting Street, Bury St Edmunds, Suffolk IP33 1PD, Ref: Nicholas Moon, Tel: (01284) 727297

Additional Fees
Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Bumble Cottage, Ixworth Road, Bury St. Edmunds, IP31 3LF
A detached character cottage in a desirable village location
Type: House, Residential
Location: Bumble Cottage Ixworth Road, Bury St. Edmunds, IP31 3LF
Images: 9
Brochures: 1
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

Situated on the western outskirts of the town centre is this well proportioned first floor flat with its own allocated parking space.

The spacious 2 bedroom accommodation has been well looked after and benefits from double glazing and gas central heating.

The property is let on an Assured Shorthold Tenancy at a rent of £605 per calendar month (£7,260 pa) with the current tenant in occupancy since March 2015. There will be opportunity to increase the yield by up to 10% on the 12 month anniversary in October 2018.

In our opinion this is an excellent opportunity for the first time investor or as an addition to an existing portfolio.

Lease – 999 years from 2011
Ground Rent - £95 per annum
Maintenance Charge – 25% of repairs and app. £110 per annum insurance.

Tenure
Leasehold. 999 years from 2011

Viewing
Open days

Energy Efficiency Rating (EPC)
Current Rating C

Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority
Ipswich Borough Council. Tel: 01473 432000

Solicitors
Hayward Moon, Chestnut Court, Winifred Street, Ipswich IP4 1AR, Ref: Mark Lomas, Tel: 01473 927510

Additional Fees
Buyer's Premium - £600 (£500+VAT) payable on signing the contracts

Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Flat 3, 18, Granville Street, Ipswich, IP1 2JE
A well maintained tenanted first floor flat with parking and producing a strong yield
Type: Flat, Residential
Location: Flat 3, 18 Granville Street, Ipswich, IP1 2JE
Images: 7
Brochures: 1
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

On the western fringe of the town centre is this modernised ground floor flat along with the considerable benefit of an allocated parking space.

The 2 bedroom accommodation offers double glazing, gas central heating, a small enclosed courtyard to the rear and is currently let on an Assured Shorthold Tenancy.

The existing tenant has been in situ since February 2011 with the current being £550 per calendar month (£6,600 per annum), the opportunity to increase by up to 10% presents itself every 12 months with the next being in October 2018.

We believe this to be a solid investment which would compliment any portfolio.

Lease – 999 years from 2011
Ground Rent - £105 per annum
Maintenance Charge – 25% of repairs and app. £110 per annum insurance.

Tenure
Leasehold. 999 years from 2011

Viewing
Open days

Energy Efficiency Rating (EPC)
Current Rating C

Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority
Ipswich Borough Council. Tel: 01473 432000

Solicitors
Hayward Moon, Chestnut Court, Winifred Street, Ipswich IP4 1AR, Ref: Mark Lomas, Tel: 01473 927510

Additional Fees
Buyer's Premium - £600 (£500+VAT) payable on signing the contracts

Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Flat 1, 18, Granville Street, Ipswich, IP1 2JE
A well-proportioned ground floor flat with parking and a long established tenant
Type: Flat, Residential
Location: Flat 1, 18 Granville Street, Ipswich, IP1 2JE
Images: 4
Brochures: 1
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*THIS PROPERTY IS STILL AVAILABLE - PLEASE REFER TO THE AUCTIONEER*

Features
Two bedroom end terrace property
Suitable for basic refurbishment and modernisation
Currently let at £550 pcm (£6,600 pa)
Potential rental income of £950 pcm (£11,400 pa)
Oil central heating
Village centre location
Popular residential area
Off street parking
Freehold

Location
This property is located on High street, Lakenheath. The property sits opposite and adjacent to a variety of amenities including: a pharmacy, post office, Lloyds Bank and a choice of cultural restaurants.
Lakenheath is a village in Suffolk, close to the county boundaries of both Norfolk and Cambridgeshire. The village benefits from a Victorian primary school along with a library, hotel and a variety of public houses.
Situated in the east coast of England, Suffolk is a county filled with natural attraction. Bordered by 50 miles of coastline, it’s the perfect holiday destination.

Description
This end terrace property comprises spacious accommodation set over two storeys.
The ground floor comprises a kitchen and living area. To the first floor, there is a family bathroom with shower over bath and two good sized bedrooms.
Externally, there is a yard area to the rear providing off street parking. Behind this, there are brick-built storage sheds with pedestrian access leading across the yard, which serves neighbouring properties. The property also benefits from the option of off street parking within the vicinity.

Tenure
Freehold

Services
We understand the property has mains oil central heating, electricity, water and drainage, however, we recommend interest parties make their own enquiries.

Investment Analysis
The property is currently let at £550 per calendar month (£6,600 per annum). However, we expect that following a programme of refurbishment and modernisation a rental income of £950 per calendar month (£11,400 per annum) is achievable.

Council Tax
The property is rated in council tax band A, council tax payable (2017/18) is £1,060 per annum.

Guide Price
£140,000+

Buyer’s Premium
2.4% (min, £3,000) inc. VAT.

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35, High Street, Brandon, IP27 9JS
Ideal Investment Opportunity – Village Centre Location Opportunity To Add Value – Dated Internal Condition
Type: Residential, House
Location: 35 High Street, IP27 9JS
Images: 1
Brochures: 1
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