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Lot 6
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7, 12 & Colbern Engineering, The Drift, Spring Road, Ipswich, IP4 5NJ

Sold for £290,000
East Ipswich development opportunity... planning for mixed residential scheme

Property Details

Description

The site in East Ipswich consists of a detached 3 bedroom bungalow together with redundant, dilapidated Commercial buildings, which have outline planning permission secured for the demolition and erection of 2 pairs of semi-detached properties.Existing Bungalow
The existing property being well-presented and maintained by the current owners, offers scope perhaps for development into the roof space to create a larger chalet-style family home, subject to relevant approvals.

Accommodation comprises: at the front of the bungalow there is an entrance hall with 3 double bedrooms leading off with a large

Key Features

  • BUNGALOW WITH POT.
  • OUTLINE PLANNING
  • 4 x NEW BUILDS
  • DESIRABLE AREA
  • PLANS ONLINE
  • MORE PHOTOS ONLINE
  • VIEWING RECCOMENDED
Tenure

Freehold

EPC

D

Viewing

Internal inspection by appointment with the Auctioneers, 01473 210200

Solicitors

Mrs Kim Caley
Blocks Solicitors
2-6 Arcade Street
Ipswich
IP1 1EL

Planning Ref.

IP/15/00071/OUT

Location

7, 12 & Colbern Engineering, The Drift, Spring Road, Ipswich, IP4 5NJ

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £900 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.