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Lot 10
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94 & 96 Norwich Road, Ipswich, Suffolk, IP1 2PS

Sold for £141,000
2 semi-derelict shops... development potential/change of use (stp)

Property Details

Description

Positioned on the busy western approach into Ipswich, these semi-derelict former shop units offer significant development potential. Believed to have had previous planning consent (circa 2010) for conversion into two separate residential dwellings, each designed to provide a lounge, kitchen, ground floor bathroom, and two first-floor bedrooms. Subject to confirmation and any necessary consents, this could be an ideal project for redevelopment into two attractive terraced cottages. Norwich Road lies on the fringe of Ipswich’s secondary retail area, making this a well-located investment or resale opportunity. Rarely does a site with such scope and street presence come to market.

Key Features

  • FORMER SHOP UNITS
  • SEMI-DERELICT STATE
  • NORWICH ROAD
  • RESI CONVERSION SCOPE
  • 2-BED COTTAGE PLANS
  • GREAT DEV’T POTENTIAL
  • FRINGE TOWN LOCATION
Tenure

Freehold

EPC

N/A

Viewing

Thu 24 Apr - 12:30 - 13:30
Sat 26 Apr - 11:00 - 12:00
Mon 28 Apr - 13:00 - 14:00

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mr Oliver Ray
Barker Gotelee
41 Barrack Square
Martlesham Heath
Ipswich
IP5 3RF

Download Legal Pack

Location

94 & 96 Norwich Road, Ipswich, Suffolk, IP1 2PS

*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 £1,200 inclusive of VAT. Other fees disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.