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Lot 6
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First Floor, 45-49 Upper Brook Street, Ipswich, IP4 1DU

Sold for £122,000
Substantial 1st floor development proposal... in the heart of Ipswich

Property Details

Description

An exciting scheme to redevelop the first floor of this substantial town centre building. Under Permitted Development Rights, the property enjoys certificated change of use to create 2 x spacious 2-bedroom apartments. Having been stripped and cleared of all internal partition walls, it’s very easy to identify the potential on offer. Entrepreneurial developers may also consider that, subject to the relevant permissions, there may well be an opportunity for a planning enhancement.

With the benefit of the parking area to the rear also being conveyed we believe this Lot to provide both speculative and investment prospects.

Key Features

  • CENTRE OF IPSWICH
  • PARKING AREA
  • PREPPED OPEN SPACE
  • CONVERSION OPP.
  • PERMITTED DEV.
  • 2 x SPACIOUS APTS.
  • PLANS ONLINE
  • ENHANCEMENT OPTIONS
Tenure

Leasehold

EPC

D

Viewing

Thu 28 Apr 12:00 - 13:00
Tue 3 May 13:30 - 14:30
Wed 4 May 10:00 - 11:00

Solicitors

Mr Maurice Esterkin
Solomon Taylor & Shaw
3 Coach House Yard
Hampstead High Street
London
NW3 1QF

Planning Ref.

IP/15/01012/CLD

Location

First Floor, 45-49 Upper Brook Street, Ipswich, IP4 1DU

*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 £720 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.