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Flats 1 -13, 116 High Street, Hadleigh, Suffolk, IP7 5EL
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Flats 1 -13, 116 High Street, Hadleigh, Suffolk, IP7 5EL

Auction Date:  July 16, 2025
Guide price £900,000 - £1,000,000*
High yielding 10% freehold investment... 13 self-contained flats & land
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  • Flats 1 -13, 116 High Street, Hadleigh, Suffolk, IP7 5EL lot image - 33
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Property Details

Description

An imposing Grade II listed three-storey Georgian-style property, this substantial building stands in the heart of Hadleigh, a thriving and historic Suffolk market town located around 10 miles from Ipswich and 15 miles from Colchester. Carefully converted into 13 self-contained studio flats, each unit benefits from its own kitchen, bathroom, and utilities. The property also enjoys private rear gardens and a sizeable parking area with potential for further income or future development, subject to the necessary consents. Over the past five years, the building has undergone significant refurbishment, including full re-roofing, replacement of soffits and rainwater goods, repointing, and basement works with a new drainage system and sump pump for stormwater management.

Key Features

  • FREEHOLD INVESTMENT
  • FULLY LET
  • HADLEIGH TOWN
  • INDEPENDENT UTILITIES
  • £87,840 PA
  • 13 FLATS
  • 10% YIELD
  • LAND TO REAR
  • CAR PARK
Tenure

Freehold

EPC

E

Viewing

By appointment with the Auctioneers

Solicitors

Mrs Kristina Biddlecombe
Nockholds Solicitors
6 Market Square
Bishop's Stortford
CM23 3UZ

Tenancy

13 separate ASTs

Current Yield.

£7,320 pcm / £87,840 pa

Download Legal Pack

Location

Flats 1 -13, 116 High Street, Hadleigh, Suffolk, IP7 5EL

*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.

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