Next Auction
12
Lot 13
14

112 Main Road, Kesgrave, Ipswich, Suffolk, IP5 1BL

Sold for £350,000
1/2 acre plot in stunning location... opportunity for re-development (STP)

Property Details

Description

With the plot for 112 Main Road, Kesgrave extending to over 0.5 acre, we consider this Lot to provide an opportunity for re-development. In recent years planning permission has been granted and executed for a new dropped kerb onto the site to provide vehicular access. It is also considered by most that the demolition and construction of a substantial new bungalow on the corner of Dr Watsons Lane and Main Road has set a precedent. However, buyers must make their own enquiries with East Suffolk planning as to any re-development. The 3-bedroom bungalow onsite was previously let, and is seen to be in very poor condition and would require extensive remedial work prior to any occupation. A stunning site in Kesgrave overlooking fields to the north that lends itself to clever and tasteful evolution.

Key Features

  • OVER 0.5 ACRE (STS)
  • KESGRAVE
  • DEVELOPMENT POT. (STP)
  • DILAPIDATED BUNGALOW
  • NEW KERB ACCESS
Tenure

Freehold

EPC

N/A

Viewing

No appointment required

Solicitors

Mr Chris Mason
Bates Well & Braithwaite
27 Lower Brook Street,
Ipswich,
Suffolk, IP4 1AQ

Download Legal Pack

Location

112 Main Road, Kesgrave, Ipswich, Suffolk, IP5 1BL

*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.