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Get brand editions for Oakheart Property, Sudbury, covering Halstead & The Colnes
SOLD STC

Commercial Road, Lowestoft

PROPERTY TYPE

Town House

BEDROOMS

6

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Mixed Use Residential/Commercial Property
  • Investment Opportunity
  • Central Lowestoft Location
  • Close To Railway Station
  • No Chain
  • Close To Town Centre
  • Ample Accomodation
  • 96 Square Metres/1033 Square Feet

Description

Offered for immediate sale is this mixed use residential/commercial freehold building in the centre of Lowestoft. It hosts a wealth of opportunity for a new owner with plenty of potential on offer. We have reason to believe it may suit ideally as a HMO conversion, multiple flats or further retail/commercial rental investment. (stpp).

The property is ideally located within the heart of the proposed East Suffolk Council Masterplan, where a full regeneration project is being undertaken. Please see below link, taking you to the full proposed Masterplan.



The property is centrally located on the doorstep of both Lowestoft's Railway Station, Town Centre and the South Pier.

Please call Oakheart Property to arrange an internal viewing by prior appointment only.

Agents Note - Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
 
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Brochures

Commercial Road, LowestoftBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Exempt
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Commercial Road, Lowestoft

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Get brand editions for Oakheart Property, Sudbury, covering Halstead & The Colnes

About Oakheart Property, Sudbury, covering Halstead & The Colnes

18 Market Hill, Sudbury, CO10 2EA
Traditional Values with a Dynamic Approach

Oakheart Property is a leading estate and lettings agency that brings together the outstanding and unsurpassed talents of Essex and Suffolk's most experienced and qualified estate agents.

We guide individuals and families in their pursuit for the perfect home to put down roots throughout Essex and Suffolk. Our team understands that a successful property sale relies on mutual trust, so we look after both buyers & sellers, landlords & tenants equally, to ensure all parties enjoy an exemplary experience throughout their property sale or search.

When you choose to work with us, you can expect one-to-one support from a dedicated member of our team, regular communication and prompt feedback. Trust, loyalty and integrity are at the heart of our business, so we'll never try to pull the wool over your eyes. We won't overprice your property and we'll be realistic and honest with you at all times.

We understand that the sales and purchasing process can sometimes feel a little overwhelming, but we'll be there to guide and support you through the entire process.

Your mortgage

Per year
Lender usually expects a 10% deposit
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Choose between 1 and 40 years
Years
%
Monthly repayments
£771
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 33139401. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Oakheart Property, Sudbury, covering Halstead & The Colnes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Oakheart Property, Sudbury, covering Halstead & The Colnes on 01787 323886.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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