24 St. Margarets Plain, 56 St. Margarets Street & 2 Soane Street, Ipswich, Suffolk, IP4 2BA
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Description
Lot Number 6
24 St. Margarets Plain,
56 St. Margarets Street & 2 Soane Street
Ipswich
Suffolk
IP42BA
Guide Price:
£225,000 - £250,000
Presenting a captivating landmark building steeped in history, this Grade II listed gem exudes timeless charm. Rich in period features both inside and out, its allure is unmistakable. Meticulously maintained, its beauty shines through upon inspection. Nestled in the town centre, it offers a prime location for a strong investment. With multiple income streams, including two one-bedroom flats currently let on ASTs and ground floor and first-floor offices under lease, it ensures stability and potential. Don't miss this opportunity to own a piece of history while securing a robust investment in a coveted location.
Tenure: Freehold
Tenancy: Offices - 10 Year lease from Feb 22
56 - AST Jun 22 now periodic
2 - AST from Nov 23 now periodic
Current Yield: Offices - £11,970 pa
56 - £500 pcm / £6,000 pa
2 - £550 pcm / £6,600 pa
Total - £24,570 pa
LANDMARK BUILDING
GRADE II LISTED
PERIOD FEATURES
TOWN CENTRE LOCATION
MULTIPLE INCOME
STRONG INVESTMENT
WELL MAINTAINED
TIMELESS CHARM
Open viewings have been arranged for:
By appointment with the
Auctioneers
Vendors Solicitors
Ms Sian Taylor
Birkett Long LLP
1 Amphora Place
Sheepen Road
Colchester
CO3 3WG
How is this property being sold?
This property is being sold via a traditional live-streamed AUCTION. To participate, you’ll need to attend the scheduled open viewing, review the Legal Pack available on our website, and ensure your finances are in order, or be ready to proceed without funding.
Properties are sold subject to reserve prices and are chain-free, meaning contracts are immediately exchanged when the hammer falls. If successful, a 10% deposit is required on the same day, with the remaining 90% due upon completion, typically within 28 days. Guide prices reflect the vendor's minimum expectations, and bidding can be done online, by phone, or via proxy.
We don’t charge any Buyers Premium or hidden fees; only a fixed administration fee of £1,200 is applied upon a successful purchase. For any questions about the auction process, please contact our office.
Brochures
Full CatalogueViewing TimesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents24 St. Margarets Plain, 56 St. Margarets Street & 2 Soane Street, Ipswich, Suffolk, IP4 2BA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ipswich Station0.8 miles
- Derby Road Station1.2 miles
- Westerfield Station1.5 miles
Notes
Disclaimer - Property reference 289733. 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 Goldings, Ipswich. 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 Goldings, Ipswich on 01473 210200.
*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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