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2 Bed Terraced House, Single Let, Ipswich, IP1 2PS £75,000

94 & 96 Norwich Road, Ipswich, Suffolk, IP1 2PS - 6 views - 8 months ago
  1. Deal Search
  2. Ipswich
  3. IP1
  4. IP1 2PS
Sold STC
Auction
BTL
ROI: 20%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £75,000

April 17, 2025

Floor Plans

Description

For sale by auction on 07/05/2025 at Live Broadcast Auction

Lot Number 10

94 & 96 Norwich Road
Ipswich
Suffolk
IP12PS

Guide Price:
£75,000 - £100,000

Sold for £141,000

Positioned on the busy western approach into Ipswich, these semi-derelict former shop units offer significant development potential. Believed to have had previous planning consent (circa 2010) for conversion into two separate residential dwellings, each designed to provide a lounge, kitchen, ground floor bathroom, and two first-floor bedrooms. Subject to confirmation and any necessary consents, this could be an ideal project for redevelopment into two attractive terraced cottages. Norwich Road lies on the fringe of Ipswich's secondary retail area, making this a well-located investment or resale opportunity. Rarely does a site with such scope and street presence come to market.

Tenure: Freehold

EPC: N/A

FORMER SHOP UNITS
SEMI-DERELICT STATE
NORWICH ROAD
RESI CONVERSION SCOPE
2-BED COTTAGE PLANS
GREAT DEV'T POTENTIAL
FRINGE TOWN LOCATION

Open viewings have been arranged for:

Thu 24 Apr - 12:30 - 13:30
Sat 26 Apr - 11:00 - 12:00
Mon 28 Apr - 13:00 - 14:00

(10 Minute viewing slots
MUST be pre-booked)

Vendors Solicitors
Mr Oliver Ray
Barker Gotelee
41 Barrack Square
Martlesham Heath
Ipswich
IP5 3RF

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.

Agent Details

Goldings, Ipswich

01473 210200

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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