A particularly spacious detached guest house with tremendous alternative use potential
Situated on the south east side of Ipswich is this substantial double bay fronted property currently utilised as a Guest House with 7 letting rooms. Built during the late 1800s/early 1900s, the particularly well presented accommodation is of good proportions with high ceilings and offers en suite facilities to 3 of the letting rooms giving a total of 5 bathrooms. Planning Permission was granted in 2013 for a single storey extension at the rear to provide separate self-contained owners accommodation and, although now lapsed, is indicative of alterations that can be made. It is also considered that a change of use, such as to an HMO, is a possibility (subject to Planning Permission) and this could provide an income of approaching £40,000 per annum based on full occupancy of 8 rooms.
Tenure
Freehold
Together with a large rear garden and parking space for 4 vehicles to the front, we believe this to be an excellent investment opportunity with of course the option to create an impressive home for the larger family.
Viewing
Open days
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Ipswich Borough Council. Tel: 01473 432000
Solicitors
Blocks Solicitors, 2-6 Arcade Street, Ipswich, Suffolk IP1 1EL, Ref: Kim Caley, Tel: 01473 343923
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.