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

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.