£90,000
Studio flat for sale
Suffolk, NR32 1XN
studio Flat Property description
Guide Price = £90,000+
*For Sale By Online PublicAuction 10th September 2025 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Mixed Use Mid Terrace Building with Large Rear Yard Subject to a Lease Producing £15,000 Per Annum (Reflecting a Gross Initial Yield of 16%)
Tenure
Freehold
Location
The property is situated on a pedestrianised road close to local shops and amenities. The open spaces of Gunton Community Park are within easy reach. Transport links are provided by Lowestoft rail station.
Description
The property comprises a mixed use mid terrace building arranged to provide a lower ground and ground floor retail unit and first and second floor offices.
Accommodation
Lower Ground Floor
Retail Area
Ground Floor
Retail Area
First Floor
Offices
Second Floor
Offices
Total G.I.A. Approximately 3,000 sq ft
Accommodation
Exterior
The property benefits from rear access with parking.
Tenancy
The property is subject to a 5 year lease commencing 21st May 2024 at a rent of £15,000 per annum. Break clause in 2027.
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
Note
EPC Rating
E
There are no internal viewings
*For Sale By Online PublicAuction 10th September 2025 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Mixed Use Mid Terrace Building with Large Rear Yard Subject to a Lease Producing £15,000 Per Annum (Reflecting a Gross Initial Yield of 16%)
Tenure
Freehold
Location
The property is situated on a pedestrianised road close to local shops and amenities. The open spaces of Gunton Community Park are within easy reach. Transport links are provided by Lowestoft rail station.
Description
The property comprises a mixed use mid terrace building arranged to provide a lower ground and ground floor retail unit and first and second floor offices.
Accommodation
Lower Ground Floor
Retail Area
Ground Floor
Retail Area
First Floor
Offices
Second Floor
Offices
Total G.I.A. Approximately 3,000 sq ft
Accommodation
Exterior
The property benefits from rear access with parking.
Tenancy
The property is subject to a 5 year lease commencing 21st May 2024 at a rent of £15,000 per annum. Break clause in 2027.
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
Note
EPC Rating
E
There are no internal viewings
Property photos
Interested in this property?
Check Your Credit Report & Score 
Council tax
First listed
2 weeks agoSuffolk, NR32 1XN
Marketed by
Auction House London - Hampstead 5 Hampstead Gate, 1a Frognal Hampstead, London NW3 6ALCall agent on 020 8022 1911
Placebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Suffolk, NR32 1XN - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Auction House London - Hampstead. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House London - Hampstead for full details and further information.
property_vrec_1