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Ipswich IP2 139 bed apartment for sale
Ranelagh Road and Princess Street Junction, Ipswich, Suffolk, IP2 0AD
£3,000,000
Ranelagh Road and Princess Street Junction, Ipswich, Suffolk, IP2 0AD
£3,000,000
Our Summary
- Guide Price £3,000,000+ Plus FeesFor sale by unconditional online auction, registration is now open
- For Sale by Online Auction on 29 October 2025Major Development Opportunity109 Flats79 x One Beds and 30 x Two Beds228 sqm of ground floor commercial floor space (Use Class E)Directly Opposite Ipswich Train Station Consented residential-led schemeFull planning granted (Ref: 24/00430/FUL)Major development opportunity, 109 flats, 79 x One Beds 30 x Two Beds and 228 sqm of ground floor commercial floor space (Use Class E)
- Full planning granted (Ref: 24/00430/FUL) Landscaping, refuse, cycle & car parking included
- TenureFreehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
- Full planning granted (Ref: 24/00430/FUL)
- Major Development Opportunity
Description
A major development opportunity is available in Ipswich, Suffolk, directly opposite the train station. The site, with full planning permission, offers 109 flats, consisting of 79 one-bedroom and 30 two-bedroom units, as well as 228 sqm of ground floor commercial space (Use Class E). The development is situated at the junction of Ranelagh Road and Princes Street, providing a gateway site in a rapidly growing commuter town. The property benefits from landscaping, refuse, cycle, and car parking facilities. The proposed development is expected to capitalize on both capital growth and rental demand. The sale is being conducted by unconditional online auction, with registration open now and bidding opening on October 29, 2025. A 10% deposit and buyer's administration fee of £1,200 + VAT will be payable upon the fall of the hammer, with contracts exchanging 28 days later. Additional fees, costs, and charges may apply, as detailed in the legal pack.