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Master | The Kerrison Portfolio... Land for sale
Master | The Kerrison Portfolio, Thorndon, Eye, Suffolk, IP23
£500,000
Our Summary
- A significant residential portfolio of let property with extensive land and further strategic holdings representing an excellent investment opportunity
- Part of the land has received planning permission for residential development
- The planning application reference number is 1716/09
- The planning permission is for a close of six 3 bedroom houses
Description
The Kerrison Portfolio is a unique investment opportunity that offers a diverse range of assets, including 16 residential properties, extensive grassland, and strategically positioned land. The residential properties, which are situated adjacent to the River Dove, generate a gross return of £166,788, with 15 of them let on Assured Shorthold Tenancies and one on an Assured Tenancy. The properties are located in the village of Thorndon, which offers a community shop, public house, and primary school, with the market town of Eye and its rail link to Norwich, Ipswich, and London within easy reach. The portfolio also includes a parcel of grassland let on a Grazing licence and a further parcel of land with planning permission for residential development. With a total acreage of 14.28 acres, the Kerrison Portfolio presents a significant investment opportunity for those looking to diversify their portfolio.