>
Land for sale
Master | The Kerrison Porfolio, Thorndon, Eye, Suffolk, IP23
£25,000
Master | The Kerrison Porfolio, Thorndon, Eye, Suffolk, IP23
£25,000
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 presents a unique investment opportunity, comprising 16 residential properties, extensive grassland, and strategically positioned land. The residential properties, located off Stoke Road, generate a gross return of £166,788, with 15 let on Assured Shorthold Tenancies and one on an Assured Tenancy. The properties, which include 14 houses and two residential properties with frontage onto Stoke Road, are situated on approximately 5.33 acres of land. Additionally, the portfolio includes two blocks of pasture land extending to 62.13 acres, with frontage onto Clint Road, and a small block of amenity woodland. The portfolio offers a diverse range of assets, including a mix of residential and agricultural land, with potential for further development. The location, situated in the village of Thorndon, offers easy access to nearby towns and cities, including Eye, Diss, and Norwich.