1 bed terraced house

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1 bed terraced house

The Kerrison Portfolio, Thorndon, Eye, Suffolk IP23
£3,575,000

Our Summary

  • A significant residential portfolio of let property with 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 significant residential property portfolio with 16 properties, including 14 houses and two residential properties with frontage onto Stoke Road, situated on approximately 14.28 acres of land. The houses are let on Assured Shorthold Tenancies, generating a gross return of £145,680, while the other two properties are let on Assured Tenancies. The portfolio also includes a parcel of land with planning permission for six 3-bedroom houses, as well as a field identified as Local Green Space within the adopted Thorndon Neighbourhood Plan. The properties are located in the village of Thorndon, with access to local amenities and the market towns of Eye and Diss, which offer a range of facilities and transportation links to larger cities.