The Whole | The Kerrison Portfolio... Land for sale

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The Whole | The Kerrison Portfolio... Land for sale

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

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 offering a diverse range of assets, including 16 residential properties, extensive grassland, and strategically positioned land. The residential properties, located along Stoke Road, are let on Assured Shorthold Tenancies and Assured Tenancies, generating a gross return of £166,788. The majority of the residential houses are situated on approximately 5.33 acres of land, with four of the houses having received planning permission for residential development. The portfolio also includes two residential properties with frontage onto Stoke Road and extensive surrounding grassland, which are showing signs of structural movement. The location is in the village of Thorndon, with nearby access to the market towns of Eye and Diss, which offer a range of facilities and transportation links to larger cities.
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