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4 bedroom property for sale
6, 6A and 6B Pier Terrace, Lowestoft, Suffolk NR33 0AB
£175,000
6, 6A and 6B Pier Terrace, Lowestoft, Suffolk NR33 0AB
£175,000
Our Summary
- For sale on 28 August 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Basement- Offering 3 rooms and a toilet which require refurbishment
- Garage to rear offering further storage / scope to develop
- An excellent investment opportunity with an estimated rental value of £22,00 per annum once fully let
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 28
Description
This mixed-use property is located in a prime position on Lowestoft Harbour, with a ground floor shop and two flats above, as well as a large basement and a garage to the rear. The property is vacant, except for one of the flats which is let at £450 per month. The basement requires refurbishment, but offers potential for additional living space. The property is well-located near other commercial and residential properties, as well as the train station, making it an excellent investment opportunity with an estimated rental value of £22,000 per annum. The property is being sold at auction, with a guide price and reserve price to be disclosed on the day of the auction. Potential buyers must register in advance and submit a registration form to participate in the auction.