Land for sale in Lot 1 | The Kerrison Portfolio, Thorndon, Eye, Suffolk IP23

A significant residential portfolio of let property with extensive land and further strategic holdings representing an excellent investment opportunity.

Description
Accessed off Stoke Road, Lot 1 includes the majority of the residential houses in the portfolio. Lot 1 constitutes 14 residential houses and is set in approximately 5.33 acres (2.159 hectares). Collectively the gross return for Lot 1 is £145,680. Further information regarding the residential properties can be found in the sale particulars and in the data room.

Part of the land in Lot 1 has received planning permission for residential development. The planning application reference number is 1716/09. The planning permission is for a close of six 6 3 bedroom houses. Four of the houses are detached with the other 2 being semi-detached. Further details can be found with the vendor’s agent.

Location
The portfolio is located within the village of Thordon. Thorndon benefits from a community shop, public house and primary school. The market town of Eye is approximately 3 miles away which offers an array of facilities including
a number of different shops, services, public houses and a secondary school. The larger market town of Diss is approximately 8.5 miles to the east and includes a main line rail link to Norwich, Ipswich and London. The journey time from Diss to Norwich is from 17 minutes, Ipswich from 22 minutes and London Liverpool Street from 1 hour 36 minutes.

Acreage:
5.33 Acres