14 Garages, Franklin Close, Aldeburgh, Suffolk, IP15 5JU
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14 Garages, Franklin Close, Aldeburgh, Suffolk, IP15 5JU

By Brown & Co Online Auctions

£ 50,000

Reviews

2 out of 5 stars

Brown & Co Online Auctions says ..

BIDDER REGISTRATION APPROVALS CANNOT BE GUARANTEED AFTER 4PM ON TUESDAY 12TH NOVEMBER 2024. ** For Sale By Unconditional Auction 13/11/2024 12:00 Guide price = £50,000 - £60,000 plus fees Fourteen garages in two blocks of seven which appear to be of brick construction. Out o...

Property Oracle says ..

This listing presents an opportunity to acquire a block of fourteen garages located in Aldeburgh, Suffolk. The property is situated on Franklin Close, offering proximity to local amenities, schools (Aldeburgh Primary School is approximately 1.45km away), and the attractive coastal town. The garages themselves appear to be constructed of brick, showcasing relatively good structural integrity. However, the photographs suggest a level of needed maintenance, particularly with respect to the paintwork of several garage doors. The absence of detailed information such as the individual size of each garage, the internal condition, and the presence of any additional features makes definitive assessment difficult. The listing is presented as an unconditional auction with a guide price of £50,000-£60,000, which means the final sale price may vary. Prospective buyers should carefully consider the potential costs of renovations or repairs and conduct thorough due diligence before bidding. The lack of available data regarding comparable properties and the absence of information on internal square footage and plot size prevent a conclusive analysis. The limited land associated with this property consists simply of the parking area shared among the garages. Overall, the property represents a potential investment opportunity in a desirable location, but careful consideration of the potential repairs and maintenance required is crucial.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
427,558.00 £
Increased by 8.53 %
from 393,940.00 £
Average area rental value
1,305.00 £/mo
Increased by 4.23 %
from 1,252.00 £/mo
Est rental Yield
3.66 %
Decreased by 3.94 %
from 3.81 %
Crime Rate
39.00 %
Unchanged by 0.00 %
from 39.00 %

Agent Activity

  • Brown & Co Online Auctions marked this listing as sold.

  • Brown & Co Online Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Aldeburgh Primary SchoolAcademy ConverterGood1.45 KM
Coldfair Green Community Primary SchoolAcademy Converter4.51 KM
Alde Valley AcademyAcademy Sponsor LedGood4.92 KM
Leiston Primary SchoolAcademy ConverterGood5.16 KM
Compass Community School Aylward ParkOther Independent Special School5.53 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Franklin Close £ 000.00 KM
Cherry Lane £ 000.00 KM
Kemps Close £ 000.00 KM
The Birches £ 000.00 KM
The Brambles £ 645,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Saxmundham Road, Aldeburgh £ 375,000BUY6 / 100.10 KM
Saxmundham Road, Aldeburgh, Suffolk, IP15 £ 325,000BUY7 / 100.14 KM
Aldeburgh £ 975,000BUY6 / 100.26 KM
Fairfield Road, Aldeburgh, IP15 £ 295,000BUYUnknown0.27 KM
Saxmundham Road, Aldeburgh, Suffolk £ 475,000BUYUnknown0.30 KM

Nearby Properties

AddressPriceDistance
7 Franklin Close £ 174,9500.07 KM
6 Franklin Close £ 120,0000.07 KM
11 Franklin Close £ 289,9500.07 KM
89 Saxmundham Road £ 229,9950.09 KM
113 Saxmundham Road £ 37,7500.09 KM