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Garage Compound off Regent Street, Suffolk, IP14 1RJ - Image 1
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Garage Compound off Regent Street, Suffolk, IP14 1RJ

East of England

£155,000
Listed on 30/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This parcel of land spans approximately 0.18 hectares (0.45 acres) and currently features around 35 lock-up garages, some in a state of disrepair. The property presents a unique opportunity for investment, with potential for expansion to include additional garage units or even residential development, contingent upon the relevant planning permissions. There's also a possibility for the installation of solar panels, adding to its appeal as a sustainable investment, though interested buyers should conduct their own research into this matter. The estimated income from the current garages is roughly £13,000 per annum; however, verification through independent inquiries is recommended. Located in Stowmarket, a town recognized as one of the top commuter spots in the UK, this site benefits from easy access to transport links including rail connections to London Liverpool Street and proximity to local amenities.

Investment Analysis

(IP14 area)
Area Average
£304/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP14)

Area prices are falling by -7.0% over the last 12 months
3 year growth: -7.0%
5 year growth: +2.2%
Investment Disclaimer: Analysis based on IP14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Garage Compound off Regent Street, Suffolk, IP14 1RJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£553
Based on a loan of £116,250 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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