1 bed flat for sale

Queens Street, Stradbrooke IP21

A landmark former bank with residential accommodation above, offering outstanding scope for renovation, conversion and value enhancement in the heart of Stradbroke. Occupying a prominent village position, this substantial period property combines commercial-style ground floor space with a self-contained first-floor flat, creating a rare opportunity for investors, developers and ambitious buyers alike. Rich in character and local history, the versatile layout lends itself to a variety of future uses, subject to the necessary consents. Further benefits include a rear garden, useful outbuilding and the potential to reconfigure the accommodation to suit individual requirements. Offered freehold, Bank House presents an increasingly uncommon chance to acquire a distinctive property with significant potential.

The Location

The property is located on Queen Street, just a short distance from the centre of the thriving village of Stradbroke. The village offers a wide range of local amenities, including a Spar convenience store, bakery, butcher, medical centre, village hall, children’s play areas, hairdresser, library/Post Office, and Stradbroke Baptist Church. Stradbroke also features two public houses, the Church of England vc Primary School, and Stradbroke High School.

The historic and striking All Saints Church, with its 15th-century tower, stands at the heart of the village and is visible from miles around. Residents can also enjoy a sports centre with a swimming pool, gym, and tennis courts, along with a variety of clubs and societies, including cricket, tennis, bowls, and football clubs.

The historic market town of Eye lies just 7 miles away and provides further educational opportunities with additional primary and secondary schools. Eye also offers a selection of independent shops, two small Co-op supermarkets, a doctor's surgery, and a choice of takeaway restaurants, as well as attractions such as the remains of a medieval castle and a Victorian folly.

The South Norfolk town of Diss, approximately 10 miles northwest, provides larger supermarkets including Morrisons, Tesco, and Aldi, as well as a railway station with regular services to Norwich and London Liverpool Street. Framlingham, renowned for its medieval castle, is about 10 miles south, while the Heritage Coast, featuring Southwold, Walberswick, and Dunwich, is roughly 21 miles east. The county town of Ipswich lies approximately 24 miles south, and Norwich is around 28 miles to the north.

Queens Street, Stradbroke

Occupying a prominent position close to the heart of Stradbroke, Bank House presents a rare and exciting opportunity to acquire a substantial period property with considerable scope for refurbishment, reconfiguration and enhancement.

Rich in local history and character, the building offers flexible accommodation arranged over two floors and will appeal to investors, developers and purchasers seeking a project with potential, subject to the necessary consents.

Formerly occupied by Barclays Bank before later operating as a dress shop, the ground floor retains a practical layout that lends itself to a variety of future uses. The accommodation currently comprises two generously sized office rooms, a spacious central hallway, kitchen and cloakroom facilities. The versatile nature of the layout creates potential for a range of residential or mixed-use possibilities, subject to the relevant planning and building regulation approvals.

The first floor, known as Bank Flat, has been utilised as residential accommodation by both the current and previous owners since the mid-1990s. The accommodation comprises a sitting room, double bedroom, kitchen and bathroom, providing a self-contained living space.

Prospective purchasers should note that whilst the accommodation has been used residentially for many years, there is no record of planning permission for the residential use on the local authority planning portal and buyers are advised to rely on their own investigations and professional advice.

Externally, a pathway leads to the rear of the property where there is an enclosed garden area together with a useful outbuilding/store, offering valuable outside space and additional storage. The outdoor area provides further opportunity for enhancement as part of any future refurbishment programme.

Offering a blend of historic character, flexible accommodation and significant scope for improvement, Bank House represents an increasingly rare chance to acquire a landmark village property with the potential to create a substantial residence, separate apartments or another configuration suited to a purchaser's requirements, subject to all necessary permissions.

Agent’s Note

This property will be sold freehold and connected to mains water, electricity and drainage.

Prospective purchasers should be aware that part of the property is understood to be subject to a flying freehold Buyers are advised to seek guidance from their solicitor regarding the implications and any associated lender requirements.

The property was granted planning permission under reference 1420/11 for a change of use from offices (Class B1) to a dress shop (Class A1).

The first-floor accommodation has been occupied for residential purposes since the mid-1990s; however, there is no known record of a formal change of use to residential, and purchasers should make their own enquiries and satisfy themselves as to any planning, legal and regulatory matters prior to proceeding.

Disclaimer

Minors and Brady (M&B), along with their representatives, aren’t authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.