7 bed block of flats for sale

124 High Street, Lakenheath, Brandon, Suffolk IP27

For sale by auction on Wednesday, 09 Dec 2026 at 10:00

Venue: Livestream Auction

A block of four apartments generating an annual income of £52,800 located in Lakenheath

This block of four apartments has been converted from a former hotel. The property comprises one 2-bedroom apartment, two 1-bedroom apartments and one 3-bedroom apartment. All four apartments are currently let, generating a combined annual rental income of £52,800 (£4,400 pcm). The property also benefits from plenty of parking to the rear.

Location
Located in Lakenheath, a well-connected village in West Suffolk, offering a range of local amenities and situated within easy reach of the wider towns of Brandon, Thetford and Bury St Edmunds. RAF Lakenheath is a short drive away which contributes to demand for rental accommodation in the area.

Council Tax Band
Flat 1- A

Flat 2- A

EPC Rating: E

Additional Fees
Buyers Premium: £1500 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.