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Auction House UK · 21 Oct 2026 · in 2 days

Detached NHS office building on large 0.3 acre plot offering potential

Allington, 2 Allington Smith Close, Oulton, Lowestoft, Suffolk NR32 3JW · East of England

LiveOfficeFreeholdVacant

Detached NHS office building on large 0.3 acre plot offering potential
Guide
£200,000
Rent a year
≈£20,400est.
Yield on the guide
≈10.2%est.
Payback
≈9.8 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
D

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

D from the government EPC register, lodged 11 Sept 2026 (certificate 7845-7173-5839-6216-3856). Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Auction House UK's record

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About the lot

Freehold office lot in Lowestoft. Offered vacant, so there's no income from day one.

Lot 153, Commercial Property. Detached NHS office building on large 0.3 acre plot offering potential: This detached office building extends to around 139 sq/m and occupies a good size 0.3 acre plot. It has oil fired central heating, off road parking and has been vacant for a number of years. It requires improvement and there is the potential to convert into residential accommodation, subject to the necessary consents being obtained. The property is located around two miles north west of Lowestoft near a comprehensive range of services and amenities. On instruction of the NHS. Tenure: Freehold. Ground floor: Hallway, wc, kitchen, two offices. First floor: Landing, four offices, bathroom, wc. Outside: Front and rear garden in need of attention, off road parking. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Solicitors: Birketts (Ipswich), Ref: Isaac Craft, Tel: 01473 232300

Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.