Acuitus · 29 Oct 2026 · in 10 days
Freehold Specialist Care Investment
Fryers Walk, 53 Castle Street, Thetford, IP24 2DL · East of England
LiveLandFreeholdLet
- Guide
- £2,250,000
- Rent a year
- £203,697
- Yield on the guide
- 9.1%
- Payback
- 11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 15,592 sq ft£13.06 rent per sq ft
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.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Acuitus hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Acuitus' record
Acuitus' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold land lot in 53 Castle Street. Producing £203,697 a year, a 9.1% gross yield at the guide.
Freehold Specialist Care Investment. Entirely Let to Royal Mencap Society until 2035 (No breaks). Annual CPI linked rent reviews, 1% and 4% cap and collar. Tenant option to renew for a further 20 years (3). Comprises six self contained buildings with 33 individual suites. Total floor area of 1,449 sq. m. (15,592 sq. ft.). Site area of 0.39 Ha (0.96 Acres). Future residential development potential (subject to consents). VAT-free investment. The property comprises a purpose built care home arranged as six self-contained buildings. Four of the buildings form part of terraces and two are detached. The property is arranged around a private cul-de-sac and currently provides 34 single bedroom suites. Fryers Walk is located centrally within Thetford, less than half a mile east of the main town square, to the north of Castle Street. The immediate surrounding area is predominantly residential, with the wider commercial and leisure amenities of the town in close proximity. Tenure: Freehold. Rent: £203,697 per Annum Exclusive
Figures come from Acuitus' 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.