An "excellent investment" not far away from a popular seafront is set to be auctioned off next month.

Having had a range of uses over the years, people now have "a unique opportunity" to own a two-bed town house which is being offered for sale at auction.

The property - consisting of a converted town house presented as two holiday letting flats - at 9 Trinity Street in Southwold - is situated in the centre of town.

Marketed by Auction House East Anglia, the two-bedroom town house is due to be sold on a freehold tenure at an online auction on Wednesday, June 12, with a guide price of £425,000 to £475,000 plus fees.

Lowestoft Journal: The converted Town House at Trinity Street in Southwold. Picture: Auction House East AngliaThe converted Town House at Trinity Street in Southwold. Picture: Auction House East Anglia (Image: Auction House East Anglia)

The property description from the auctioneers states the "converted town house" is "presented as two holiday letting flats in the centre of Southwold."

With 9 Trinity Street in Southwold previously a fish store in the 1890s, the town's fire station in the 1920s, a butchers for 40 years, an estate agents and most recently a holiday home letting agency prior to becoming a town house, it adds: "A unique opportunity to acquire an excellent turn-key investment in the heart of Southwold just a few steps from the seafront.

"The property comprises a studio flat on the ground floor and a one bedroom flat on the first floor both of which are in exceptional order and produced a gross revenue in excess of 12 per cent of the low Guide Price during the course of 2023.

"The apartments are being sold fully furnished and there's also the option to utilise one as a home whilst generating an income from the other or potentially converting into a single residence -(Subject To Planning Permission) which if adding a balcony to the rear would give outstanding sea views.

"Such opportunities in one of Suffolk's premier seaside towns rarely presents and should not be missed."

According to the auctioneers, the ground floor contains a "studio apartment", with the first floor consisting of a one-bedroom apartment.