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

People now have the chance 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 heart of the town.

Marketed by Auction House East Anglia, and described as a "unique opportunity" that "should not be missed" the two-bedroom town house is due to be sold on a freehold tenure at an online auction on Wednesday, February 7, with a guide price of £475,000 to £525,000 plus fees.

Eastern Daily Press: 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."

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 12pc 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 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.