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Former Ipswich cannabis factory in need of major restoration goes under the hammer with Goldings Auctions




Potential home-owners in Ipswich could snap up a former cannabis factory which is due to go on auction this month.

The end-of-terrace house, in Gibbons Street, is being 'sold as seen' but police have removed any incriminating evidence of the cannabis farm which it once housed.

The three-bedroom property, which also has two reception rooms, will go under the hammer in a live broadcast auction held by Goldings Auctions on September 30.

Auctioneer Tim Golding at the house which used to be used as a cannabis farm (42283887)
Auctioneer Tim Golding at the house which used to be used as a cannabis farm (42283887)

It has a guide price of between £50,000 and £70,000, with auctioneer Tim Golding adding that it needs 'major refurbishment'.

“The house was recently used as a cannabis farm. It has been cleared out by the police but there is still a lot of the detritus from its former use scattered throughout the house," he said.

“It really does need major refurbishment, and the buyer who takes on the job will have to do the complete works, including clearing everything out.

A former cannabis factory in Ipswich is up for auction(42283885)
A former cannabis factory in Ipswich is up for auction(42283885)

But it has potential with three good-sized double bedrooms upstairs, plus it must be one of the cheapest houses to come on the market locally for quite some time, so possibly an investment project for someone with vision.”

Mr Golding added that there was damage to the main electrics which, although made safe, would need to be addressed.

Due to coronavirus, viewings of the property must now be pre-booked in ten minute slots. A maximum of two people can view the house during the slot and must wear facemasks.

The viewing slots for the Gibbons Street house are 11am-12pm on Friday and 4-5pm on Saturday.

To book a slot, call 01473 210200.

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