A car park in Ipswich with 29 parking spaces is up for auction with a guide price of £30,000. 

The lot also comes with a strip of land and is located off Spring road in the east of the town and is within walking distance of the town centre. 

Ipswich Star: Ipswich car park off Spring Road is up for auction. Picture: Auction HouseIpswich car park off Spring Road is up for auction. Picture: Auction House (Image: Auction House)

Currently nine of the spaces are let on yearly licences and generate £3,725 per annum including an adminstration fee. 

Fully let, the income could be around £12,000 and the site may also lend itself to electric vehicle charging stations, which would be subject to required consents.

Ipswich Star: There are 29 parking spaces available. Picture: Auction HouseThere are 29 parking spaces available. Picture: Auction House (Image: Auction House)

A spokesman for Auction House East Anglia, who are auctioning the property, said: "With more and more vehicles on the roads we believe this to be an excellent investment opportunity."