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95 Darwin Road, Ipswich, Suffolk, IP4 1QD

Sold for £165,000
3-bed tenanted investment in East Ipswich... same tenants for 19 years

Property Details

Description

In East Ipswich, this tenanted investment property features a 3-bedroom terraced house, offering a stable income with the same tenants for almost 20 years. The property was originally let on an Assured Shorthold Tenancy (AST) that has now become periodic tenancy, indicating a long-term, reliable rental situation. Benefits of the property include 2 reception rooms, a fitted kitchen, gas fired central heating and uPVC double glazing and an enclosed rear garden. This investment presents an excellent opportunity for those looking to enter or expand within the rental market, benefiting from an established tenant relationship in a sought-after area.

Key Features

  • TENANTED INVESTMENT
  • EAST IPSWICH
  • TENANTS FOR 19 YEARS
  • 3 BEDROOMS
  • RENTAL DEMAND AREA
  • £8,400 PA
  • GAS C/H
  • UPVC D/G
Tenure

Freehold

EPC

D

Viewing

Sat 17 Feb 11:30 - 12:30

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Miss Millie Jay
Birketts LLP
Providence House
141-145 Princes Street,
Ipswich,
IP1 1QJ

Tenancy

AST from 2005 now periodic

Current Yield.

£700 pcm / £8,400 pa

Download Legal Pack

Location

95 Darwin Road, Ipswich, Suffolk, IP4 1QD

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £1,200 inclusive of VAT. Other fees disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.