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10 Springland Close, Ipswich, Suffolk, IP4 5BZ

Sold for £86,500
E/Ipswich location... tenanted investment showing a stable, historic yield

Property Details

Description

Situated in the sought-after eastern sector of Ipswich, this ground floor one-bedroom flat offers a self-contained living space. It benefits from a convenient location near amenities and bus services. This property represents a solid residential investment opportunity, as it has had a consistent tenant in occupancy since 2007. Initially leased under an AST (Assured Shorthold Tenancy), it has now transitioned into a periodic tenancy. The flat features a spacious living room with sliding patio doors, a well-appointed kitchen, a comfortable bedroom, and a bathroom. Additionally, it includes double glazing and a charming, well-maintained small garden. Priced with the buy-to-let investor in mind, this property is an excellent choice for expanding any residential portfolio.









Leasehold – 951 years remaining

Key Features

  • TENANTED INVESTMENT
  • EAST IPSWICH
  • IP4 POSTCODE
  • GROUND FLOOR
  • 1 BEDROOM
  • TENANT SINCE 2007
  • PRIVATE GARDEN
  • IDEAL BTL
Tenure

Leasehold

EPC

TBC

Viewing

Sat 8 July - 09:30 - 10:30

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mr Edward Thomson
Kerseys Solicitors
32 Lloyds Avenue
Ipswich
IP1 3HD

Tenancy

AST 2007

Current Yield.

£575 PCM / £6,900 PA

Download Legal Pack

Location

10 Springland Close, Ipswich, Suffolk, IP4 5BZ

*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.