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Lot 11
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145 Ranelagh Road, Ipswich, Suffolk, IP2 0AF

Sold for £163,000
Tenanted 3-bedroom terraced house... South Ipswich with strong yield

Property Details

Description

Located in South Ipswich, this tenanted 3-bedroom terraced property presents an ideal buy-to-let investment with a strong yield. The home features a convenient ground floor bathroom and benefits from being within walking distance of Ipswich train station, making it attractive for commuters. Its proximity to the A12/14 trunk roads enhances connectivity and accessibility. Currently occupied by tenants, this property offers a reliable income stream from day one, making it a sound choice for investors seeking a property with established rental returns. Priced for the auction market, this property is an appealing option for those looking to invest in the Ipswich area.

Key Features

  • 3-BED TERRACED HOUSE
  • 10% AT LOW GUIDE
  • TENANTED INVESTMENT
  • STRONG YIELD
  • SOUTH IPSWICH
  • NEAR A12/14 ROADS
  • CLOSE TRAIN STATION
  • PRICED FOR AUCTION
  • UPVC D/GLAZING
  • GAS C/H
Tenure

Freehold

EPC

D

Viewing

Sat 14 Sept 11:30 - 12:30

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

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

Tenancy

AST from 2021
Now periodic

Current Yield.

£1,050 pcm / £12,600 pa

Download Legal Pack

Location

145 Ranelagh Road, Ipswich, Suffolk, IP2 0AF

*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.