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Lot 10
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15 A,B,C & D Clarkson Street, Ipswich, Suffolk, IP1 2JB

Sold for £264,000
11.7% Freehold residential investment... 4x flats in W/Ipswich Town Centre

Property Details

Description

Located on the fringe of Ipswich town centre and within easy walking distance, is this freehold property thats been converted into 4 self-contained flats with a good choice of convenience stores and local amenities on its doorstep. The accommodation comprises of a large inner hallway serving two of the flats, stairs down to a large basement level apartment with courtyard garden, and stairs up

serving an additional flat. Three of the apartments have separate bedrooms, with one more suited as a studio. Being offered fully let on AST’s, with next to zero void periods in the last 5 years, we believe this Lot to offer as a strong residential investment opportunity in a high rental demanded area. Returning £23,100 per annum / 11.7% annual return on a freehold property – not to be missed.

Key Features

  • 4X FLATS
  • RESIDENTIAL INVESTMENT
  • ALL LET ON AST
  • £23,100 PA
  • WEST T/CENTRE
  • FREEHOLD
  • UPVC D/G
  • GAS C/H
  • 11.7% YIELD
  • FULLY COMPLIANT
Tenure

Freehold

EPC

D D E C

Viewing

Fri 15 Sept 14:00 - 15:00

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mr Nick Attwell
Attwells Solicitors
Sun Buildings,
35-37 Princes St,
Ipswich
IP1 1PU

Current Yield.

Flat A - £525 pcm
Flat B - £400 pcm
Flat C - £500 pcm
Flat D - £500 pcm

£1925 pcm / £23,100 pa

Download Legal Pack

Location

15 A,B,C & D Clarkson Street, Ipswich, Suffolk, IP1 2JB

*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.