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427 Bramford Lane, Ipswich, IP1 5JH

Sold for £123,000
3 storey, 3 bedroom end-terraced investment... established yield

Property Details

Description

This exceptionally well-presented investment property is located on the western side of Ipswich with local facilities, schools and bus services all close at hand. The accommodation spans 3 floors and comprises; 2 reception rooms, kitchen and bathroom on the ground floor with 2 beds on the first and a large third bedroom on the second floor. Enjoying an open aspect to the front, the property further benefits from gas central heating (n/t) and uPVC double glazing. We understand that the existing tenants have been in situ since 2008 and are very keen to continue their tenancy if the opportunity is available.

A very clean, tidy investment that must be viewed.

Key Features

  • TENANTED INVESTMENT
  • 3 BEDROOMS
  • 2 RECEPTIONS
  • GAS C/H (N/T)
  • DOUBLE GLAZING
  • OPEN ASPECT TO FRONT
  • FLOORPLAN ONLINE
Tenure

Freehold

EPC

D

Viewing

Sat 4 May 15:45 - 16:45

Solicitors

Mr Mark Lomas
Hayward Moon Property Lawyers
Connexions
159 Princes Street
Ipswich
IP1 1QJ

Tenancy

Periodic
Original AST from Dec 2008

Current Yield.

£600 pcm / £7200 pa

Location

427 Bramford Lane, Ipswich, IP1 5JH

*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.