Next Auction
12a
Lot 13
14

49 Orford Road, Felixstowe, Suffolk, IP11 2ET

Guide price £150,000 - £175,000*
Freehold tenanted investment... 2 self-contained one bedroom flats

Property Details

Description

There is consistently high demand from tenants seeking convenient access to the Port of Felixstowe, town center, seafront, and main roads. We are pleased to present this semi-detached freehold investment, which has been converted into two self-contained one-bedroom flats. During the inspection, we were unable to access the first-floor flat; however, according to the vendor, it offers similar accommodation to the ground floor. The GF features a fitted kitchen, lounge, bathroom, and bedroom. Both flats are equipped with gas central heating, double glazing, and have access to a garden area currently used for parking. This property offers a sensible residential investment opportunity with the added benefit of dual income and provides security for prospective investors.

Key Features

  • HIGH YIELDING
  • 2X 1 BED FLATS
  • GAS C/H
  • DUAL INCOME
  • UPVC D/G
  • FREEHOLD
  • 2X GARDENS
  • SAFE BTL PROPERTY
Tenure

Freehold

EPC

C-C

Viewing

Sat 8 July - 13:00 - 14:00

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

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

Tenancy

49A - AST 2020
49B - AST 2014

Current Yield.

49A - £545 PCM
49B - £545 PCM

£1090 PCM / £13,080 PA

Location

49 Orford Road, Felixstowe, Suffolk, IP11 2ET

*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.