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Lot 11
12

72B Cauldwell Hall Road, Ipswich, IP4 4QE

Sold for £92,000
Tenanted freehold/leasehold 2-bed 1st floor Maisonette... East Ipswich

Property Details

Description

A 2-bed 1st floor Maisonette on the regarded eastern side of Ipswich within easy reach of amenities, schools, the University of Suffolk, Ipswich Hospital and regular bus services.
The accommodation is well-maintained with the generous layout providing: entrance hallway with stairs to the first floor, lounge, fully fitted kitchen/diner, 2 bedrooms and bathroom.Benefits include uPVC double glazing, gas central heating (n/t) and an allocated parking space to the rear.

This leasehold flat with a share of the Freehold offers a solid investment prospect with a newly agreed AST yielding around 10% at low Guide.

Key Features

  • TENANTED INVESTMENT
  • 1ST FLOOR MAISONETTE
  • EAST IPSWICH
  • GOOD ORDER
  • FITTED KITCHEN
  • 2 BEDROOMS
  • GAS C/H (N/T), D/GLAZED
  • 1 x PARKING SPACE
  • SHARE OF FREEHOLD
  • SOLID YIELD+INVESTMENT
Tenure

Share of Freehold

EPC

C

Viewing

Sat 25 Nov 12:30 - 13:30

Solicitors

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

Tenancy

6 Month AST from September 2017

Current Yield.

£575 pcm, £6,900 pa

Location

72B Cauldwell Hall Road, Ipswich, IP4 4QE

*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.