A tenanted terraced house on the popular east side of Ipswich

Conveniently situated for Copleston and St Albans schools as well as Ipswich hospital and BT is this tenanted mid terraced house producing a rental income of £687.50 per calendar month (£8250 per annum) The property presents rendered elevations under a tiled roof and offers accommodation briefly comprising: entrance lobby, lounge/dining room, kitchen, ground floor bathroom and 2 double bedrooms. There is also the benefit of gas central heating to radiators. Currently let on a 6 month AST from July 2016, just 2 months' notice to the tenant would be required would be required for vacant possession giving owner occupier opportunity, but with a yield of well over 6% at the low end of the Guide Price this also represents a first class investment.

Tenure

Freehold

Note

Please be advised that a Buyer’s Premium of £900 (£750 + vat), in addition to the Administration Fee, will be payable by the purchaser at the point of signing the contracts.

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Ipswich Borough Council. Tel: 01473 432000

Solicitors

Michael Smith & Co, Clarence House, 21 St Margaret's Green, Ipswich, Suffolk IP4 2BN, Ref: Emma Porter, Tel: 01473 226231

Additional Fees

Buyer's Premium - £900.00 (£750 + VAT) payable on exchange of contracts.

Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.