For Sale By Auction | 11:00, 03 June 2020 | Lot 46b

9 Alexander House, 19-23 Fore Street, Ipswich, Suffolk, IP4 1JW

Sold After

  • Semi-Detached House
  • 1 Bedroom
  • Tenure: Leasehold. 125 years from 2019

Call the team on 01603 505 100 for more information

Auction Date

Wed 03/06/2020

Auction Time

11:00

Auction Venue

ONLINE

A semi detached mews style cottage in a central location.

Situated in the heart of town is this semi detached cottage tucked away well back from the road. The property has been built to a high standard with good quality fittings to the accommodation which comprises a well proportioned open plan living room/kitchen with built-in appliances, a cloakroom and a large double bedroom with en-suite shower room. The property is currently let on an AST at £675 per calendar month (£8100 per annum) and which expires on 12th June 2020. With a gross annual yield of over 10% based on the low end of the Guide Price this is sure to be of considerable investor interest. Lease - 125 years from 2019 Ground Rent - £250 per annum Service Charge - c. £880 per annum

Tenure

Leasehold. 125 years from 2019

Energy Efficiency Rating (EPC)

Current Rating C

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

Solicitors

Attwells Solicitors, Sun Buildings, 35-37 Princes Street, Ipswich, IP1 1PU, Ref: Joseph Harrison, Tel: 01473 229200

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 inc VAT, payable on exchange of contracts.

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