For Sale By Auction | 11:00, 10 February 2021 | Lot 26

53 Elliott Street, Ipswich, Suffolk, IP1 2HN

Sold After

  • House (unspecified)
  • 5 Bedrooms
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 10/02/2021

Auction Time

11:00

Auction Venue

Livestream Auction

A 5 letting room HMO in first class order throughout

Situated to the west of Ipswich town centre is this particularly well presented 5 letting room HMO which is offered for sale with full vacant possession upon completion. The property was converted to a high standard some 5 years ago and benefits from gas central heating, double glazing and CCTV cameras. The accommodation incorporates 5 letting rooms (4 single & 1 double) communal lounge, kitchen, utility room, 2 shower rooms, a separate WC and all can be found in excellent order and 'ready to go'. When fully let previously the revenue was in the region of £25,000 per annum which represents over 14% of the low Guide Price and is therefore a first class investment opportunity.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating F

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

Kerseys Solicitors, 32 Lloyds Avenue, Ipswich, IP1 3HD, Ref: Brian Smith, Tel: 01473 407111

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

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

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.