Sold Prior | Lot 12

Flat 3, 2A Lower Brook Street, Ipswich, Suffolk, IP4 1AP

Sold Prior

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 05/05/2021

Auction Time

11:00

Auction Venue

Livestream Auction

A refurbished first floor flat investment opportunity

This first floor flat couldn't be more centrally located and has a broad range of amenities on its doorstep. The property offers fully refurbished 2 bedroom accommodation and has been let to Ipswich Borough Council for 3 years from 1st March 2021 with a guaranteed rent of £608 per calendar month. With a gross annual yield of over 7% in relation to the Guide Price this is without doubt an excellent investment and a worthy addition to any portfolio.

Tenure

Leasehold

Please refer to Legal Pack

Energy Efficiency Rating (EPC)

Current Rating D

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 Margarets Green, Ipswich, IP4 2BN, Ref: Emma Barnard, Tel: 01473 228019

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 £1140 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.