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.