For Sale By Auction | 11:00, 24 July 2024 | Lot 23

Apartment 401, 16-18 Princes Street, Ipswich, Suffolk IP1 1QU

*Guide | £50,000 - £60,000 (plus fees)

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold.

Call the team on 01473 558 888 for more information

Auction Date

Wed 24/07/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Modern one bedroom apartment situated in Ipswich town centre

Located in the centre of Ipswich with shops and restaurants within walking distance, this one bedroom, fourth floor apartment with lift access. The property features a modern shower room, fitted kitchen, lounge and a spacious bedroom. Potential rental income of £795 pcm (£9,540 per annum).

Tenure

Leasehold.

Leasehold Information

Term: 125 years from 24 March 2016 (117 years remaining) Annual ground rent amount: £300.00 Ground rent review period: To be advised Annual service charge amount: £1,200.00 Service charge review period: To be advised

Council Tax Band

A

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

PCS Legal (Basildon), Ref: Leanne Sallis, Tel: 01268590003

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 - £1140 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.