A spacious first floor flat providing an excellent rental return
Situated on the western fringe of the town centre is this spacious 2 bedroom first floor flat presented in good order throughout. The property benefits from a large open plan living area with built-in kitchen appliances and is currently let on a 6 month AST expiring in August 2019 at a rent of £620 per calendar month (£7,440 pa). With a gross yield of over 11% in relation to the low Guide Price we believe this to be an excellent addition to any rental portfolio.
Tenure
Leasehold
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
Amicus Law, Regional Rural Business Centre, Market Way, North Petherton, TA6 6DF, Ref: Simon Morgan, Tel: 01278 247055
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 - £600 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.