Agent
2 days ago
156 Views

2 Bed Central Flat Ipswitch

Area: Suffolk
Buy to Let (Tenant in Situ)
£80,000
Bedrooms: 2
Bathrooms: 1
Market Status: ON
Property Purchase Price: £80,000
Fair Market Value: £100,000
GDV (if applicable): 100,000
Price Negotiable?: YES
Monthly Rental Price: £770 /month
Gross Yield: 11.55
Sourcing Fee (including VAT): £2,500
Renovation Costs: £-0.04
Legal Fees: £1,500
Auction Fee: £-0.02

Well maintained and well-presented third floor flat is a short walk to the Ipswich Marina and Train Station, benefiting from two double bedrooms, a lounge with balcony access, under floor heating and one parking space.

Currently tenanted, rent about to be increased t £770 pm (from £700), market rent is £850 – £900 so has the opportunity to deliver a higher yield.

Tenure: Leasehold, years remaining: 100

Ground Rent: £300pa

Annual Service Charge: £3,046

0.7 miles – Ipswich City Centre, 0.5 miles – Ipswich train station  0.3 miles – Co-op  Foodstore  1.4 miles – St Clements Hospital 0.6 miles – University Campus Suffolk  0.2 miles – Hillside Community Primary School (Primary, 3 to 11, Mixed)

Features

Balcony
Close to Amenities
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The Property Equation (Helen Perry)
Member since: 11 months
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Haddenham
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