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LONDON ROAD, IPSWICH

£630,000 Guide Price
  • Availability: For Sale
  • Bedrooms: 6
  • Bathrooms: 6
  • Reception Rooms: 2
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Property Summary

Pennington are pleased to offer this whole block of 6 apartments including carpark with 4 of the 6 apartments currently tenanted on an AST tenancies, 2 apartments are currently empty. The property consists of 2 one bedroom self-contained apartments and 4 self-contained studio apartments. All with studio rooms/bedrooms, bathrooms, kitchen/diners. Gas central heating to radiators, good size parking area with spaces for at last one parking space per flat. Outside Drying area. The potential rental value is at least 36k per year. With a potential gross yield of at least 5.71% per year. This is a very rare opportunity to acquire this rarely available buy to Let property. Please call to book your appointment. Communal entrance door into: Communal entrance hall with stairs to all floors, door to the side of the property for access to carpark area: Flat 1 Ground floor Studio Apartment Entrance hall: Studio Room: 13'46 (4'1m) into bay x 10'99 (3.3m) Bathroom: 10'27 (3.1m) x 5'13 (1.5m) Kitchen/Diner 13'72 (4'1m) x 10'80 (3.2m) Flat 2 Ground floor Studio Apartment Entrance hall: Studio Room: 13'43 (4'0m) into bay x 10'93 (3.3m) Bathroom: 10'25 (3.1m) x 5'14 (1.5m) Kitchen/Diner 13'72 (4'1m) x 10'80 (3.2m) Flat 3 First Floor Studio Apartment Entrance hall: Studio Room: 13'05 (4'0m) into bay x 10'11 (3.1m) Bathroom: 10'03 (3.1m) x 5'01 (1.5m) Kitchen/Diner 13'08 (4.0 m) x 10'09 (3.1m) Flat 4 First Floor one bedroom Apartment. Fully re-decorated and New carpets Entrance hall: Large store cupboard Bedoom: 10'91 (3.3 m) x 10'25 (3.1m) Lounge: 13'51 (4.1m) into bay x 11'36 (3.4m) Bathroom: 10'23 (3.1m) x 5'13 (1.5m) Kitchen/Diner 13'68 (4.1m) x 10'82 (3.2m) Flat 5 Second Floor Studio Apartment Entrance hall: Studio Room: 13'05 (4'0m) into bay x 10'11 (3.1m) Bathroom: 10'03 (3.1m) x 5'01 (1.5m) Kitchen/Diner 13'08 (4.0 m) x 10'09 (3.1m) Flat 6 Second Floor One Bedroom Apartment Entrance hall: Large store cupboard Bedroom: 10'92 (3.3 m) x 10'29 (3.1m) Lounge: 13'51 (4.1m) into bay x 11'32 (3.4m) Bathroom: 10'23 (3.1m) x 5'13 (1.5m) Kitchen/Diner 13'71 (4.1m) x 10'77 (3.2m) Outside To the front of the property there is parking area for 3 vehicles . Access under the building to further carpark area with further parking for multiple vehicles. At the end of the carpark drying area for tenants use. All apartments are Council tax band A Rental values currently Flat 1 £500 PCM Flat 2 £505 PCM Flat 3 £500 PCM Potential rental Flat 4 £550 PCM Potential rental Flat 5 £500 PCM Flat 6 £500 PCM The building is sold as a FREEHOLD with 4 curent AST tenancies and 2 currently empty. AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Full Details

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