Siloam Place, Ipswich, Suffolk, IP3 0FB

ATTENTION INVESTORS! If you’re looking for a great investment opportunity, this 2-bedroom ground floor apartment with no onward chain could be just what you’re after. Currently achieving £750pcm (bringing in a yield of 7.2%) and situated close to the Marina and town centre, this well-proportioned apartment features open plan Lounge/fitted kitchen, bathroom and permit parking around the property. All viewings accompanied, call us today to arrange yours.
Communal Entrance Hall
First Floor
Hallway – 3.5m (11.37″) x 1.1m (3.76″)
Door to storage cupboard housing hot water storage tank, intercom phone system situated here.
Bedroom 1 – 3.8m (12’31”) x 3.0m (9’96”)
Double bedroom with double glazed front facing window, electric radiator.
Bedroom 2 – 4.3m (14’05”) x 2.4m (7’79”)
Double bedroom, double glazed front facing window, electric radiator.
Kitchen – 3.8m (12’59”) x 2.5m (8’05”)
Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink and a draining board, space and plumbing for washing machine, space for fridge/freezer, built-in electric oven and electric hob with extractor hood over, Double glazed rear facing window.
Living Room – 4.4m (14’32) x 3.0m (9’74”)
Large electric radiator, 1x rear facing double glazed window, 1x door onto garden section.
Bathroom – 2.6m (8’67”) x 1.7m (5’61”)
Towl rail, bath with shower attachment and H+C tap, heater, sink with mixer tap, extractior fan and WC.
Outside
The apartment comes with one parking space with permit plus one visitor pass. There is also a communal courtyard stle garden to the rear of the property with access via the communal hallway.
EPC RATING C
COUNCIL TAX BAND B
Tenure – Leasehold
Length of Lease – 125 years from 24th June 2006 Years remaining 109
Current Ground Rent – £250
Annual Service Charge – Home from Home £2027.76
N.B The property is currently let on an AST tenancy until 12/11/2022 and then periodic after this date current rent £750 PCM
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.
Lettings
Pennington also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call Robert Ulph on 01473 214343.
Coytes Gardens, Ipswich, Suffolk, IP1 1PS

PENNINGTON are pleased to be able to offer this two bedroom third floor(top floor) apartment located in the heart of Ipswich town centre. The property comprises;spacious lounge/diner, fitted kitchen with oven and hob and fridge, bathroom with bath, shower-attachment and two double bedrooms both with build in wardrobes. The property benefits from gas central heating and early viewing highly recommended.The property has the potential to bring in £850 pcm rental value with a gross Yield of 10.2%.