This property is not currently available. It may be sold or temporarily removed from the market.

FELIXSTOWE ROAD, IPSWICH

£650,000 Guide Price
  • Type: Apartment
  • Availability: Sold STC
  • Bedrooms: 6
  • Bathrooms: 6
  • Reception Rooms: 6
  • Make Enquiry
  • #image_title
  • View EPC

Property Features

  • BUY TO LET INVESTMENT
  • 6 APARTMENTS
  • PARKING WITH EACH APARTMENT
  • ELECTRIC HEATING
  • 6.25 % GROSS YIELD
  • ALL LET UNDER AST TENANCIES

Property Summary

Pennington is pleased to offer this Block of six self-contained apartments. Five one bedrooms & one studio, all with their own entrance door and come with a bedroom/studio room, kitchen, bathroom/shower room, electric heating, kitchens. All come with 1 parking space and are all occupied under AST tenancies. Currently the block is bringing in an annual rental of £40,680 giving a yield of 6.25% per year.







Location: The property is situated within walking distance of the town centre and just on the east side of the town with only a short walk to Alexandra Park at the top of Bishops Hill. Also its situated within in walking distance to the re-developed Ipswich wet dock with its abundance of pubs and eateries

Accommodation: The Property was converted into apartments and now has 5 one bedroom apartments all with their own doors and some with small outside spaces. All have bedroom apart from one studio, living room, kitchens and bath or shower rooms, electric heating, ground or first floor. All curently are occupied with tenants on AST tenancies mainly out of their fixed term and rolling periodic basis.


Properties:

79 Felixstowe road First Floor Apartment one bedroom Council tax band A EPC BAND 43 E Rent PCM £575 One parking space

79B Felixstowe road Ground Floor Apartment one bedroom Council tax band A EPC BAND 51 E Rent PCM £515 One parking space

81 Felixstowe road Ground Floor Apartment one bedroom Council tax band A EPC BAND 62 D Rent PCM £650 One parking space

81A Felixstowe road First Floor Apartment one bedroom Council tax band A EPC BAND 67 D Rent PCM £625 One parking space

83 Felixstowe road Ground Floor Apartment Studio Council tax band A EPC BAND 67 D Rent PCM £475 One parking space

83A Felixstowe road Split level Apartment one bedroom Council tax band A EPC BAND 42 E Rent PCM £550 One parking space


Total Rents £3390 PCM Yearly Gross Rent £40,680 giving a yield of 6.25% per year


Services

Each flat has electric heating to either storage or electric panel heaters, and all have separate water meters. No gas to these apartments.

Tenure

All apartments are being sold as one block and will be sold Freehold

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 01394 337590.

Full Details

{rtf1ansiansicpg1252deff0deflang2057{fonttbl{f0fswissfprq2fcharset0 Calibri;}{f1fnilfcharset0 Calibri;}{f2fnilfcharset0 Tahoma;}}{colortbl ;red0green0blue0;}viewkind4uc1pardbf0fs22 Location:b0 The property is situated within walking distance of the town centre and just on the east side of the town with only a short walk to Alexandra Park at the top of Bishops Hill. Also its situated within in walking distance to the re-developed Ipswich wet dock with its abundance of pubs and eateries parparb Accommodation:b0 The Property was converted into apartments and now has 5 one bedroom apartments all with their own doors and some with small outside spaces. All have bedroom apart from one studio, living room, kitchens and bath or shower rooms, electric heating, ground or first floor. All curently are occupied with tenants on AST tenancies mainly out of their fixed term and rolling periodic basis. parparparb Properties:parcf1b0f1fs18par79 Felixstowe road First Floor Apartment one bedroom Council tax band A EPC BAND 43 E Rent PCM 'a3575 One parking spaceparpar79B Felixstowe road Ground Floor Apartment one bedroom Council tax band A EPC BAND 51 E Rent PCM 'a3515 One parking spaceparpar81 Felixstowe road Ground Floor Apartment one bedroom Council tax band A EPC BAND 62 D Rent PCM 'a3650 One parking spaceparpar81A Felixstowe road First Floor Apartment one bedroom Council tax band A EPC BAND 67 D Rent PCM 'a3625 One parking spaceparpar83 Felixstowe road Ground Floor Apartment Studio Council tax band A EPC BAND 67 D Rent PCM 'a3475 One parking spaceparpar83A Felixstowe road Split level Apartment one bedroom Council tax band A EPC BAND 42 E Rent PCM 'a3550 One parking spaceparparfs17parcf0bf0fs22 Total Rents 'a33390 PCM Yearly Gross Rent 'a340,680 giving a yield of 6.25% per year parb0parparb Services parb0parEach flat has electric heating to either storage or electric panel heaters, and all have separate water meters. No gas to these apartments.parparb Tenure parb0parAll apartments are being sold as one block and will be sold b Freehold b0parbparAML REGULATIONS & PROOF OF FUNDING:b0 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.parparb Lettings parb0 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 01394 337590.parparparf2fs17par}