Available to cash purchasers only is this first floor apartment which has secured allocated parking, a balcony and underfloor heating

Available to CASH PURCHASERS ONLY is this two double bedroom first floor apartment which is located in the heart of Ipswich town centre. Along with a secure allocated car space the apartment has en-suite shower room, an open-plan living/dining room and kitchen with integrated appliances. There is double glazed windows through and underfloor heating. Although vacant can be offered to any potential purchaser the property is currently let on a periodic tenancy and the tenant has indicated a desire to remain.

The accommodation is accessed via an entrance hall which has stairs and a lift access to all floors. The apartment itself has a hallway with storage cupboard and there is an open-plan sitting/dining space which has doors off to a balcony. The sitting/dining space leads into a kitchen area which is equipped with a range of base units, wall cupboards, work tops and drawers. Integrated appliances include a four-ring hob, electric oven, extractor hood, dishwasher, fridge/freezer and washing machine.

Bedroom one has an en-suite shower room comprising a shower, basin and WC. Bedroom two is also a double bedroom. There is a separate bathroom with bath, basin and WC. The property is recessed from the main Wolsey Street by communal gardens which is accessed via a secure entry system. There is also a secure allocated car space.

AVAILABLE TO CASH BUYERS ONLY (recent transactions on this development have suggested that lenders are currently unlikely to grant a mortgage until the works have been completed)
We understand from The Management Company that an External Wall Survey determined the cladding on the top two floors of the building must be replaced in accordance with EWS1 regulations. A surveyor was appointed in 2022 to instigate the Government Cladding Replacement Funding Scheme. At the current time the Management Company are unable to comment on cost implications for Leaseholders. Recent legislation has reduced Leaseholder liability by making the Freeholder responsible.


Location

The property is conveniently situated for access to Ipswich town centre and mainline railway station. Ipswich itself offers a wide range of every day local shops and amenities including pubs, restaurants and bars including a vibrant Waterfront area.

Directions

Leaving Ipswich town centre in a south westerly direction on Princes Street. At the traffic lights turn left into Franciscan Way. Then take the second right into Wolsey Street where the property can be found immediately on the right.

Important Information

Council Tax Band - C
Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Leasehold
EPC rating - C
Our ref - SDG

Length of lease - 125 years from 2007
Ground rent - £175 per annum
Service charge - £1537.72 per annum
Subject to confirmation from the management company and these charges are for the current year and maybe subject to change.