1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Investment Opportunity
- Recently replaced double glazing
- New Roof
- Close to local amenities
Guide Price £75,000 to £80,000 Leasehold. Investment or first purchase. A well presented one bedroom first floor flat located on the western outskirts of Ipswich, close to local amenities approx. 2 miles from Ipswich town centre and the mainline railway station. Accommodation includes lounge, kitchen, bedroom and shower room. The property has electric heating, recently replaced double glazed windows and benefits from a new roof. Currently let at £525 pcm giving a gross yield of approx. 8.4%.
Sealed unit double glazed door to:
Entrance Hall: Store cupboard, staircase to first floor .
Landing: Rointe electric radiator, artexed ceiling, smoke detector, Sealed unit double glazed window to side, venetian blind, doors to:
Shower Room: Comprising white suite comprising Triton shower within fully tiled shower cubicle, wash hand basin, low level flushing suite, vinyl flooring, Sealed unit double glazed window to front with venetian blind.
Kitchen: 7’8 x 6’10 (2.3m x 2.1m) Beech fronted units, 1.5 bowl single drainer sink unit with mixer tap and cupboards and drawers below, work surface with cupboard and space for appliances, eye level units, vinyl flooring, artexed ceiling, Sealed unit double glazed window to rear, Belling free standing electric cooker.
Bedroom: 10’1 x 8’10 (3.1m x 2.7m) Rointe electric radiator, TV point, Sealed unit double glazed window to rear, alcove with shelving, artexed and coved ceiling.
Lounge: 11’5 x 10’ (3.5m x 3.1m) Alcove with shelving, artexed and coved ceiling, Sealed unit double glazed window to front, TV point, telephone point, electric radiator.
The property has a garden to the front laid to grass
Services:
We understand from the landlord that mains water, electricity and drainage are connected to the property.
Agent’s Notes:
Lease details:
A new lease will be granted upon the sale of the property extending the current term by 90 years thereby giving a total lease length of 155 years. Share of the Freehold will be transferred upon completion, No ground rent payable. Service charges to be agreed between owners of freehold (2 flats). Owners responsible for their own buildings insurance.
Investment details:
The property is currently let on an periodic tenancy created June 2022 at a rent of £525 pcm.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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Energy Performance data and Internal floor area: obtained on April 15, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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