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Guide price
£695,000

9 bedroom block of apartments for sale

Norwich Road, Ipswich, IP1
Block of apartments
9 beds
4 baths
3602
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Prime multi unit freehold investment
  • 4 Apartments
  • Ample Off Road Parking
  • 2 x 3 Bedroom £1200pcm & £1250pcm
  • 1 x 2 Bedroom, (Private Courtyard) £1000pcm
  • 1 x bedroom £915pcm
  • Freehold One Title

INVESTMENT. Nestled within the heart of a sought-after neighbourhood, this exceptional townhouse presents a prime multi-unit freehold investment opportunity. Boasting four individual apartments, this property offers a lucrative rental potential along with the convenience of ample off-road parking for residents. The two larger apartments feature three bedrooms each, commanding rental incomes of £1200pcm and £1350pcm, respectively. The third apartment, a charming two-bedroom unit with a private courtyard, offers a rent of £1250pcm. Completing the ensemble, the one-bedroom apartment provides a steady income stream of £915pcm. This freehold property is all under one title, simplifying ownership and management for the discerning investor looking for a hassle-free opportunity.

Outside, the property features a well-maintained and landscaped outdoor space. With its strategic location and attractive amenities. This townhouse caters to the modern living needs of tenants while promising a solid long-term return for the savvy investor seeking a sound addition to their property portfolio.

The existing apartments offer a the following accommodation,

Apartment A - £1100pcm

Apartment B - £1250pcm

Apartment C - £1200pcm

Apartment D - £915pcm

Total Income £4610pcm - (8% Yield)

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Area statistics

Crime score
High crime
10/10

About this agent

Joseph Property - Ipswich
Joseph Property - Ipswich
25 Queen Street Ipswich IP1 1SW
01473 559927
Full profileProperty listings
Our belief is that we ‘treat your home as if we, the directors, were selling ours’, so ensuring the very best marketing, to highlight all selling aspects of the home, as well as offering unparalleled service advice and communicating throughout, to offer our support. Selling homes can be unnecessarily stressful, and throughout my 15 years in Agency, I have learnt ways to eliminate the unnecessary stresses, to not only speed up the house sale, but ensure a smooth transaction, which will be remembered as a positive experience. We are working with our local firms and tradesmen, such as House Removals, solicitors and Mortgage Advisers, to offer a One-Stop-Shop for all that need it, and we look forward to working with you soon.
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