1 bedroom flat for sale
Key information
Features and description
- 4th Floor flat, Currently let at £820 PCM
- Fitted kitchen area
- Balcony
- Double bedroom
- Waterfront location
- Strong investment
- Guide price: £70,000 - £80,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 10th December 2025
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 10TH DECEMBER 2025 AT 10:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A 4th floor waterfront apartment.
Within the Neptune Marina building on Ipswich waterfront is this 4th floor flat.
The property offers one bedroom accommodation including a fitted kitchen and balcony and is currently let on a 6 month tenancy from March 2004 (now rolling) with a rent of £820 per calendar month, however the tenant has given notice and will be vacating on or before 10th December.
With a gross annual yield of around 14% relative to the Guide Price we see this as a solid investment.
Council Tax Band B
Tenure: Leasehold
Lease Details: 125 years from 2004
EPC Rating: C
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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