LIVE STREAM AUCTION ON TUE 08/12/2020 AT 11:00
A tenanted second floor flat with a good yield.
Situated on the fringe of the town centre is this second floor flat with an established tenant in situ.
The property offers an open plan living room/kitchen, a bedroom, bathroom and is currently let on an AST at a rent of £404.62 per calendar month.
With a yield representing over 10% of the lower Guide Price we believe this to be a solid investment opportunity.
Term: 199 years from 1987
Ground Rent: £50 per annum
Service Charge: c. £1,500 per annum
Energy Efficiency Rating (EPC)
Current Rating G
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Ipswich Borough Council
Bates Wells & Braithwaite, 29 Lower Brook Street, Ipswich, IP4 1AQ, Ref: Andy Tawell, Tel: 01473 295512
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 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.
Please call Auction House East Anglia on 01473 558 888 to arrange a viewing