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Agent's details

Spring Court, Spring Road, Ipswich, Suffolk, IP4

For sale: £3,650,000.00|25,624 Sq Ft|Residential

Property details

FOR SALE£3,650,000.00
SIZE25,624 Sq Ft
ADDRESSSpring Court, Spring Road, Ipswich, Suffolk, IP4
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON27th September 2021



Freehold student investment comprising 24 flats. Currently at 94% let for Academic Year 2021/22 with current gross rent reserved for 2021/22 (inclusive of bills) £376,836. Situated in an excellent location with the historic port town and within a short walking distance from University of Suffolk, Suffolk New College and Ipswich Hospital. Further information available at https://datarooms.allsop.co.uk/register/springcourt/. The subject property is available for sale by way of Private Treaty and offers are invited in excess of £3,650,000 subject to all existing tenancies, subject to contract. For further information please contact Luke Davenport or Philip Woolner on 01223 271 974 / luke.davenport@cheffins.co.uk / philip.woolner@cheffins.co.uk.

Freehold Student Investment

Income producing and 94% let for Academic Year 2021/2022

For Sale by Private Treaty

Guide Price offer reflects a gross yield of 10.32% based on the current gross rent received

( Agency Pilot Software Ref: 204276 )


Location: Spring Court, Spring Road, Ipswich, Suffolk, IP4

Derby Road (0.7 miles)

Ipswich (1.3 miles)

Westerfield (1.7 miles)

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