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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
TYPEResidential
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON27th September 2021

Description

Description

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

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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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