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1 & 3 Blanche Street, Ipswich, Suffolk, IP4 2EJ

Auction Date:  September 24, 2025
Sold for £208,000
2x Two-bedroom flats... High yield investment 10%+ return

Property Details

Description

Situated in the heart of Ipswich town centre, just a two-minute walk from the main high street, this freehold property comprises two self-contained two-bedroom flats, each with the benefit of parking. The ground floor flat also enjoys a private courtyard garden. Both units are let to long-standing tenants, one in occupation since 2012 and the other since 2020, both now holding periodic tenancies. Current rents are £500 pcm and £525 pcm, producing a combined annual income of £12,300. At the guide price this represents a return in excess of 10%, making this an exceptional opportunity to secure a strong-yielding investment in a prime central location with reliable tenants and ongoing demand.

Key Features

  • IPSWICH TOWN CENTRE
  • 2 MINS TO HIGH STREET
  • 2 X 2 BED FLATS
  • BOTH SELF CONTAINED
  • PARKING INCLUDED
  • GF WITH COURTYARD
  • INCOME £12,300 PA
  • 10%+ YIELD AT GUIDE
Tenure

Freehold

EPC

D & E

Viewing

Sat 13 Sep - 11:15 - 12:15

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mr Oliver Ray
Barker Gotelee
41 Barrack Square
Martlesham Heath
Ipswich
IP5 3RF

Tenancy

1 - AST from 2012 now periodic
3 - AST from 2020 now periodic

Current Yield.

1 - £500 pcm / £6,000 pa
3 - £525 pcm / £6,300 pa

Download Legal Pack

Location

1 & 3 Blanche Street, Ipswich, Suffolk, IP4 2EJ

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £1,200 inclusive of VAT. Other fees disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.