Next Auction
8
Lot 9
10

121 Mallard Way, Ipswich, Suffolk, IP2 9LZ

Sold for £128,500
Refurbished 2-bed first floor maisonette... high demand ready-to-let

Property Details

Description

This investment is immediately ready to let having only just become vacant and subsequently been the subject of a redecoration programme.
Situated on the southern side of Ipswich within a small block which is predominantly municipally-owned, and as a result, the communal areas and gardens are seen to be well presented and maintained. Local facilities, shops, schools and bus services are all close to hand.

The spacious first-floor property benefits from gas central heating and upvc double glazing. The accommodation comprises large lounge, kitchen, two bedrooms and bathroom with ample cupboard storage. With a potential yield in the region of £7,800pa and low running costs, we consider this Lot to offer an ideal low-maintenance investment opportunity.

Key Features

  • LARGE 2 BED FLAT
  • FIRST FLOOR
  • READY TO LET
  • HIGH YIELD POT.
  • GAS C/H
  • UPVC WINDOWS
  • FLOORPLAN ONLINE
  • VIDEO TOUR ONLINE
Tenure

Leasehold

EPC

C

Viewing

Thu 26 Nov 15:00 - 16:00
Sat 28 Nov 12:30 - 13:30
Wed 02 Dec 14:00 - 15:00
(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mrs Beth Greig
Holmes & Hills
Bocking End
Braintree
CM7 9AJ

Location

121 Mallard Way, Ipswich, Suffolk, IP2 9LZ

*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.