Next Auction
9
Lot 10
11

13 Turin Street, Ipswich, Suffolk, IP2 8DQ

Sold for £118,000
3 bedroom terraced property... established, long standing tenant

Property Details

Description

With the same tenant for over a decade, this Lot demonstrates a fine example of a consistently yielding investment property. It is located just to the south of Ipswich town centre, close to the waterfront, station, university and local facilities and shops, in an established traditional residential area. The mid-terraced house enjoys uPVC double glazing and gas central heating and is street-lined with a small enclosed rear garden. Originally tenanted on an AST basis, the terms have now evolved into a standard, rolling, periodic tenancy. With 3 bedrooms on the first floor and 2 receptions, kitchen and bathroom on the ground, this Lot is guided below market value for the auction buyer.

Key Features

  • 3 BEDROOM
  • ESTABLISHED TENANTS
  • STRONG YIELD
  • SOUTH IPSWICH
  • CLOSE STATION
  • UPVC D/G
  • GAS C/H
  • FLOORPLAN ONLINE
  • VIDEO TOUR ONLINE
Tenure

Freehold

EPC

TBC

Viewing

Sat 24 Apr 15:15 - 16:15
(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Ms Clare Best
Ashtons Legal
Chequers House
77-81 Newmarket Road
Cambridge
CB5 8EU

Tenancy

AST from 04/2011
Now periodic

Current Yield.

£530pcm / £6,360 pa

Location

13 Turin Street, Ipswich, Suffolk, IP2 8DQ

*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 £720 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.