Next Auction
6
Lot 6a
7

16 Levington Road, Ipswich, IP3 0NJ

Guide price £140,000 - £160,000*
Tenanted 3 bedroom semi detached family home... East Ipswich

Property Details

Description

We are delighted to bring to the auction market this 3 bedroom semi detached property which is tenanted to a young family who are meticulous in the maintenance of their home. The original tenancy was an AST granted in July 2017 which has now evolved into a periodic tenancy.
The property enjoys 2 reception rooms, kitchen and bathroom on the ground floor and 3 bedrooms on the first. Other benefits include gas central heating (n/t), uPVC double glazing and an enclosed rear garden with off road parking.

As an investment, this is a well-proportioned house in a sought-after area, benefitting from reliable tenants with established renting history.

Key Features

  • TENANTED INVESTMENT
  • 3 BEDROOMS
  • GAS C/H (N/T)
  • EAST IPSWICH
  • UPVC D/GLAZING
  • ENCLOSED GARDEN
  • OFF ROAD PARKING
  • ESTABLISHED TENANT
  • £8,880 PA
Tenure

Freehold

EPC

E

Viewing

Sat 4 May 12:15 - 13:15

Solicitors

Mr Mark Lomas
Hayward Moon Property Lawyers
Connexions
159 Princes Street
Ipswich
IP1 1QJ

Tenancy

Periodic
Original AST from July 2017

Current Yield.

£740 pcm / £8880 pa

Location

16 Levington Road, Ipswich, IP3 0NJ

*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.