Next Auction
9a
Lot 10
11

336 Landseer Road, Ipswich, Suffolk, IP3 0EL

Guide price £120,000 - £140,000*
Regulated HMO, S/E Ipswich...

Property Details

Description

A vacant semi-detached house, converted to an HMO in South East Ipswich with a good selection of local facilities nearby. The property is double-glazed and has been recently updated within the last 2 years to include gas c/h (n/t), fitted kitchen, modern bathroom with compliant fire doors and smoke detectors throughout. The layout offers a shared living room, kitchen, and bathroom together with 5 good-sized bedrooms.
Please note that this fully regulated investment presents a potential LHA yield of £14,760 pa, with the opportunity to top this up at local market level to £16,900 pa (£65 per room per week).

Key Features

Tenure

Freehold

EPC

D

Viewing

Mon 22 Feb 12:00 - 13:00
Wed 24 Feb 10:00 - 11:00

Solicitors

Mr Edward Thomson
Kerseys Solicitors
32 Lloyds Avenue
Ipswich
IP1 3HD

Location

336 Landseer Road, Ipswich, Suffolk, IP3 0EL

*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.