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43 Woodbridge Road, Ipswich, IP4 2ED

Sold for £124,000
Tenanted terraced investment... Ipswich town centre location

Property Details

Description

This 2 bedroom terraced property has been a home to the existing tenant for approx. 4 years, originally held on an an AST basis, reverting to a Periodic Tenancy arrangement.
The convenience of location, adjacent to both Ipswich town centre and major bus routes, means that either as an investment, or indeed a speculative resale proposition, this property offers plenty of opportunity.The layout comprises: 2 receptions, fitted kitchen, tanked basement, 2 bedrooms and first floor bathroom.

Presented in reasonable condition with electric heating (n/t) and some double glazing, viewing is strongly advised to appreciate the potential.

Key Features

  • TENANTED INVESTMENT
  • EAST IPSWICH T/C
  • FITTED KITCHEN
  • 2 BEDS/1ST FLOOR BATH
  • ELECTRIC HEATING (N/T)
  • SOME DOUBLE GLAZING
  • £580 PCM / £6,960 PA
  • FLOORPLAN ONLINE
  • 1 VIEWING ARRANGED
Tenure

Freehold

EPC

F

Viewing

Sat 25 Nov 11:00 - 12:00

Solicitors

Mr Andrew Jacobs
Andrew Jacobs Conveyancing
Unit L
Betts Avenue
Martlesham Heath Business Park
IP5 3RB

Tenancy

Originally an AST now a Periodic Tenancy

Current Yield.

£580 pcm, £6,960 pa

Location

43 Woodbridge Road, Ipswich, IP4 2ED

*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 £900 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.