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Lot 20
21

49 Parade Road, Ipswich, Suffolk, IP4 4BH

Guide price £90,000 - £110,000*
Tenanted investment / refurbishment opportunity... North East Ipswich

Property Details

Description

A unique investment/refurbishment opportunity situated in Ipswich’s highly desirable northeastern sector convenient for shops, schools, and facilities. The property is currently let on on an original AST, now periodic, from 2007. The property offers an opportunity for refurbishment as and when it becomes vacant. There are currently 2 receptions, a kitchen and bathroom on the ground with 3 bedrooms on the first floor. The property has double glazing and there is evidence of gas fired central heating, although this is currently out of commission and is likely to require attention. Outside the gardens, front and rear are heavily overgrown.

Key Features

  • NORTH EAST IPSWICH
  • END OF TERRACE
  • TENANTED PROPERTY
  • REQ. REFURBISHMENT
  • UPVC D/G
  • OVERGROWN GARDEN
  • VIDEO TOUR ONLINE
Tenure

Freehold

EPC

D

Viewing

Sat 27 Nov 14:30 - 15:30

(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 2007 now periodic

Current Yield.

£610 pcm / £7,320 pa

Download Legal Pack

Location

49 Parade Road, Ipswich, Suffolk, IP4 4BH

*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.