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Lot 18
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5 Surrey Road, Ipswich, Suffolk, IP1 2LE

Guide price £90,000 - £110,000*
3 Bedroom mid-terraced house... tenanted in high demand area

Property Details

Description

This 3 bedroomed mid terraced house is located in an area for which there is always strong demand from the rentals market, making it an ideal investment prospect for any residential portfolio. The property is tenanted on a periodic tenancy that has rolled from an AST, which commenced in 2014. Like the neighbouring properties under the same ownership, maintenance has been to a high standard, including gas fired central heating and uPVC double glazing. This property enjoys a connected lounge and dining room together with a ground floor bathroom. Although street lined to the front, there is a very useable sized rear garden.

Key Features

  • 3 BEDROOMS
  • TENANTED INVESTMENT
  • WELL MAINTAINED
  • ENC. GARDEN
  • GAS C/H
  • UPVC D/G
  • FLOOR PLAN ONLINE
Tenure

Freehold

EPC

D

Viewing

Sat 18 Sep 9:30 - 10:30

(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 2014 now periodic

Current Yield.

£590 pcm / £7,080 pa

Download Legal Pack

Location

5 Surrey Road, Ipswich, Suffolk, IP1 2LE

*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.