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9
Lot 10
11

72A Cauldwell Hall Road, Ipswich, IP4 4QE

Sold for £80,000
Freehold/Leasehold tenanted investment... East Ipswich

Property Details

Description

This ground floor flat is offered on a leasehold basis together with a share of the Freehold. Currently let on a new AST the investment is yielding circa 10% at low Guide.
Just East of Ipswich town centre, the convenient location gives access to local facilities, shops and bus services.
The living space is seen to be in good order: lounge with kitchen off, inner hallway, bedroom, bathroomand benefits from uPVC double glazing, gas central heating (n/t) and the bonus of off-road parking.

This Lot represents a strong investment proposal and will complement any residential portfolio.

Key Features

  • TENANTED 1-BED FLAT
  • EAST IPSWICH
  • GOOD CONDITION
  • GAS C/H (N/T), D/GLAZED
  • 1 x PARKING SPACE
  • NEW AST – GOOD YIELD
  • SHARE OF FREEHOLD
  • EXCELLENT INVESTMENT
  • 1 x OPEN VIEWING
Tenure

Share of Freehold

EPC

C

Viewing

Sat 25 Nov 12:30 - 13:30

Solicitors

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

Tenancy

6 Month AST from October 2017

Current Yield.

£495 pcm, £5,940 pa

Location

72A Cauldwell Hall Road, Ipswich, IP4 4QE

*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.