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8 Menai Court, Bowthorpe Close, Ipswich, IP1 3QB

Sold for £85,000
High-yielding residential investment... sought-after North Ipswich location

Property Details

Description

This purpose-built ground floor flat was constructed in the 1970s and is located to the North of Ipswich town centre in the highly regarded area close to Christchurch Park, off Anglesea Road.
Presented in good condition and spacious, offering an ample sitting room and double bedroom plus well-fitted kitchen and bathroom.
Having partly double glazed windows the property also enjoys a single garage with off-street parking in front for 1 vehicle.

We consider this opportunity to be a strong residential investment with a new 12-month AST in place.

Key Features

  • RESIDENTIAL INVESTMENT
  • CHRISTCHURCH PARK
  • PURPOSE-BUILT FLAT
  • WELL-MAINTAINED
  • PARKING & GARAGE
  • NEW 12-MONTH AST
  • STRONG 10% YIELD
  • PLAN & PHOTOS ONLINE
Tenure

Leasehold

EPC

G

Viewing

Sat 17 Sept 11:15 - 12:15

Solicitors

Mrs Dawn Smy
Attwells Solicitors
Sun Buildings
35-37 Princes Street
Ipswich
IP1 1PU

Tenancy

12-month AST from September 2016

Current Yield.

£525 pcm / £6300 pa

Location

8 Menai Court, Bowthorpe Close, Ipswich, IP1 3QB

*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.