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9 Sun Lane, Woodbridge, IP12 1EG

Sold for £190,000
Rare tenanted investment, centre of Woodbridge… charming 2-bed cottage

Property Details

Description

Seconds from the Thoroughfare, this tenanted and rarely available investment opportunity presents a traditional, tastefully renovated 2-bedroom cottage in the heart of Woodbridge’s town centre.
Renowned for healthy property price growth, this riverside town offers a fashionable lifestyle, great facilities, handy for the A12/London rail links.
Living space: sitting room, kitchen and shower room on the ground floor with 2 bedrooms on the first floor. The well-maintained interior enjoys a feature fireplace, modern kitchen and bathroom, gas central heating (n/t), some double-glazing with a courtyard garden outside.

Currently the subject of an AST yielding £600 pcm, alternative uses as a holiday let, bolt-hole or long-term resale endorse this as a solid investment prospect.

Key Features

  • PRICED TO SELL
  • TENANTED INVESTMENT
  • WOODBRIDGE CENTRE
  • PRETTY 2-BED COTTAGE
  • WELL-MAINTAINED
  • GAS C/H (N/T)/SOME D/G
  • COURTYARD GARDEN
  • YIELDING £600 PCM
  • VIEWING SAT 28 APR
  • DOWNLOAD LEGAL PACK
Tenure

Freehold

EPC

C

Viewing

Sat 28 Apr 11:00 - 12:00

Solicitors

Mr James Robbins
Marshall Hatchick Solicitors
37 High Street
Aldeburgh
IP15 5AU

Tenancy

AST ends Sep 2018

Current Yield.

£600 pcm / £7,200 pa

Location

9 Sun Lane, Woodbridge, IP12 1EG

*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 £1,200 inclusive of VAT. Other fees disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.