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93 & 95 Eustace Road, Ipswich, Suffolk, IP1 5BY

Auction Date:  September 24, 2025
Sold for £160,000
2 x One bedroom flats, West Ipswich... Freehold investment

Property Details

Description

Located in West Ipswich, between Bramford Road and Bramford Lane, this purpose-built freehold property comprises two self-contained one-bedroom flats. Both units benefit from gas central heating, UPVC double glazing, and their own private gardens. Flat 93 is currently let at £560 pcm, with the same tenant in occupation for over four years and now holding a periodic tenancy. Flat 95 is recently vacant and would benefit from only minor cosmetic enhancement prior to reletting. Fully occupied, the property offers a potential rental income in the region of £13,000 per annum. This represents an excellent investment opportunity in a strong letting area, combining immediate income with scope to improve returns.

Key Features

  • WEST IPSWICH LOCATION
  • FREEHOLD PROPERTY
  • 2 X 1 BED FLATS
  • GAS CENTRAL HEATING
  • UPVC DOUBLE GLAZING
  • FLAT 95 NOW VACANT
  • POT. YIELD CIRCA £13,000 PA
Tenure

Freehold

EPC

C & D

Viewing

Sat 13 Sep - 09:15 - 10:15

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mrs Sharon Livermore
Kerseys Solicitors
32 Lloyds Avenue
Ipswich
IP1 3HD

Tenancy

93 - AST from 2021 now periodic
95 - Vacant

Current Yield.

93 - £560 pcm / £6,720 pa

Download Legal Pack

Location

93 & 95 Eustace Road, Ipswich, Suffolk, IP1 5BY

*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.