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12
Lot 13
14

95 Burrell Road, Ipswich, IP2 8AD

Sold for £210,000
Historic yield of 14% at low Guide... 9-bed HMO, well-maintained in Ipswich

Property Details

Description

We understand this 9 letting room HMO is fully compliant with Ipswich Borough Council and over the last 36 months has yielded £82,335.
Minutes from Ipswich Railway Station with direct trains into London and within walking distance of the town centre and Waterfront, the location is in-demand with renters.Sold fully furnished, the well-maintained living space over 3 floors incorporates 7 single and 2 double bedrooms, 2 modern kitchens, 2 shower rooms and 2 WCs. Each bedroom has its own independent card metering system for electricity consumption.

The property is now vacant and ready for new investors to embark upon its management.

Key Features

  • HUGE 14% PA YIELD
  • 9-BED COMPLIANT HMO
  • VACANT TERRACED
  • FULLY FURNISHED
  • CLOSE IPSWICH T/C
  • NEAR RAILWAY STATION
  • WELL-MAINTAINED
  • PHOTOS/PLAN ONLINE
  • DOWNLOAD LEGAL PACK FOR FIGURES/DETAILS
Tenure

Freehold

EPC

F

Viewing

Thu 15 Feb 11:30 - 12:30
Sat 17 Feb 15:30 - 16:30
Tue 20 Feb 14:00 - 15:00

Solicitors

Mrs Jennifer Carter
Haywards Solicitors
7-9 Tavern Street
Stowmarket
IP14 1PJ

Location

95 Burrell Road, Ipswich, IP2 8AD

*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.