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11
Lot 11a
12

Flat 3, 8 Dalton Road, Ipswich, Suffolk, IP1 2HT

Guide price £45,000 - £55,000*
Over 11% yield... first floor studio flat close Ipswich town centre

Property Details

Description

A first-floor studio flat located in a quiet area just to the west, and within walking distance, of Ipswich town centre. A good selection of local shops, restaurants and healthcare amenities are all close by. The building appears in solid condition with recently redecorated stairwell and replacement uPVC windows throughout. This flat also enjoys the benefit of an allocated parking space in a gated parking area to the rear. The property is currently let on an 6 month AST from June 2021 at a rent of £425pcm / £5,100pa demonstrating over 11% return at low guide.

A strong investment opportunity for any residential portfolio in an ideal rental location.

Key Features

  • BTL INVESTMENT
  • 6 MONTH AST
  • FIRST FLOOR STUDIO
  • OVER 11% YIELD
  • IPSWICH TOWN CENTRE
  • FLOORPLAN ONLINE
  • VIDEO TOUR ONLINE
Tenure

Leasehold

EPC

TBC

Viewing

Sat 17 Jul 11:00 - 11:30

Solicitors

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

Tenancy

AST from June 2021

Current Yield.

£425 pcm / £5,100 pa

Download Legal Pack

Location

Flat 3, 8 Dalton Road, Ipswich, Suffolk, IP1 2HT

*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.