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Flat 401, The Spectrum Dunlop Road, Ipswich, IP2 0UJ

Sold for £70,000
Investment opportunity... 1 bedroom flat yielding over 13% at low guide

Property Details

Description

This exceptionally high yielding investment takes the form of a 1 bedroom self-contained flat situated on the fourth floor of this recently converted building. The Spectrum block offers well presented communal areas, lift and stair access to all levels a secure entry system and even a residents gym. Located on the southern side of Ipswich the property provides very convenient access to the main A12/A14 road network, train station, major supermarkets and bus services into the town. The accommodation comprises: hall, open plan living/kitchen, bedroom and shower room.

Key Features

  • HIGH YIELD INVESTMENT
  • 13% AT LOW GUIDE
  • TENANTED INVESTMENT
  • RECENTLY CONVERTED
  • 1 BEDROOM FLAT
  • GOOD ROAD ACCESS
  • FLOORPLAN ONLINE
  • VIEWING 7 JULY
Tenure

Leasehold

EPC

TBC

Viewing

Tue 10 Jul 10:00 - 11:00

Solicitors

Ms Candy Morris
Pulham & Co Solicitors
Egmere House
Market Place
Saxmundham
IP17 1AG

Tenancy

6 Month AST from March 18'

Current Yield.

£550pcm / £6,600pa

Location

Flat 401, The Spectrum Dunlop Road, Ipswich, IP2 0UJ

*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.