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Lot 5
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Flat 5, Rosewarne Villas, 86 Berners Street, Ipswich, Suffolk, IP1 3LU

Guide price £75,000 - £100,000*
Tenanted residential investment... established occupancy since 1990

Property Details

Description

Situated in the highly sought-after central Ipswich location, at the top of Berners Street, is this quality first-floor flat. Nestled near Christchurch Park, this stunning conversion from 1989, was developed into seven high-quality residential units. The 1-bedroom accommodation boasts gas central heating, beautifully proportioned rooms, and communal parking. It is the subject of a Statutory Assured Tenancy, and has been the home of the same tenant since 1990. A rare gem with historical roots, this flat offers both well-proportioned, comfortable accommodation and a stable and solid investment opportunity.

Key Features

  • CENTRAL IPSWICH
  • CHRISTCHURCH PARK
  • 1ST-FLOOR FLAT
  • 1 BEDROOM
  • GAS HEATING
  • COMMUNAL PARKING
  • LONG-TERM TENANT
  • STABLE INVESTMENT
Tenure

Leasehold

EPC

C

Viewing

No viewing available

Solicitors

Mr Ben Burgin
In-House Legal Team
G2M Group
Habodel House
Hayfield Business Park
Field Lane, Buckley
Doncaster
DN9 3FL

Tenancy

Statutory Tenancy from 1990

Current Yield.

£512.45 pcm / £6,149.40 pa

Location

Flat 5, Rosewarne Villas, 86 Berners Street, Ipswich, Suffolk, IP1 3LU

*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.