Sold £63,000
- Flat
- 1 Bedroom
- Tenure: Leasehold
Call the team on 01473 558 888 for more information
A tenanted first floor flat producing a strong rental yield.
To the west of the town centre is this purpose built one bedroom flat with an allocated parking space. The property was fully refurbished in 2020 and is currently let on a Periodic AST at a current rent of £570 per calendar month (£6,840 per annum) which represents a gross yield of over 11% in relation to the low Guide Price. A first class addition to any rental portfolio.
Tenure
Leasehold
Leasehold Information
Term: 99 years from 24 July 1973 (50 years remaining) Annual ground rent amount: £25 Ground rent review period: To be advised Annual service charge amount: £540 Service charge review period: To be advised
Council Tax Band
A
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Ipswich Borough Council
Solicitors
Kerseys Solicitors, Ref: Brian Smith, Tel: 01473 407111
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Floor Plans
Click the image to view the full-sized floorplan.
