For Sale By Auction | 11:00, 08 May 2025 | Lot 104

159 Norwich Road, Ipswich, Suffolk IP1 2PP

*Guide | £240,000 - £260,000 (plus fees)

  • Block of Apartments
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Thu 08/05/2025

Auction Time

11:00

Auction Venue

Livestream Auction

A Freehold investment comprising 4 one bedroom flats

On the western outskirts of town and convenient for a range of amenities you'll find this Grade II LIsted four storey property divided into four self contained one bedroom flats. Three of the flats are let to established tenants and produces and income of £19,320 per annum whilst the basement flat is vacant and in need of some improvements. To the rear beyond the garden is parking space for 4 cars and with a potential annual yield approaching 10% of the Low Guide price this is certainly an investment opportunity that shouldn't be passed by.

Tenure

Freehold

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating D

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

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 - £1140 inc VAT payable on exchange of contracts.

Administration Charge - £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.