1 bed flat

This is a rare investment opportunity to purchase a one-bedroom apartment in a prime residential area of Ipswich, close to Christchurch Park. The apartment is currently tenanted and generates an income of £695 per month. It is part of a converted boarding house, with communal gardens and ample car parking.

The apartment has a separate kitchen, living room, bedroom, and bathroom, and is offered with one freehold share of the total 15 shares in the development. The service charge is approximately £942.47 every six months, and there is an extraordinary charge of £1,725 per apartment for fire safety improvements. The apartment is located in a popular area with easy access to the town center, railway station, and road networks.

The property is being sold with the benefit of a 10-year lease, and the vendor is willing to consider offers in excess of £140,000.