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5 bed semi-detached house
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Our Summary
- Sale by Modern Auction (T&Cs apply)
- AN EXCELLENT INVESTMENT OPPORTUNITY WITH IMMEDIATE YIELD
- The property benefits from a large rear garden with gated rear access and further potential to enhance income
- DescriptionIdeally located just moments from Ipswich mainline railway station, offering direct links to London Liverpool Street, this converted semi detached property provides five self contained apartments, making it an excellent investment opportunity for commuter led demand
- Positioned on Gippeswyk Road, the property benefits from superb transport connections, close proximity to the town centre, and a large rear garden with further potential to enhance rental income
- The property represents an excellent investment opportunity, with the majority of units currently tenanted and producing an immediate rental income of £35,400 a year
- Auctioneer's CommentsThis property is offered through Modern Method of Auction
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Description
The property is a substantial semi-detached building converted into five self-contained apartments, ideally located near Ipswich Station and the town centre. The five apartments comprise a mix of one-bedroom flats and studio apartments, with a large rear garden and double gates providing vehicular access. Currently, four of the five apartments are rented to produce a total annual income of £35,400.
The property has a potential to enhance rental income and create off-road parking, making it an attractive investment opportunity.