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1 bedroom terraced house for sale
Bramford Road, Ipswich, Suffolk, IP1
£215,000
Bramford Road, Ipswich, Suffolk, IP1
£215,000
Our Summary
- ***FANTASTIC COMMERCIAL INVESTMENT OPPORTUNITY***£215,000-£220,000This commercial property is available to purchase with two existing commercial tenants, bringing in a combined rental yield of £1,500pcm
Description
This commercial property in Bramford Road is a fantastic investment opportunity, available for purchase at a price of £215,000-£220,000. The property, which spans 83 square meters, is currently tenanted by a bakery and a barber shop, both long-term established tenants that bring in a combined rental income of £1,500 per calendar month. This means that the new owner would have an immediate source of income with no need to secure new tenants, making it a low-risk investment. Additionally, the stamp duty on commercial properties is only 2% on anything over £150,001, resulting in a payment of £1,499.98, with no ground rent or service charges payable. This property presents a dream investment opportunity for anyone looking to start generating a steady income with minimal effort.