This first-floor studio apartment is being sold by auction on March 12, 2025, with a guide price of £50,000 to £70,000. The property is located in a well-maintained block in Ipswich, offering a large studio room, separate kitchen, and separate bathroom. The apartment has been continuously let to the same tenant since 2020, producing £575 per calendar month, and benefits from low service charges of approximately £330 every six months. The property also includes an allocated parking space and is conveniently positioned for local shops, facilities, and bus services. With its periodic tenancy and producing income, this property is an ideal addition to any residential portfolio.