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1 bedroom apartment for sale
31 Norwich Court, Chevallier Street, Ipswich, Suffolk, IP1 2PA
£50,000
31 Norwich Court, Chevallier Street, Ipswich, Suffolk, IP1 2PA
£50,000
Our Summary
- For sale by auction on 03/12/2025 at Live Broadcast Auction Lot Number 7 31 Norwich Court Chevallier Street Ipswich Suffolk IP12PA Guide Price: £50,000 - £70,000 A freshly refurbished, now vacant, third floor self-contained studio apartment, offering an ideal ready-to-let investment
- Offering a very high yield potential with low running costs this ready-to-let investment must be viewed by serious investment buyers
- Tenure: Leasehold EPC: E WEST IPSWICH LOCATION REFURBISHED STUDIO SEPARATE KITCHEN & BATHROOM ALLOCATED PARKING £700 PCM POTENTIAL CIRCA 16% PROJECTED YIELD Open viewings have been arranged for: Thu 20 Nov - 12:30 - 13:30 Sat 22 Nov - 12:30 - 13:30 Tue 25 Nov - 12:30 - 13:30 (10 Minute viewing slots MUST be pre-booked) Vendors
Description
This third-floor studio apartment is being sold at auction on March 12, 2025, with a guide price of £50,000 to £70,000. The property has been freshly refurbished and is now vacant, making it an ideal ready-to-let investment opportunity. The studio apartment features a well-sized living space, separate kitchen, and bathroom, as well as allocated parking. With a projected rental income of £700 per month, the property is expected to generate a yield of around 16% per annum, making it an attractive investment opportunity for serious buyers. The property is located in a well-maintained block in a western area of Ipswich, with easy access to local amenities. Viewings are available by appointment only on specific dates.