2 bedroom apartment for sale

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2 bedroom apartment for sale

Siloam Place, Ipswich, Suffolk, IP3
£119,500

Our Summary

  • If you're looking for a great investment opportunity, this 2-bedroom ground floor apartment with no onward chain could be just what you're after

Description

This 2-bedroom ground floor apartment is located near the Marina and town centre and is currently generating a yield of 7.2% through rent of £750 per month. The apartment features an open plan Lounge/kitchen, 2 bedrooms, 1 bathroom, and a permit parking space. The property is leasehold with 125 years remaining on the lease and a current ground rent of £250. The annual service charge is £2027.76, and the property is currently let on an AST tenancy until November 2022 with a rent of £675 per month.
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