Summary - ST. GEORGES COURT 24 ST GEORGES STREET IPSWICH IP1 3LH
2 bed 1 bath Flat
Compact, newly refreshed investment near town conveniences.
Newly refurbished two-bedroom first-floor flat, 538 sq ft
Currently tenanted — rental income £875 pcm (£10,500 pa)
Allocated off-street parking space in gated courtyard
Long lease: 960 years remaining
Low service charge: £760 per year
Small overall size; compact rooms throughout
Area classified very deprived with high local crime rate
Leasehold tenure; sold to investors only
This newly refurbished two-bedroom first-floor flat in a gated courtyard development is offered to investors only, as it is currently let for £875 pcm. At 538 sq ft it’s compact but well-presented, with a modern galley kitchen, gas central heating and double glazing throughout. An allocated off-street parking space adds practical value for a central location.
The apartment’s long lease (960 years remaining) and low annual service charge (£760) reduce holding costs and simplify long-term planning. Accommodation includes a lounge/diner, two bedrooms, bathroom and useful storage; the layout suits tenants seeking affordable, central rental close to Ipswich town centre and local amenities.
Buyers should note material local factors: the area is classified as very deprived with a high local crime rate. The flat’s small overall size and inner-city setting may limit appeal to downsizers looking for more space or buyers seeking a quiet suburban neighbourhood. The property is sold leasehold and is currently tenanted, so viewings and vacant possession arrangements will be subject to tenancy terms.
Overall this is a straightforward, low-maintenance rental investment with immediate income and low service charges, best suited to investors comfortable with urban lettings and the realities of a higher-crime, high-demand rental market.
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