- Freehold mixed-use block: 4 shops/offices and 4 flats, fully let
- Total current rental income £41,040 pa
- Believed Grade II listed; Conservation Area restrictions apply
- Single rear parking space; limited on-site parking
- Heating by electric panels/night storage heaters
- Very high local crime and very deprived area classification
- Close walk to Suffolk University campus and Ipswich Waterfront
- Compact unit sizes; may need refurbishment and specialist repairs
A freehold mixed-use block in central Ipswich, offered as a fully let investment with current gross rental income of £41,040 per annum. The period building contains four ground-floor shops/offices and four flats above, providing diversified income streams and immediate cashflow.
The property is believed to be Grade II listed and sits in a Conservation Area close to the town centre, university campus and waterfront — strong location drivers for tenants and footfall. Accommodation includes compact commercial units, four flats (mostly one- and two-bedroom layouts) and a small rear yard with a single parking space and rear access to Bond Street.
There are material considerations for a purchaser: listed status and Conservation Area restrictions will complicate alterations and repairs. Heating is by electric panel or night storage heaters, and the building’s traditional timber-frame and solid brick construction may need specialist maintenance. Crime levels in the immediate area are noted as very high and the neighbourhood is classified as very deprived — factors that influence tenant mix, insurance and management needs.
This is a clear buy-to-let opportunity for an investor or portfolio buyer seeking immediate rental income and uplift potential through active asset management. Budget for listed-building compliant works, targeted refurbishment of units, and proactive property management to mitigate area-specific risks.
