**Standout Features:**
- Prime multi-unit freehold investment
- 4 apartments: 2x three-bedroom, 1x two-bedroom (private courtyard), and 1x one-bedroom
- Strong rental income potential: Total of £4,610/month (approx. 8% yield)
- Ample off-road parking and well-maintained outdoor space
- Convenient urban location in a culturally diverse neighborhood
- Freehold ownership simplifies management
**Concerns:**
- High crime rates in the local area
- Property condition may require renovation to maximize potential
This exceptional block of apartments on Norwich Road, Ipswich, presents an outstanding investment opportunity for discerning buyers. With a total of four apartments under one freehold title, this property offers significant rental income potential with liveable spaces that meet modern tenant needs. The two spacious three-bedroom units command rents of £1,200 and £1,350 per month, while the charming two-bedroom apartment with a private courtyard brings in £1,250, and the cozy one-bedroom unit yields £910.
Set in a vibrant, urban area, this property boasts excellent connectivity with fast broadband and mobile signals, making it an attractive option for tenants. However, prospective buyers should be aware of the higher crime rates in the vicinity. The Georgian architecture lends itself to further restoration, adding potential appeal to future tenants and a smart enhancement for any investor. With ample off-street parking and a welcoming outdoor space, this unique opportunity invites you to capitalize on a solid addition to your property portfolio—don't miss out!
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