Summary - 95 EUSTACE ROAD IPSWICH IP1 5BY
2 bed 2 bath Block of Apartments
Chain‑free two 1‑bed flats, immediate income and quick auction completion for investors.
Freehold block: two self-contained one‑bed flats
Packed as a freehold investment, 93 & 95 Eustace Road comprises two self-contained one‑bed flats in West Ipswich offered at auction with a guide of £125,000–£150,000. The pair already deliver immediate income: one flat let long‑term on a periodic AST, the other recently vacant and requiring only minor cosmetic refresh before re‑letting. Both units have gas central heating and UPVC double glazing, helping keep running costs straightforward for a buy‑to‑let portfolio.
This lot suits investors looking for near‑term yield and modest value‑add. The vendor estimates a combined rental potential around £13,000 pa; with one unit vacant there is scope to increase returns quickly through minor works and re‑letting. Chain‑free and sold at a live broadcast auction, completion terms are quick — 10% deposit on the day, balance typically within 28 days — which benefits buyers ready to proceed.
Material considerations are set out plainly: the property sits in an area with above‑average recorded crime rates, the building dates from before 1900 and walls are assumed to be solid brick with no added insulation, and EPC ratings are C and D. One flat’s tenancy is now periodic so current income is not guaranteed long term. The sale is auction‑based; prospective purchasers must review the legal pack and be prepared for the usual auction conditions, including a £1,200 administration fee on completion.
Buyers should arrange the scheduled open viewing and inspect the legal and EPC documentation before bidding. There are no interior photos in the listing, so on‑site inspection is recommended to verify condition, service history, and any refurbishment scope before committing to the auction purchase.
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