Income-producing flat with modern finish and allocated parking, close to town centre.
No onward chain; tenants in situ paying £850pcm
Allocated off-street parking
Recently redecorated with new flooring and new bathroom suite
Gas central heating and double-glazed windows throughout
Third-floor flat accessed via communal stairs (no lift)
Service charge approx £1,302.27pa; ground rent £125pa
Lease length c.104 years remaining
Area records higher crime and very deprived local indicators
This third-floor, two-bedroom flat in Ipswich is offered with no onward chain and tenants in situ paying £850pcm, making it an immediately income-producing purchase.
The apartment has been recently redecorated with new flooring and a new fitted bathroom. Practical features include gas central heating, double-glazed windows and allocated off-street parking. The living room and main bedroom include built-in storage and balcony access from some rooms; overall size is around 628 sq ft.
Readily managed as a buy-to-let, the property sits close to the town centre, shops and public transport. Important cost considerations are a service charge of about £1,302.27pa, ground rent of £125pa and a lease with approximately 104 years remaining. There is communal stair access to the third floor (no lift) and the surrounding area records higher crime and relative deprivation, which will influence tenant demand and long-term capital growth.
EPC rating C and Council Tax Band A are practical positives; buyers should verify rent continuity and factor service charges, ground rent and local area risk into their investment appraisal.
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