Summary - Upper Orwell Street, Ipswich, IP4 IP4 1HW
6 bed 6 bath Block of Apartments
**Standout Features:**
- Prime town centre location
- Fully tenanted with diverse rental income
- Gross annual income: £56,520
- Freehold ownership, providing control and security
- Close proximity to schools and amenities
- Contemporary, well-maintained apartments
**Potential Concerns:**
- Very high crime rate in the vicinity
- Situated in a highly deprived area
- Council tax is above average
Situated in the bustling heart of the town centre, this lucrative block of apartments offers an exceptional investment opportunity for those seeking reliable rental income. Comprising four one-bedroom apartments and one two-bedroom apartment, in addition to a commercial unit, all units are fully occupied, generating a consistent gross income of £56,520 per annum. The freehold ownership ensures complete control over the property, positioning this asset as a secure addition to any investment portfolio.
Designed with contemporary minimalism, the apartments provide comfortable living spaces with fresh finishes, ensuring tenant satisfaction and retention. The property’s strategic town centre location means residents benefit from easy access to essential amenities, public transport, and a vibrant local community. However, potential buyers should note the very high crime rate and above-average council tax, which may influence desirability in the long term.
This block of apartments presents a solid foundation for savvy investors looking to expand their portfolio or dip their toes into property investment. With immediate cash flow and the potential for future appreciation, don’t miss your chance to secure this valuable asset in a competitive market.
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