Summary - 60 CULLINGHAM ROAD IPSWICH IP1 2EG
2 bed 1 bath Terraced
Chain-free Victorian rental in town-centre location, yielding 6.1% gross.
Chain-free two-bedroom mid-terrace with tenants in situ
A two-bedroom mid-terrace Victorian house in West Ipswich, offered chain-free with tenants in situ. Located a short walk from the town centre and mainline station, this property currently returns a gross yield of 6.1%, making it a clear income opportunity for investors seeking an immediate let.
The house is compact and solidly built (circa 1900–1929) with period brickwork and original features, but it requires modernization throughout: dated windows, basic central heating, and presumed solid brick walls with no cavity insulation. The small rear garden is low maintenance but the plot is limited. Local area indicators show high crime and very high deprivation, which affects tenant profile and long-term capital growth prospects.
Sold freehold and with tenants in place, this property suits a hands-on investor or landlord comfortable managing refurbishment and rental occupation. Major strengths are location, rental income, and no onward chain; drawbacks are the need for updating, limited plot size, and local area challenges. Accurate budgeting for renovation and ongoing management is recommended prior to purchase.
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