Summary - Flat 1, 1, Mimas Way, IPSWICH IP1 5DP
2 bed 1 bath Apartment
Ready-made rental income with allocated parking and strong transport links.
Newly refurbished two-bedroom first-floor apartment, 603 sq ft
This newly refurbished two-bedroom first-floor apartment is offered as an investment with tenants in situ, producing £1,050 PCM. The open-plan living area and fitted kitchen make efficient use of the 603 sq ft layout, with laminate flooring throughout and a modern tiled bathroom with mixer shower. An allocated off-street parking space and secure telecom entry add practical convenience.
Practical running costs are reasonable: a below-average service charge of £155 per year and a low council tax band. The property benefits from gas central heating, double glazing and good broadband and mobile signal. Transport links are strong for commuters, with easy access to Ipswich town centre, the A14 and A12.
Important considerations: this is a leasehold sale — the lease length is not specified and the ground rent is high (£1,361.62 pa), which will affect long-term affordability and resale. The flat is on the first floor reached by steps, so there is no confirmed lift access. Sale with sitting tenants means the buyer will inherit the existing tenancy.
Suited to investors looking for a ready-made rental income in an established commuter location, the apartment also offers straightforward low-maintenance accommodation for an owner-occupier willing to accept tenancy arrangements and investigate lease terms further.
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