Summary - 9 SILOAM PLACE IPSWICH IP3 0FA
2 bed 2 bath Flat
Larger-than-average two-bed, two-bath apartment near Ipswich waterfront with parking.
Two bedrooms and two bathrooms, larger-than-average flat (approx. 730 sq ft)
Open-plan lounge/kitchen with Juliet balcony and built-in appliances
Two off-street parking spaces and pleasant communal gardens
Currently tenanted (periodic) — suits investors or vacant possession possible
Leasehold: c.108 years remaining; service charge about £1,950 p.a.
Ground rent £250 p.a.; factor when budgeting and financing
Electric/storage heaters — potentially higher running costs than gas
Inner-city location with higher crime levels; check local safety measures
This first-floor two-bedroom, two-bathroom apartment sits on the popular Modus development off Duke Street, a short walk from Ipswich waterfront and the town centre. The open-plan living area with Juliet balcony and fitted kitchen gives a roomy feel across about 730 sq ft, while two off-street parking spaces and pleasant communal gardens add practical appeal.
Currently let on a periodic tenancy, the property suits investors seeking immediate rental income; vacant possession is also feasible for buyers wanting to move in. The lease has around 108 years remaining. Annual outgoings include a service charge of approximately £1,950 and ground rent of £250.
Accommodation is straightforward and well-presented with laminate flooring in the main living space, built-in kitchen appliances, an en-suite to the principal bedroom and a separate bathroom. Heating is by electric/storage heaters; rooms are a good size for the floor area.
Notable considerations: the development sits in an inner-city area with higher-than-average crime levels, and electric heating can mean higher running costs compared with gas. Broadband is average and council tax is Band B (relatively low). Buyers should budget for ongoing service charges and factor the leasehold status into financing plans.
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