Immediate rental income with long lease and allocated parking in town centre.
Recently redecorated throughout and ready for rental occupation
Tenants in situ until April 2026 — immediate rental income
Exterior remedial works ongoing; cash buyers only until completion
Allocated off-street parking included
Lease length ~117 years — healthy remaining term
Service charge ~£2,800pa; ground rent £350pa
Local broadband very slow; may limit broadband-dependent tenants
Area records very high crime rates — may affect demand
This sixth-floor two-bedroom apartment in Focus Apartments offers a straightforward income opportunity in Ipswich town centre. Recently redecorated throughout, the flat presents well-maintained living space with an open lounge/kitchen, en-suite to the main bedroom and an allocated off-street parking space. The lease has 117 years remaining, suitable for long-term ownership.
The property is sold with tenants in situ until April 2026, making it immediately income-producing for an investor. Note there are planned remedial works to the building exterior due for completion early 2026 — because of this the building is only being marketed to cash buyers until the work is finished.
Running costs and local context are important: service charges are around £2,800 per year (paid £1,400 half-yearly) and ground rent is £350 per year. Crime levels in the area are very high and local broadband speeds are reported as very slow; these factors may affect rental demand and tenant profiles.
Overall this is a centrally located, newly renovated apartment aimed at buyers seeking a buy-to-let with immediate occupancy and clear knowledge of near-term communal works and ongoing costs. The long lease, allocated parking and town-centre location support rental appeal, while the high service charge, building works and local deprivation are material considerations for valuation and financing.
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