Summary - 112 RECTORY ROAD IPSWICH IP2 8EG
10 bed 4 bath Detached
Turnkey rented property with clear extension potential for higher yields.
Licensed 10-bedroom HMO with separate 2-bed flat and private access
A substantial period detached property in Ipswich, currently configured and licensed as a 10-bedroom HMO plus a separately accessed 2-bedroom flat. It produces a verified rental income of £7,200 per month and sits on a large plot with a private garden, outbuildings and scope for further accommodation to increase yield.
The building dates from before 1900 and offers clear investor potential: three kitchens, multiple bathrooms, communal space and planning scope to add up to six ensuite bedrooms to the rear (application noted as a scope). The property is well located for town centre and train links, with strong mobile and fast broadband—attributes attractive to students, professionals and contractors.
Buyers should factor in material maintenance and upgrade work. Exterior photos show areas of wear and roof asymmetry; the property is a historic solid brick build with assumed no cavity insulation. Some windows are modern double glazing but install dates are unknown. The HMO is turnkey income-producing now, but further capital and refurbishment will be needed to unlock the stated upside to c. £12,000/month.
This is a high-yield, hands-on investment suited to landlords or developers who can manage refurbishment, retrofit insulation where appropriate, and pursue the rear extension consent. The property sits in a deprived area classification and council tax details are unknown; prudent buyers should carry out local demand checks and confirm planning/licensing details before exchange.
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