4 bedroom block of apartments for sale

Croft Street, Ipswich

Sold STC £200,000

Property Description

Key features

  • Ground floor and First floor flats
  • Fantastic buy to let opportunity
  • 6.6% Yield
  • Low service charge
  • Low Ground Rent
  • 117 years remaining on lease
  • Company Let
  • Modern Build
  • Garden
  • Call Leaders Today!

Full description

**ATTENTION INVESTORS!**Leaders are pleased to offer these two, two bedroom apartments situated to the south of Ipswich. The flats consists of entrance hall, large open plan lounge/fitted kitchen, family bathroom with shower over bath, two bedrooms, street parking. The properties are currently tenanted on a company let within a fixed term contract until 18th February 2017. The company is paying £575pcm per apartment, this is a total rental income of £1150 per calendar month offering purchasers a potential gross yield of £6.6%. Ground Rent: £100.00 per year per apartment. Service charges: covers one-eighth of the buildings insurance, general repair and maintenance, approx £200.00 a year per apartment. Term of Lease: 125 years from 2008 (117 years remaining). Don't miss out and contact Leaders in Ipswich today to book your appointment.

Flat 34A Kitchen/Lounge/Diner - 3.81m 11.13m reducing to 5.33m (12'6" 36'6" reduci - Carpet, uPVC double glazed french doors to rear aspect. radiators x 2, open plan kitchen comprising; roll edge work tops, sink with mixer tap and drainer, space for washing machine, space for large free standing fridge freezer, range of base and wall mounted units, integrated electric cooker, hob and extractor.

Flat 34A Bedroom 1 - 3.51m x 2.67m (11'6" x 8'9" ) - Carpet, radiator, uPVC double glazed window to front aspect.

Flat 34A Bedroom 2 - 2.34m x 2.51m (7'8" x 8'3" ) - carpet, radiator and uPVC double glazed window to rear aspect.

Flat 34A Bathroom - 2.41m x 1.75m (7'11" x 5'9" ) - Vinyl flooring, panelled bath and overhead shower, low level WC, pedestal wash basin, extractor fan and radiator

Flat 34B Kitchen/Lounge/Diner - 6.10m x 3.96m (20'92" x 13'96") - Carpet, uPVC double glazed windows to front aspect. radiators, open plan kitchen comprising; roll edge work tops, sink with mixer tap and drainer, space for washing machine, space for large free standing fridge freezer, range of base and wall mounted units, integrated electric cooker, hob and extractor.

Flat 34B Bedroom 1 - 3.05m x 4.29m (10'31 x 14'01) - Carpet, radiator, uPVC double glazed window to front aspect.

Flat 34B Bedroom 2 - 2.44m x 2.82m (8'60 x 9'03) - carpet, radiator, window to rear aspect

Flat 34B Bathroom - 1.52m x 3.66m (5'73 x 12'16") - Vinyl flooring, panelled bath and overhead shower, low level WC, pedestal wash basin, uPVC double glazed window and radiator

Postcode - IP2 8EB

Agents Note - These particulars do not form part of a contract to purchase. Their contents should be confirmed by the vendors solicitor prior to any exchange of contracts. We have not been able to test the appliances and recommend that prospective purchasers arrange for the checks to be carried out before entering into any commitment.

Lease Information - Ground Rent: £100.00 per year. Service charges: covers one-eighth of the buildings insurance, general repair and maintenance, approx £200.00 a year. Term of Lease: 125 years from 2008 (117 years remaining).

Looking To Let - If you are looking to purchase this property as a buy-to-let investment, speak to us. Contact Leaders in Ipswich today to discuss our management options, competitive fees and rigorous referencing procedures. More than 30 years specialising in lettings has given us an unparalleled knowledge of the local market, allowing us to give you an accurate rental valuation of your property, as well as insights into yield and capital appreciation rates.

Our buy-to-let advice is free and impartial from qualified, experienced professionals and our unique Investor Network service puts you in touch with landlords looking to sell their properties, often with a tenant in place. Call Leaders in Ipswich for an impartial discussion on how we can assist your buy-to-let plans.


More information from this agent

Listing History

Added on Rightmove:
23 September 2016

Nearest stations

  • Ipswich (0.5 mi)
  • Derby Road (1.3 mi)
  • Westerfield (2.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Leaders, Ipswich

Friars House, Ground Floor, 2 Falcon Street, Ipswich, IP1 1SL

01473 870131 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Leaders, Ipswich

Friars House, Ground Floor, 2 Falcon Street, Ipswich, IP1 1SL

01473 870131 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Ipswich (0.5 mi)
  • Derby Road (1.3 mi)
  • Westerfield (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Leaders, Ipswich

Friars House, Ground Floor, 2 Falcon Street, Ipswich, IP1 1SL

01473 870131 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26157360. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Leaders, Ipswich . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.