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Studio flat for sale

Burrell Road Ipswich

Sold STC £75,000

Property Description

Key features


Full description

*** INVESTMENT OPPORTUNITY *** with an approx Current Yield of 6.3% Gross. The property is currently tenanted on an Assured Shorthold Tenancy currently achieving £4,740 rental income per annum. Further tenancy details available on request.

A lower ground floor studio flat Situated To The South Side of Ipswich Within Walking Distance of Both Ipswich Town Centre & Ipswich Mainline Railway Station.

Entrance Lobby - Entrance door.

Living Room/ Bedroom - 3.96m into bay 3.99m to face of cupboard (13' into - Bay window to front aspect, built-in cupboards, panel heater, door leading to the kitchen/ breakfast room

Kitchen/ Breakfast Room - 3.45m x 2.54m (11'4 x 8'4) - Comprising single drainer sink unit with mixer tap with base unit under, work surfaces with space under, hob with oven under, wall mounted cupboards, double glazed window to rear aspect, door to rear lobby.

Rear Lobby - Door to garden

Bathroom - Suite comprising panelled bath, wash basin, low level w.c.

Tenure - Leasehold with the remainder of 199 year lease dated from 25 December 1985 - 168 yrs remaining
Service charges p/a - £91.68
Ground rent p/a - £100.00

Agents Note - The property is currently let on an assured short hold tenancy agreement with a monthly rent of £395

The owner owns the Freehold of the whole building and they would be open to reasonable offers for this on a separate basis.

Leasehold (Felix) - Ground rent and service charges may apply to this property.

Disclaimer (Felix) - These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
26 May 2016


Map & Street View

Disclaimer - Property reference 26292058. The information displayed about this property comprises a property advertisement. 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 Sales, Felixstowe. 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.

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