16 bedroom property for sale

College Street, Ipswich

Sold STC £1,395,000

Property Description

Full description

INVESTMENT OPPORTUNITY
Situated along the Waterfront development is the chance to aquire the 'Wolsey Building' The current owners are selling the entire block of 10 Flats which consisits of Two 2 bedroom duplex flats, Four, 2 bedroom flats, 4, 1 bedroom flats and a ground floor commercial unit.

The current yearly income from the building is currently £77,832. The flats are on AST's and are all currently occupied.
The location is close to the Waterfront on College street and close to town and within waking distance to the railway station.

The current Rental figures are as follows for each property.

Wolsey Apartments    No. of Beds    Monthly Rental Income
1 Wolsey     Commercial    1000.00
2 Wolsey    1    475.00
3 Wolsey     2    595.00
4 Wolsey    1    475.00
5 Wolsey    2    550.00
6 Wolsey    1    450.00
7 Wolsey     2    515.00
8 Wolsey    1    500.00
9 Wolsey    2    575.00
10 Wolsey    2 - Duplex    695.00
11 Wolsey    2 - Duplex    656.00

Measurements  for Each type :

One bedroom Flat :
Lounge/Kitchen Area : 15'4 (4.67m) x 13'1 (3.99m)
Bedroom 1 : 10'8 (3.25m) x 7'4 (2.24m)
Bathroom : 5'8 (1.73m) x 5'4 (1.63m)

Two Bedrom Flat :
Kitchen/Lounge Area : 18'9 (5.72m) x 15'10 (4.83m)
Bedroom 1 : 12 (3.66m) x 8'1 (2.46m)
Bedroom 2 : 7'9 (2.36m) x 7'7 (2.1m)

Two Bedroom Duplex :
Lounge : 22'10 (6.95m) x 15'6 (4.72m) to 8'3 (2.51m)
Kitchen : 7'8 (2.34m) x 7'4 (2.24m)
Bedroom 1 : 13'10 (4.22m) x 10'6 (3.20m)
Shower Room
Bedroom 2 : 9'7 (2.92m) x 14'5 (4.39m)


For further information on this investment please contact 01473 286266




Listing History

Added on Rightmove:
27 September 2016

Nearest stations

  • Ipswich (0.5 mi)
  • Derby Road (1.2 mi)
  • Westerfield (2.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Masons Estates, Suffolk

2 St. Helens Street, Ipswich, IP4 1HJ

01473 870146 Local call rate

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Nearest stations

  • Ipswich (0.5 mi)
  • Derby Road (1.2 mi)
  • Westerfield (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Masons Estates, Suffolk

2 St. Helens Street, Ipswich, IP4 1HJ

01473 870146 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.

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