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Norwich Road, Ipswich, IP1

PROPERTY TYPE

Block of Apartments

BEDROOMS

9

BATHROOMS

4

SIZE

3,602 sq ft

335 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Prime multi unit freehold investment
  • 4 Apartments
  • Ample Off Road Parking
  • 2 x 3 Bedroom £1200pcm & £1350pcm
  • 1 x 2 Bedroom, (Private Courtyard) £1250pcm
  • 1 x bedroom £910pcm
  • Freehold One Title

Description

INVESTMENT. Nestled within the heart of a sought-after neighbourhood, this exceptional townhouse presents a prime multi-unit freehold investment opportunity. Boasting four individual apartments, this property offers a lucrative rental potential along with the convenience of ample off-road parking for residents. The two larger apartments feature three bedrooms each, commanding rental incomes of £1200pcm and £1350pcm, respectively. The third apartment, a charming two-bedroom unit with a private courtyard, offers a rent of £1250pcm. Completing the ensemble, the one-bedroom apartment provides a steady income stream of £910pcm. This freehold property is all under one title, simplifying ownership and management for the discerning investor looking for a hassle-free opportunity.

Outside, the property features a well-maintained and landscaped outdoor space. With its strategic location and attractive amenities. This townhouse caters to the modern living needs of tenants while promising a solid long-term return for the savvy investor seeking a sound addition to their property portfolio.

The existing apartments offer a the following accommodation,

Apartment A - £1100pcm

Apartment B - £1250pcm

Apartment C - £1200pcm

Apartment D - £915pcm

Total Income £4610pcm - (8% Yield)

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Norwich Road, Ipswich, IP1

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About Joseph Property Agency, Ipswich

25 Queen Street, Ipswich, IP1 1SW
Industry affiliations:

We use innovative and modern marketing methods to show-case homes in their absolute best light. We offer a wealth of expertise gained in corporate and independent agencies over the past combined 25 years, allowing us to offer unparalleled advice, and provide exceptional service for our Clients. Our belief is that we 'treat your home as if we, the directors, were selling ours', so ensuring the very best marketing, to highlight all selling aspects of the home.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£3,233
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 2c2a96b8-63e5-43e5-a0d7-b6216daf4f2e. 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 Joseph Property Agency, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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