Neptune Marina, 1 Coprolite St, Ipswich, Suffolk, UK, IP3

Two Bedroom Fifth Floor Apartment with Balcony, River Views & Secure Allocated Parking – Neptune Marina, Ipswich

Currently Let at £975 PCM | Ideal Investment Opportunity | No Onward Chain (if applicable)

Pennington are pleased to offer for sale this well-presented two double bedroom fifth-floor apartment, situated within the popular Neptune Marina development, conveniently located for Ipswich Waterfront and the town centre.

The apartment benefits from a private balcony with partial river views, spacious open-plan living accommodation, a principal bedroom with en-suite shower room, secure underground allocated parking and access to a communal rooftop garden.

The property is currently let at £975 per calendar month on a rolling monthly tenancy, making it an attractive opportunity for investors looking to purchase an established rental property.

The accommodation comprises a welcoming entrance hallway with storage cupboard, a spacious open-plan living/dining room with sliding doors onto the balcony, and a fitted kitchen with integrated appliances. There are two double bedrooms, including a principal bedroom with fitted wardrobes and an en-suite shower room, together with a separate family bathroom.

Residents benefit from secure fob-controlled entrances, lift access, concierge facilities and a communal rooftop garden offering attractive surrounding views.

Entrance Hallway

The development benefits from two secure fob-controlled entrances from Coprolite Street, one providing access to the post boxes and concierge facilities. Stairs and lift access lead to the fifth floor.

The apartment entrance opens into a hallway with door entry phone system and a useful storage cupboard housing the hot water cylinder.

Open-Plan Living Room/Kitchen – 6.68m x 4.67m (21'10" x 15'3")

A spacious open-plan living and dining area with sliding patio doors opening onto the private balcony, offering partial river views.

The fitted kitchen comprises a range of wall and base units with work surfaces, built-in electric oven, hob, extractor fan and integrated fridge/freezer. There is also space and plumbing for a washing machine, together with tiled flooring to the kitchen area.

Principal Bedroom – 4.55m x 3.76m (14'11" x 12'4")

A generously sized double bedroom featuring a double-glazed window, built-in wardrobes and access to a private en-suite shower room.

En-Suite Shower Room – 2.34m x 1.64m (7'8" x 5'4")

Fitted with a shower cubicle, wash hand basin with vanity storage beneath, WC, heated towel radiator and tiled flooring.

Bedroom Two – 3.14m x 2.64m (10'3" x 8'7")

A second double bedroom with double-glazed window, suitable for use as a guest bedroom, additional bedroom or home office.

Family Bathroom – 2.23m x 2.04m (7'3" x 6'8")

Comprising a panelled bath with shower attachment, wash hand basin, WC, heated towel radiator and tiled flooring.

Outside & Parking

The apartment benefits from a private balcony accessed from the living area, providing outdoor seating space and partial river views.

An allocated underground parking space is included, with secure gated access.

Residents also enjoy access to a communal rooftop garden with seating areas and attractive views across the surrounding area.

Investment Information

The property is currently let at £975 per calendar month on a rolling monthly tenancy, producing a gross annual rental income of £11,700.

Tenure & Additional Information

Tenure: Leasehold

Lease Term: 125 years from 1 December 2004

Ground Rent: £200 per annum

Service Charge: £3,844.66 per annum (flat and parking)

Council Tax Band: C

EPC Rating: C

Current Rental Income: £975 PCM

Secure Allocated Underground Parking