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Guide price

£695,000

(£193/sq. ft)

9 bed property for sale
Norwich Road, Ipswich IP1

    • 9 beds

    • 4 baths

    • 5 receptions

    • 3,602 sq. ft

  • Freehold

Joseph Property Agency

Logo of Joseph Property Agency

About this property

  • 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

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)

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More information

  • Tenure

    Freehold

  • Council tax band

    Council tax band not yet known

  • Ground rent

    £0

See all recent sales in IP1

Property descriptions and related information displayed on this page are marketing materials provided by - Joseph Property Agency. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Joseph Property Agency for full details and further information.