Guide price
£695,000
(£193/sq. ft)
9 bed property for saleNorwich Road, Ipswich IP1
9 beds
4 baths
5 receptions
3,602 sq. ft
- Freehold
Joseph Property Agency
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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