2 Bed Flat, Single Let, Ipswich, IP4 1JZ, £60,000

Fore Street, Ipswich, IP4 1JZ - a year ago

Under Offer
Leasehold
Auction
BTL
ROI: 23%
~55 m²
+4 photos

ValuationUndervalued











Cashflows



































Property History

Price changed to £60,000

February 16, 2025

Listed for £80,000

April 24, 2024

Floor Plans

Description

  • Being sold via Secure Sale online bidding. Terms & Conditions apply. +
  • No onward chain +
  • Bathroom +
  • Walking distance of the water front and station +
  • Electric heating +
  • Near to the town centre +
  • Two bedrooms +
  • Open plan Lounge/kitchen/diner +

BELVOIR! are pleased to bring to the market this first floor, two bedroom apartment, situated to the eastern side of Ipswich within walking distance of the water front, station and the town centre.  The property is being sold by Modern day auction methods. The property offers an open plan Lounge/kitchen, two bedrooms and bathroom. Double glazed windows and electric heating. The property offers NO ONWARD CHAIN and would be a great buy to let investment with the potential of achieving in the region of £700-£725 per calendar month. ________________________________________ Accommodation: Entrance Hall with fitted cupboard and hot water tank. Lounge/kitchen: 5.21m x 4.62m Lounge area has electric heater, double glazed window and carpet. Kitchen area has a range of cupboards, drawers and wall cupboards, fitted cooker, hob and extractor hood, space for fridge/freezer and space for washing machine. Bedroom One: 2.97m x 2.90m Double glazed window and electric heater. Bedroom Two: 2.98m x 2.90m Double glazed window and electric heater. Bathroom: 2.46m x 1.80m Panelled bath, low level WC, pedestal wash basin, electric heater. Length of lease: 125 years from 2005. Ground rent and service charge: £899 per year subject to confirmation. Council tax band: A Council tax band amount: £1503 Awaiting approval of the particulars from our client. ______________________________________________ Disclaimers: At Belvoir Ipswich we endeavour to ensure our sales particulars are accurate and reliable, however, they do not constitute or form part of an offer or contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Belvoir and our partners provide a wide range of services to buyers, although you are free to use an alternative provider. For more information simply speak to one of our team today. We can refer you to The Mortgage Advice Bureau for help with finance. We may receive a fee of up to £250.00, if you decide to take a mortgage through them. If you require a solicitor to handle your purchase, then we can refer you to KMA solicitors. We may receive a fee of £100.00, if you decide to use their services. Whilst our referrals come highly recommended, you are free to use alternative providers throughout the process. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Auctioneers Additional Comments  Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website. Auctioneers Additional Comments 
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures. Auctioneers Additional Comments 
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services. EPC rating: B. Tenure: Leasehold,

Agent Details

Belvoir, Ipswich

01473 943916

Next Steps?

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