For sale by auction on 15/05/2024 at Live Broadcast Auction

Lot Number 12

Flat A & B 49 Orford Road
Felixstowe
Suffolk
IP112ET

Guide Price:
£150,000 - £175,000

Sold for £176,000

This semi-detached freehold investment, converted into two self-contained one-bedroom flats, presents an enticing opportunity for investors. Conveniently located near the Port of Felixstowe, town center, seafront, and main roads, it caters to the high demand for small residential units in the area. Both flats are currently occupied by tenants under AST agreements and are well-cared for. Each unit features a fitted kitchen, lounge, bathroom, and bedroom, providing comfortable living spaces. Modern amenities such as gas central heating and double glazing enhance the appeal of both flats. Additionally, the shared garden, currently used for parking, adds value. With the potential for dual income, this property offers a practical and promising residential investment prospect.

Tenure: Freehold

EPC: C-C

Tenancy: Flat A - 12 Month AST April 24
Flat B - AST from May 2014 now periodic

Current Yield: A - £595 pcm / £7140 pa
B - £545 pcm / £6,540 pa
£1,140 pcm / £13,680 pa

SEMI-DET INVESTMENT
TWO FLATS
CONVENIENT LOCATION
PORT OF FELIXSTOWE
OCCUPIED BY TENANTS
MODERN AMENITIES
SHARED GARDEN
DUAL INCOME

Open viewings have been arranged for:

Tue 7 May 18:30 - 19:30

(10 Minute viewing slots
MUST be pre-booked)

Vendors Solicitors
Mr Edward Thomson
Kerseys Solicitors
32 Lloyds Avenue
Ipswich
IP1 3HD