For sale by auction on 25/09/2024 at Live Broadcast Auction
Lot Number 11
145 Ranelagh Road
Ipswich
Suffolk
IP20AF
Guide Price:
£125,000 - £150,000
Sold for £163,000
Located in South Ipswich, this tenanted 3-bedroom terraced property presents an ideal buy-to-let investment with a strong yield. The home features a convenient ground floor bathroom and benefits from being within walking distance of Ipswich train station, making it attractive for commuters. Its proximity to the A12/14 trunk roads enhances connectivity and accessibility. Currently occupied by tenants, this property offers a reliable income stream from day one, making it a sound choice for investors seeking a property with established rental returns. Priced for the auction market, this property is an appealing option for those looking to invest in the Ipswich area.
Tenure: Freehold
EPC: D
Tenancy: AST from 2021
Now periodic
Current Yield: £1,050 pcm / £12,600 pa
3-BED TERRACED HOUSE
10% AT LOW GUIDE
TENANTED INVESTMENT
STRONG YIELD
SOUTH IPSWICH
NEAR A12/14 ROADS
CLOSE TRAIN STATION
PRICED FOR AUCTION
UPVC D/GLAZING
GAS C/H
Open viewings have been arranged for:
Sat 14 Sept 11:30 - 12:30
(10 Minute viewing slots
MUST be pre-booked)
Vendors Solicitors
Mr Edward Thomson
Kerseys Solicitors
32 Lloyds Avenue
Ipswich
IP1 3HD
How is this property being sold?
This property is being sold via a traditional live-streamed AUCTION. To participate, you’ll need to attend the scheduled open viewing, review the Legal Pack available on our website, and ensure your finances are in order, or be ready to proceed without funding.
Properties are sold subject to reserve prices and are chain-free, meaning contracts are immediately exchanged when the hammer falls. If successful, a 10% deposit is required on the same day, with the remaining 90% due upon completion, typically within 28 days. Guide prices reflect the vendor's minimum expectations, and bidding can be done online, by phone, or via proxy.
We don’t charge any Buyers Premium or hidden fees; only a fixed administration fee of £1,200 is applied upon a successful purchase. For any questions about the auction process, please contact our office.
