3 Bed Detached House, Refurb/BRRR, Ipswich, IP4 5LY, £135,000

Spring Road, Ipswich, IP4 5LY - 3 views - 3 months ago

Sold STC
Auction
Refurb/BRRR
ROI: 2%
~93 m²
+12 photos

ValuationUndervalued











Investment Opportunity



































Property History

Price changed to £135,000

January 19, 2025

Listed for £160,000

December 26, 2024

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +

  • Subject to an undisclosed Reserve Price +

  • Buyers fees apply +

  • Two Reception Rooms +

  • Three Bedrooms +

  • Need Of Updating +

  • Excellent School Catchments +

  • East Ipswich +

SUMMARY
OPEN HOUSE SATURDAY 4th JANUARY BY APPOINTMENT ONLY MORTGAGE BUYERS SUBJECT TO APPLICATION
IN NEED OF UPDATING TWO RECEPTION ROOMS THREE BEDROOMS ENCLOSED GARDEN **NO ONWARD CHAIN

DESCRIPTION
OPEN HOUSE SATURDAY 4th JANUARY BY APPOINTMENT ONLY** MORTGAGE BUYERS SUBJECT TO APPLICATION
EAST IPSWICH EXCELLENT SCHOOL CATCHMENT WALKING DISTANCE TO IPSWICH HOSPITAL & ALL AMENITIES BUS ROUTES IN & OUT OF TOWN **EASY ACCESS TO A12 & A14

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Agents Note 
“It is our understanding that the Property is not registered at the Land Registry which is the case with a significant proportion of land across England and Wales. Your Conveyancer will take the necessary steps and advise you accordingly.”

Lounge 11' x 10' 9" ( 3.35m x 3.28m )
Window and door to front aspect, door leading to the dining room

Dining Room 11' 8" x 10' 8" ( 3.56m x 3.25m )
Window to rear aspect, stairs rising to first floor, access leading to kitchen.

Kitchen 8' 4" x 6' 7" ( 2.54m x 2.01m )
Window to side aspect, there are some kitchen units and a sink unit, but these are in need of modernisation

Bathroom 
With WC, bath and wash hand basin.

First Floor Landing 
Giving access to all bedrooms

Bedroom One 10' 9" x 10' 9" ( 3.28m x 3.28m )
Window to front aspect

Bedroom Two  11' 8" x 8' 9" ( 3.56m x 2.67m )
Window to rear

Bedroom Three 8' 1" x 6' 8" ( 2.46m x 2.03m )
Window to rear

External Details 
The rear garden is mainly laid to lawn, There is a shed, and a gated access to the front. To the front of the property is off road parking for a small car.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Ipswich East

01473 943332

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.