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2 Bed Terraced House, Single Let, Leiston, IP16 4BX £185,000

Leiston, IP16 4BX - 4 views - 10 months ago
  1. Deal Search
  2. Leiston
  3. IP16
  4. IP16 4BX
BTL
~68 m²

ValuationUndervalued

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Links

  • More Deals in Leiston
  • More Deals in IP16
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  • More Single Let Deals in Leiston
  • More Single Let Deals in IP16

Property History

Price changed to £185,000

July 22, 2025

Listed for £169,000

January 31, 2025

Floor Plans

Description

  • Ground floor freehold retail unit with flat above +
  • Great yield of approx 7.5% +
  • Kitchen / Living / Dining Area +
  • 1 Large Double Bedroom +
  • Bathroom & shower +
  • Office / Shop, Kitchen and Cloakroom +
  • New Gas central heating in flat -Spacious kitchen with new appliances +
  • Recently fitted Double Glazed windows and doors +
  • On Street Parking Close By or local carpark +
  • Great for investors to live in flat or rent the whole property +

PRICE £169,000 Freehold property with a great yield of 7.5% approx.
Flat currently rented for £600 PCM, Retail Unit rented for £5,400 PA Total together £12,600
The retail unit is on the Ground Floor and 1 bedroom flat on the first floor which is positioned on the High Street.
Contracted tenants in the flat and shop/premises below with established occupants. The Flat has been freshly decorated and new carpets throughout plus New gas central heating to the flat.
The flat comprises of lovely bright open plan kitchen with new appliances, living, dining area overlooking the high street, a large double bedroom and bathroom/shower. Recently fitted Double glazed windows and doors. This versatile building gives the option of Living above with a business below or you can use the retail unit and rent out the flat. The possibilities are endless. Call today to arrange a viewing

GUIDE PRICE: £169,000 Freehold property with a great yield of 7.5% approx

The total approx. floor area of the First Floor Flat is 473.6 sq.ft. The total approx. floor area of the Retail Unit is approx. 215.27 sq.ft. Total area of both is 688.87 sq.ft.

Entrance Door off of the High Street leads to the Retail Unit currently in a lease by Markham Funeral Services

Office: 15`1" x 12`6". Window to front aspect, area divided into 2 connecting rooms, door to:

Kitchen: 6` x 3`10". Double base unit with sink and drainer and worktop.. Staircase to First Floor landing, locked door

Cloakroom: Low flush w.c, and wash hand basin.

Access to the Flat is from the rear of the Building and a flight of external steps leads up to:

Entrance Door: Landing: Doors leading through to

Kitchen / Living / Dining Room. Living Room Area: 14`10" x 11`11". Windows to front aspect. Kitchen area 7`7" x 6`3". Fitted with a matching range of wall and base units providing storage, work surface above incorporating stainless steel sink and drainer unit, tiled splashbacks, space for freestanding electric oven. Space for fridge and plumbing for dishwasher, vinyl flooring to kitchen area and carpet to living area.

Bathroom: Fitted with a panel enclosed bath, low flush wc., and pestal wash hand basin with chrome fittings.

Bedroom: 12`8" x 12`6". Window to front aspect.

AGENTS NOTE: There may be an opportunity to convert the ground floor into residential accommodation subject to the usual change of use consents being obtained. Interested purchasers are also advised to note that there are flying freeholds.

NB. Please note that these particulars are in a draft format and yet to be verified by the Seller and therefore may be subject to change.
NB. This property belongs to a Director of Druce Estate Agents Limited.

Agent Details

Druce Estate & Letting Agents Ltd, Leiston

01728 443966

Next Steps?

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

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