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2 Bed Flat, Single Let, Ipswich, IP1 3PE £50,000

58A London Road, Ipswich, IP1 2HB - 1 views - 6 months ago
  1. Deal Search
  2. Ipswich
  3. IP1
  4. IP1 3PE
Sold STC
Leasehold
Auction
BTL
ROI: 27%
~68 m²

ValuationUndervalued

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Property History

Listed for £50,000

June 26, 2025

Floor Plans

Description

For sale by auction on 16/07/2025 at Live Broadcast Auction

Lot Number 2

Flat 2, 78 Orford Street
Ipswich
Suffolk
IP13PE

Guide Price:
£50,000 - £75,000

Situated in Ipswich town centre, this well-proportioned first-floor apartment offers a superb opportunity for investors. Just a short walk from Christchurch Park and local amenities, the accommodation includes an entrance hall, spacious lounge/dining area with a large bay window, kitchen, two generous bedrooms, and a bathroom. The property benefits from gas central heating and a private rear garden. While some cosmetic refurbishment is required, the apartment has the potential to command a high rental yield once complete. Offered on a leasehold basis with approximately 89 years remaining, this property presents excellent buy-to-let potential. Early viewing is highly recommended. Priced for the auction market. Annual service charge is £2,130 pa and ground rent of £100 pa. (tbc)

Tenure: Leasehold - 89 years remaining

EPC: E

SC - £2,130 pa.
GR - £100 pa.
2 BEDROOMS
FIRST FLOOR
CHRISTCHURCH PARK
LARGE BAY WINDOW
GAS C/H
WELL MAINTAINED
IDEAL BUY-TO-LET

Open viewings have been arranged for:

Thu 3 July - 11:15 - 12:15
Sat 5 July - 11:00 - 12:00
Mon 7 July - 13:15 - 14:15

(10 Minute viewing slots
MUST be pre-booked)

Vendors Solicitors
Mrs Cordelia Grassby
Home Property Law
Bass Warehouse
4 Castle Street
Manchester
M3 4LZ

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.

Agent Details

Goldings, Ipswich

01473 210200

Next Steps?

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

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