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2 Bed Flat, Ipswich, IP3 0FB £119,500

Siloam Place, Ipswich, Suffolk, IP3 0FB - 1 views - 2 years ago
  1. Deal Search
  2. Ipswich
  3. IP3
  4. IP3 0FB
Leasehold
B2SA
ROI: 20%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Ipswich
  • More Deals in IP3
  • More B2SA Deals
  • More B2SA Deals in Ipswich
  • More B2SA Deals in IP3

Property History

Listed for £119,500

August 16, 2023

Description

  • Two Bedrooms +
  • Ground Floor Apartment +
  • Electric Heating +
  • Bathroom With Shower +
  • EPC Band C +

ATTENTION INVESTORS! If you're looking for a great investment opportunity, this 2-bedroom ground floor apartment with no onward chain could be just what you're after. Currently achieving £750pcm (bringing in a yield of 7.2%) and situated close to the Marina and town centre, this well-proportioned apartment features open plan Lounge/fitted kitchen, bathroom and permit parking around the property. All viewings accompanied, call us today to arrange yours.

Communal Entrance Hall

First Floor

Hallway - 3.5m (11.37") x 1.1m (3.76")
Door to storage cupboard housing hot water storage tank, intercom phone system situated here.

Bedroom 1 - 3.8m (12'31") x 3.0m (9'96")
Double bedroom with double glazed front facing window, electric radiator.

Bedroom 2 - 4.3m (14'05") x 2.4m (7'79")
Double bedroom, double glazed front facing window, electric radiator.

Kitchen - 3.8m (12'59") x 2.5m (8'05")
Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink and a draining board, space and plumbing for washing machine, space for fridge/freezer, built-in electric oven and electric hob with extractor hood over, Double glazed rear facing window.

Living Room - 4.4m (14'32) x 3.0m (9'74")
Large electric radiator, 1x rear facing double glazed window, 1x door onto garden section.

Bathroom - 2.6m (8'67") x 1.7m (5'61")
Towl rail, bath with shower attachment and H+C tap, heater, sink with mixer tap, extractior fan and WC.

Outside
The apartment comes with one parking space with permit plus one visitor pass. There is also a communal courtyard stle garden to the rear of the property with access via the communal hallway.

EPC RATING C
COUNCIL TAX BAND B
Tenure - Leasehold
Length of Lease - 125 years from 24th June 2006 Years remaining 109
Current Ground Rent - £250
Annual Service Charge - Home from Home £2027.76
N.B The property is currently let on an AST tenancy until 12/11/2022 and then periodic after this date current rent £750 PCM

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Lettings
Pennington also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call Robert Ulph on .

ATTENTION INVESTORS! If you're looking for a great investment opportunity, this 2-bedroom ground floor apartment with no onward chain could be just what you're after. Currently achieving £750pcm (bringing in a yield of 7.2%) and situated close to the Marina and town centre, this well-proportioned apartment features open plan Lounge/fitted kitchen, bathroom and permit parking around the property. All viewings accompanied, call us today to arrange yours.

Communal Entrance Hall

First Floor

Hallway - 3.5m (11.37") x 1.1m (3.76")
Door to storage cupboard housing hot water storage tank, intercom phone system situated here.

Bedroom 1 - 3.8m (12'31") x 3.0m (9'96")
Double bedroom with double glazed front facing window, electric radiator.

Bedroom 2 - 4.3m (14'05") x 2.4m (7'79")
Double bedroom, double glazed front facing window, electric radiator.

Kitchen - 3.8m (12'59") x 2.5m (8'05")
Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink and a draining board, space and plumbing for washing machine, space for fridge/freezer, built-in electric oven and electric hob with extractor hood over, Double glazed rear facing window.

Living Room - 4.4m (14'32) x 3.0m (9'74")
Large electric radiator, 1x rear facing double glazed window, 1x door onto garden section.

Bathroom - 2.6m (8'67") x 1.7m (5'61")
Towl rail, bath with shower attachment and H+C tap, heater, sink with mixer tap, extractior fan and WC.

Outside
The apartment comes with one parking space with permit plus one visitor pass. There is also a communal courtyard stle garden to the rear of the property with access via the communal hallway.

EPC RATING C
COUNCIL TAX BAND B
Tenure - Leasehold
Length of Lease - 125 years from 24th June 2006 Years remaining 109
Current Ground Rent - £250
Annual Service Charge - Home from Home £2027.76
N.B The property is currently let on an AST tenancy untill 12/11/2022 and then periodic after this date current rent £675.00 PCM

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Lettings
Pennington also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call Robert Ulph on .

Agent Details

Pennington Surveyors Limited, Ipswich

01473 943457

Next Steps?

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

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Links

  • More Deals in Ipswich
  • More Deals in IP3
  • More B2SA Deals
  • More B2SA Deals in Ipswich
  • More B2SA Deals in IP3

Cashflows

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