Residential Investment Suffolk IP1 £190,000 - £200,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

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Auction date: Thu, 07/04/2016 - 17:30

Situated in a prominent location is this substantial semi-detached house comprising 2 x 1 bedroom and 1 studio flats together with a good size garden to the rear.  Each of the flats are let on established AST’s at rents of £300, £400 and £450 per calendar month respectively with the former at a reduced rate due to the repairs required to the window bay. It is not unreasonable to expect an overall yield in the region of £16,000 per annum. The property benefits from being close to a parade of shops which provide for everyday needs and also offers good public transport links to the town centre. A first class investment opportunity.

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