A large second floor maisonette subject to a regulated tenancy

A particularly well proportioned second floor maisonette forming part of a period building conversion and situated in a desirable location on the fringe of the town centre. The property offers particularly spacious accommodation including an 18ft sitting room and 17ft main bedroom and is being sold subject to a regulated tenancy with the same tenant having been in occupancy since the early 1970s. The current rent is £375 per calendar month (£4500 pa) and the property is being sold with a new 125 year lease. This property offers an excellent medium/long term investment and would be a welcome addition to any residential portfolio. NOTE: In accordance with the Estate Agents Act 1979, we are obliged to declare that the sellers of this property are 'connected persons'.

Tenure

Leasehold

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating TBC

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Ipswich Borough Council. Tel: 01473 432000

Solicitors

Hayward Moon, Chestnut Court, Wingfield Street, Ipswich, Suffolk IP4 1AR, Ref: Mark Hayward, Tel: (01473) 234730

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.