A substantial 4 storey dwelling divided into 2 tenanted duplex flats and with a strong rental income

A substantial four storey period town house situated in a desirable residential area on the north eastern fringe of the town centre and within easy walking distance of a wide range of shopping and recreational amenities. The property is divided into 2 duplex flats with the basement/ground floor unit let on an AST at £525 per calendar month although the tenant has given noticve and will be vacating on 15th July, whilst the first/second floor unit has just been let on a new AST again at £525 per calendar month. The property benefits from gas central heating to radiators, double glazing and with a dual income stream totalling £12,600 per annum, we consider this to be a first class residential investment.

Tenure

Freehold

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating C

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

Michael Smith & Co, 21 St Margaret's Green, Ipswich, Suffolk IP4 2BN, Ref: Michael Smith, Tel: 01473 226231

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.