House For Sale London Road, Ipswich, IP1
£395,000
1 of 1
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Last Updated: 25th April 2024
Description
***Investment Opportunity***
Situated on the popular London road lies this three bedroom semi-detached period property which was built in 1888 and known as 'Conway Villa's. This substantial semi-detached family home has been converted into four separate property’s, three studios and one two bedroom duplex apartment, offering someone a wonderful investment opportunity.
All the apartments are currently tenanted and generate just over £27,000 per annum with the current yield being 7%.
Ground Floor Studio - A
Comprises living area, kitchen & Shower-room.
First Floor Studio B -
Comprises living area, kitchen & Shower-room.
Studio C -
Comprises of living area, kitchen, rear lobby and bathroom.
Duplex two bedroom apartment -
Comprises- entrance hall, kitchen, bathroom, landing, stairs up to the second floor and two bedrooms.
The county town of Ipswich offers a range of local amenities including schools, university, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park, recreational facilities, and mainline railway station providing direct links to London Liverpool Street Station. The vibrant waterfront has undergone an extensive rebuilding and gentrification programme and now boasts some fashionable bars and restaurants, together with the University of Suffolk.
Council tax band: A
EPC Rating: TBC
Situated on the popular London road lies this three bedroom semi-detached period property which was built in 1888 and known as 'Conway Villa's. This substantial semi-detached family home has been converted into four separate property’s, three studios and one two bedroom duplex apartment, offering someone a wonderful investment opportunity.
All the apartments are currently tenanted and generate just over £27,000 per annum with the current yield being 7%.
Ground Floor Studio - A
Comprises living area, kitchen & Shower-room.
First Floor Studio B -
Comprises living area, kitchen & Shower-room.
Studio C -
Comprises of living area, kitchen, rear lobby and bathroom.
Duplex two bedroom apartment -
Comprises- entrance hall, kitchen, bathroom, landing, stairs up to the second floor and two bedrooms.
The county town of Ipswich offers a range of local amenities including schools, university, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park, recreational facilities, and mainline railway station providing direct links to London Liverpool Street Station. The vibrant waterfront has undergone an extensive rebuilding and gentrification programme and now boasts some fashionable bars and restaurants, together with the University of Suffolk.
Council tax band: A
EPC Rating: TBC
Agent Details
Palmer & Partners
2 St. Nicholas Street Ipswich IP1 1TJ
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.