---

House For Sale £1,200,000
Fonnereau Road, Ipswich, Suffolk IP1


Description
*** fantastic investment opportunity ***

This exceptional character property, situated with unrestrictive views of the very popular Christchurch Park and positioned within the heart of Ipswich town centre, the detached property is currently split into a pair of semi-detached houses and is being sold as an investment opportunity with all tenants on a shorthold tenancy which currently produces an annual income from all seven apartments in excess of £55,500.

The property is full of character features throughout including high ceilings, comes with allocated parking spaces for up to 10 vehicles to the front and further allocated parking to the rear for three/four vehicles.

There is also potential scope to convert the basement as well as extending the building (subject to planning permission).

The current rental for each apartment is as follows:-

Apartment 35A - ground floor - one bedroom - currently being rented at £675 per month
Apartment 35B - first floor - two bedrooms - currently being rented at £690 per month
Apartment 35C - top floor - two bedrooms - currently being rented at £725 per month
Apartment 35D - ground floor - one bedroom - currently being rented at £625 per month

Apartment 37A - ground floor with private garden - one bedroom - currently being rented at £600 per month
Apartment 37B - first floor - one bedroom - currently being rented at £635 per month
Apartment 37C - top floor - one bedroom - currently being rented at £700 per month

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 town has also undergone an extensive rebuilding and a gentrification programme principally around the vibrant waterfront which now boasts some lovely bars and restaurants.

Agents note:-
Both properties (35 and 37) are on separate titles.

For further Information contact the office or email

Follow the link for more information:
        
zoopla.co.uk

  
Email notifications
If we find new offers or listing price updates in category Houses For Sale you will receive an email alert.


Search




- + Search

Request removal
Impressum